Green Financing

At Jabil, we strive to make ANYTHING POSSIBLE and EVERYTHING BETTER

With more than 250,000 employees in 100+ locations across 30 countries, we are driven by a common purpose: to make the world a better place with the way we treat each other; extend innovative solutions; give back to our local communities; and respect the environment. 

Our purpose comes to life through our commitment to Environmental, Social & Governance (ESG) topics and our local, regional and global sustainability efforts. Our Green Financing Framework aligns with, and builds on, our actionable sustainability strategy and goals. 

To learn more about our ESG commitments, efforts and five-year goals, visit our Sustainability page.

AIMING FOR ZERO

In 2020, we launched our first Climate Action Plan, committing to reduce our scope 1 and 2 greenhouse gas (GHG) emissions in line with the scientific community’s recommendations.
 

FY25

25% reduction in GHG emissions compared to FY19

 

FY30

50% reduction in GHG emissions compared to FY19

 

While we are actively contributing to all three ESG areas, the Framework is focused on Jabil’s sustainability initiatives that contribute to the achievement of the United Nation’s Sustainable Development Goals related to the environment:

Use of Proceeds

Aligned to Jabil’s overarching environmental strategy, a significant portion of the net proceeds of any Green Financing are expected to be allocated to expenditures related to the following:

OUR INNOVATIVE SOLUTIONS:

The services and solutions we provide which enable the production of green and sustainable products for our customers, including:

  • Clean Transportation
  • Renewable Energy Infrastructure
  • Ecologic brand recycled packaging products
  • Smart Infrastructure
  • Circular Economy
  • Sustainable packaging

OUR OPERATIONS & RESOURCES:

Ensuring we operate and manage resources in our sites as efficiently as possible, including:

  • Waste and water diversion
  • Procurement and production of renewable energy
  • Operational improvements to reduce greenhouse gas (GHG) emissions
  • Green buildings and transportation

Project Evaluation & Selection

  • A cross-functional internal committee (the “Sustainable Finance Committee”) will oversee the project evaluation and selection process to ensure selected projects comply with the Framework’s eligibility criteria defined in the Use of Proceeds section and are aligned with Jabil’s sustainability strategy

Management of Proceeds

  • The amount and extent of expenditures on projects meeting the Framework’s eligibility criteria will be tracked and maintained through our internal management reporting process

Reporting

  • We intend to publish a report annually, until full allocation of the net proceeds 
  • We also intend to report on the sustainability impacts of projects financed through green bonds and loans, where feasible 
Green Financing

“Our sustainability efforts and impact are essential to the long-term success of our business. Our green financing further demonstrates our commitment to ESG and ensuring the integration of business and sustainability priorities across the organization.”
– Michael Cooke, VP, Social and Environmental Responsibility

Learn more about our sustainability efforts:

Green Financing Framework

Our Green Financing Framework (the “Framework”) is intended to further align our financings with our sustainability strategy. The Framework provides information about the types of projects that are eligible for financing and refinancing from the proceeds of sustainable finance instruments.

Second Party Opinion

Sustainalytics has provided a second party opinion (SPO) confirming that our Green Financing Framework is credible and impactful and aligns with both the Green Bond Principles 2021 and the Green Loan Principles 2021.

2022 Sustainability Progress Report

In 2021, Jabil announced data-driven, science-based goals, designed to propel the company forward in its sustainability journey and provide fresh opportunities for growth, value creation and long-term business resiliency. The fiscal year 2022 Sustainability Progress Report was prepared in alignment with the Global Reporting Initiative (GRI) Standards, providing highlights of the year since the company publicly stated its goals. 

Reports

We intend to publish a report annually, until full allocation of the net proceeds.