Benchmark Electronics, Inc.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Governance
- Human Capital Management
- Human Rights
- Responsible Supply Chains
- Climate Change
- Environmental Management
- Our Community
- Our COVID-19 Response
Environmental Achievements
- Installed energy efficient LED lighting to reduce energy consumption
- Began a project to install solar panels on the rooftop of our facility in Korat, Thailand
Social Achievements
- Benchmark’s site in Korat, Thailand received the Excellent Practices Establishment on Occupational Safety and Health National Level award for the third consecutive year from Thailand’s Ministry of Labour.
- Conducted “Understanding Unconscious Bias” training for all U.S. employees
- Conducted first annual global Employee Engagement and Inclusion Survey
Governance Achievements
- Benchmark’s Board of Directors formally amended the charter of our Nominating and Governance Committee in 2021 to include sustainability as a primary responsibility.
- Benchmark was the winner of a 2021 Corporate Governance award from Corporate Secretary magazine in the “Best Use of Technology” category.
- Implemented a “Speak Up!” campaign to promote a positive and ethical organizational culture.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Supply chain disruptions (implied)
- Climate change risks (identified but not detailed)
- Data collection and mapping for ESG (ongoing process)
Mitigation Strategies
- Robust enterprise risk management (ERM) program
- COVID-19 Task Force
- Proactive supplier onboarding and auditing process
- Developing and implementing a DEI strategy
Supply Chain Management
Supplier Audits: 100% compliance with RBA self-assessment questionnaire (SAQ)
Responsible Procurement
- RBA Code of Conduct
- Conflict Free Sourcing Initiative Due Diligence reporting process
- Conflict Mineral Policy
- Declaration on Business Ethics and Compliance Letter
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Core option, SASB Electronic Manufacturing Services & Original Design Manufacturing 2018 Sustainability Accounting Standard, TCFD
Certifications: ISO 14001 (various sites), ISO 45001 (various sites), ISO 9001:2015 (various sites), ISO 13485:2016 (various sites), AS9100:2016 (various sites), IATF 16949:2016 (various sites)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Mapped to UN SDGs in GRI Content Index
Sustainable Products & Innovation
- Miniaturized RF filter for 5G wireless network (Benchmark Lark Technology)
- Contract manufacturing services to SunPower
Awards & Recognition
- 2021 Corporate Governance award from Corporate Secretary magazine
- Excellent Practices Establishment on Occupational Safety and Health National Level award (Korat, Thailand)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Responsibility
- Our People
- Our Community
- Governance
Environmental Achievements
- Maintained Silver Sustainability rating from EcoVadis and improved overall score.
- All but one manufacturing facilities are certified to ISO 14001:2015.
- Set a 15% reduction target for Scope 1 and Scope 2 GHG emissions by 2025 from a 2021 base year.
- Installed rooftop solar panels at Korat, Thailand facility, generating up to 160KW of AC electricity (2% of annual energy use).
Social Achievements
- Created a new DEI officer position and launched an Employee Resource Group (ERG) for women.
- Ayutthaya and Korat sites in Thailand received responsible manufacturing awards.
- Received a national award for excellent OHS practices at Korat, Thailand facility for the fourth consecutive year.
- Improved employee engagement survey participation to 82% (from 77% in 2021).
Governance Achievements
- Established an executive-level ESG/Sustainability Council and made sustainability oversight a primary responsibility of a Board Committee.
- Established an Inclusion Council focused on DEI.
- 96% of employees completed training on ethics and compliance.
- Added sustainability risks to annual enterprise risk assessment and management plans.
Climate Goals & Targets
- Reduce absolute Scope 1 and Scope 2 GHG emissions by 15% by 2025 (from 2021 baseline).
Environmental Challenges
- Supply chain disruptions (implied)
- Climate change risks (implied)
Mitigation Strategies
- Robust enterprise risk management program including sustainability risks.
- Supplier audits and responsible procurement practices.
- Disaster recovery plans from suppliers.
- Energy efficiency initiatives and renewable energy procurement.
Supply Chain Management
Supplier Audits: 100% of preferred suppliers audited within the last four years.
Responsible Procurement
- Declaration on Business Ethics and Compliance Letter for all new suppliers.
- Supplier assessment including social and environmental responsibility questions.
- Requirement for suppliers to adhere to RBA Code of Conduct or equivalent.
Climate-Related Risks & Opportunities
Opportunities
- Increased customer demand for cleantech services.
Reporting Standards
Frameworks Used: GRI, SASB, TCFD
Certifications: ISO 14001:2015 (most facilities), ISO 45001:2018 (some facilities)
Awards & Recognition
- MSCI ESG Rating of AA (2022)
- C grade on CDP Climate Change questionnaire (2022)
- Responsible manufacturing awards for Ayutthaya and Korat sites in Thailand (2022)
- National OHS award for Korat, Thailand facility (2022)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Responsibility
- Our People
- Our Community
- Governance
Environmental Achievements
- Relocated corporate data center to an energy-efficient facility providing 100% renewable energy for IT equipment
- All 7 manufacturing sites are ISO 14001:2015 certified, including the newest Mesa site.
- Reduced the proportion of shipping materials that becomes waste by employing reusable packaging, resulting in 37.7 metric tons in avoided landfill disposal.
Social Achievements
- Launched second employee resource group (ERG) for veterans, BRAVE, complementing existing Women Inclusion Network (WIN)
- Expanded diversity recruitment efforts and fostered a more inclusive culture with events, partnerships, and training.
- Contributed $100K USD per year for three years to develop an internship program through partnership with Minnesota State College Southeast.
Governance Achievements
- Adopted a global policy that codifies the annual enterprise risk assessment process
- Created the role of Global Director of Sustainability
- Established a Health and Safety Council and an Environmental Council with representatives from every site.
Climate Goals & Targets
- Reduce absolute Scope 1 and Scope 2 GHG emissions by 15% by 2025 from a 2021 base year
Environmental Challenges
- Supply chain disruptions
- Climate change impacts
- Water security
Mitigation Strategies
- Strengthened terms and conditions for purchase orders regarding supplier expectations on social responsibility and environmental protection.
- Expanded data collection on health and safety.
- Responded to CDP Climate Change questionnaire and submitted first response to their Water Security questionnaire.
Supply Chain Management
Supplier Audits: Annual RBA Self-Assessment Questionnaire (SAQ) completed by all manufacturing sites; 93% supplier compliance with RBA Code of Conduct in 2023
Responsible Procurement
- Declaration on Business Ethics and Compliance Letter for all new suppliers
- Compliance with Benchmark Code of Conduct and RBA Code of Conduct
Climate-Related Risks & Opportunities
Opportunities
- Increased customer demand for sustainable product design and manufacturing services
Reporting Standards
Frameworks Used: GRI, TCFD, SASB, UN SDGs
Certifications: ISO 14001:2015, ISO 45001:2018
Awards & Recognition
- Corporate Social Responsibility Award (Thailand)
- Model Factory for Workplace Safety (Korat, Thailand)
- IPC Asia Outstanding Education Enterprise Company Award (Thailand)
- Zero Accident Award - Platinum Level (Korat, Thailand)
- Certificate of Honor for Good Labor Practices (Ayutthaya, Thailand)
- Green Industry Award Level 4 (Ayutthaya, Thailand)