TAKING ACTION ON CLIMATE CHANGE
Managing data, increasing operational efficiency and investing in renewable energy are integral parts of Jabil’s blueprints for addressing the risks associated with climate change. We’ve set a 2025 target to reduce our carbon output from operational greenhouse gas (GHG) emissions by 25% from the fiscal year 2019 baseline.
Energy and environmental data from each of our global sites is tracked in an enterprise environmental data management software and aggregated to analyze trends and to monitor progress toward target achievement. Energy and acquired water data undergo a third-party assurance process each year, a program being expanded in 2021 to include other sustainability data.
Also in 2021, Jabil began working on a solution for a transformational digitization of electricity usage data. The goal of this initiative is to unburden site teams from manual data entry; eliminate the risk of human error in data entry; improve the timeliness of data capture; create visibility into real-time data trends and progress toward goals; and facilitate the annual third-party data assurance process.
Jabil sites routinely look for ways to create innovative solutions for reducing energy usage:
As part of our efforts associated with this strategy, we avoided 1.2 million metric tons of emissions through our renewable energy in fiscal year 2021.
Each step in our journey that leads to greater decarbonization successes, improved data management, increased efficiency, cost savings and innovative green technology development brings us closer to achieving our ultimate goal of carbon neutral operations that helps to ensure long-term company resiliency and economic vitality. Our efforts in this area have been recognized by Forbes in their first-ever Green Growth 50 list, highlighting corporations that have reduced GHG emissions while growing profits; only 50 companies were identified and Jabil ranked #6 on the list.