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Fabrinet Publishes 2024 Corporate Responsibility Report

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Fabrinet (NYSE: FN) has released its 2024 Corporate Responsibility Report, highlighting the company's sustainability and operational achievements for the fiscal year ended June 28, 2024. The report showcases initiatives across multiple areas including environmental stewardship, talent development, and business resilience.

Key accomplishments include the implementation of 206 lean manufacturing projects for improved sustainability and cost reduction, expansion of the Temporary Technician Academy with a 100% hiring rate for graduates, and the launch of employee development programs like 'English for Work' with over 60 participants. The company, which employs more than 14,000 people, strengthened its cybersecurity protocols and obtained ISO 22301 certification for business continuity.

Environmental initiatives included expanded waste recycling donations to local NGOs, while community engagement efforts continued through partnerships with organizations like Maharaj Home for Boys and the Prosthesis Foundation. The company's efforts were recognized with Thailand's CSR-DIW Continuous Award and Labor Management Excellence Award.

Fabrinet (NYSE: FN) ha pubblicato il suo Rapporto di Responsabilità Aziendale 2024, evidenziando i risultati in termini di sostenibilità e operatività per l'anno fiscale terminato il 28 giugno 2024. Il rapporto mette in mostra iniziative in diversi ambiti, tra cui la gestione ambientale, lo sviluppo dei talenti e la resilienza aziendale.

I principali risultati includono l'implementazione di 206 progetti di lean manufacturing per migliorare la sostenibilità e ridurre i costi, l'espansione dell'Accademia dei Tecnici Temporanei con un tasso di assunzione del 100% per i laureati e il lancio di programmi di sviluppo per i dipendenti come 'Inglese per il Lavoro', con oltre 60 partecipanti. L'azienda, che impiega più di 14.000 persone, ha rafforzato i suoi protocolli di cybersicurezza e ha ottenuto la certificazione ISO 22301 per la continuità aziendale.

Le iniziative ambientali hanno incluso l'espansione delle donazioni per il riciclaggio dei rifiuti a ONG locali, mentre gli sforzi di coinvolgimento della comunità sono proseguiti attraverso partnership con organizzazioni come il Maharaj Home for Boys e la Prosthesis Foundation. Gli sforzi dell'azienda sono stati riconosciuti con il CSR-DIW Continuous Award e il Labor Management Excellence Award della Thailandia.

Fabrinet (NYSE: FN) ha publicado su Informe de Responsabilidad Corporativa 2024, destacando los logros de sostenibilidad y operativos de la empresa para el año fiscal que finalizó el 28 de junio de 2024. El informe muestra iniciativas en múltiples áreas, incluyendo la gestión ambiental, el desarrollo de talento y la resiliencia empresarial.

Entre los logros clave se incluyen la implementación de 206 proyectos de manufactura esbelta para mejorar la sostenibilidad y reducir costos, la expansión de la Academia de Técnicos Temporales con una tasa de contratación del 100% para los graduados, y el lanzamiento de programas de desarrollo para empleados como 'Inglés para el Trabajo', con más de 60 participantes. La empresa, que emplea a más de 14,000 personas, fortaleció sus protocolos de ciberseguridad y obtuvo la certificación ISO 22301 para la continuidad del negocio.

Las iniciativas ambientales incluyeron la expansión de donaciones para el reciclaje de residuos a ONG locales, mientras que los esfuerzos de participación comunitaria continuaron a través de asociaciones con organizaciones como Maharaj Home for Boys y la Prosthesis Foundation. Los esfuerzos de la empresa fueron reconocidos con el CSR-DIW Continuous Award y el Labor Management Excellence Award de Tailandia.

파브리넷 (NYSE: FN)는 2024년 기업 책임 보고서를 발표하며 2024년 6월 28일에 종료된 회계연도의 지속 가능성 및 운영 성과를 강조했습니다. 이 보고서는 환경 관리, 인재 개발 및 비즈니스 회복력 등 여러 분야에서의 이니셔티브를 보여줍니다.

주요 성과로는 지속 가능성 개선 및 비용 절감을 위한 206개의 린 제조 프로젝트 실행, 졸업생의 100% 채용률을 기록한 임시 기술자 아카데미 확장, 60명 이상의 참여자가 있는 '직무를 위한 영어'와 같은 직원 개발 프로그램의 시작이 포함됩니다. 14,000명 이상의 직원을 고용하고 있는 이 회사는 사이버 보안 프로토콜을 강화하고 비즈니스 연속성을 위한 ISO 22301 인증을 획득했습니다.

환경 이니셔티브에는 지역 NGO에 대한 폐기물 재활용 기부 확대가 포함되었으며, 커뮤니티 참여 노력은 Maharaj Home for Boys 및 Prosthesis Foundation과 같은 조직과의 파트너십을 통해 계속되었습니다. 회사의 노력은 태국의 CSR-DIW 지속상과 노동 관리 우수상으로 인정받았습니다.

Fabrinet (NYSE: FN) a publié son Rapport de Responsabilité Sociétale 2024, mettant en avant les réalisations de l'entreprise en matière de durabilité et d'opérations pour l'exercice fiscal se terminant le 28 juin 2024. Le rapport présente des initiatives dans plusieurs domaines, notamment la gestion environnementale, le développement des talents et la résilience des entreprises.

Les principales réalisations incluent la mise en œuvre de 206 projets de fabrication lean pour améliorer la durabilité et réduire les coûts, l'expansion de l'Académie des Techniciens Temporaires avec un taux d'embauche de 100% pour les diplômés, et le lancement de programmes de développement des employés tels que 'Anglais pour le Travail', avec plus de 60 participants. L'entreprise, qui emploie plus de 14 000 personnes, a renforcé ses protocoles de cybersécurité et a obtenu la certification ISO 22301 pour la continuité des affaires.

Les initiatives environnementales comprenaient l'expansion des dons pour le recyclage des déchets aux ONG locales, tandis que les efforts d'engagement communautaire se poursuivaient grâce à des partenariats avec des organisations telles que le Maharaj Home for Boys et la Prosthesis Foundation. Les efforts de l'entreprise ont été reconnus par le CSR-DIW Continuous Award et le Labor Management Excellence Award en Thaïlande.

Fabrinet (NYSE: FN) hat seinen Corporate Responsibility Report 2024 veröffentlicht, der die Nachhaltigkeits- und Betriebsleistungen des Unternehmens für das am 28. Juni 2024 endende Geschäftsjahr hervorhebt. Der Bericht zeigt Initiativen in mehreren Bereichen, darunter Umweltverantwortung, Talententwicklung und Unternehmensresilienz.

Zu den wichtigsten Erfolgen gehören die Umsetzung von 206 Lean-Management-Projekten zur Verbesserung der Nachhaltigkeit und Kostensenkung, die Erweiterung der Temporären Technikerakademie mit einer 100% Einstellungsquote für Absolventen und der Start von Mitarbeiterentwicklungsprogrammen wie 'Englisch für die Arbeit' mit über 60 Teilnehmern. Das Unternehmen, das mehr als 14.000 Mitarbeiter beschäftigt, hat seine Cybersecurity-Protokolle verstärkt und die ISO 22301-Zertifizierung für die Geschäftskontinuität erhalten.

Umweltinitiativen umfassten die Ausweitung von Abfallrecyclingspenden an lokale NGOs, während die Bemühungen um die Gemeinschaftsengagement durch Partnerschaften mit Organisationen wie dem Maharaj Home for Boys und der Prosthesis Foundation fortgesetzt wurden. Die Bemühungen des Unternehmens wurden mit dem CSR-DIW Continuous Award und dem Labor Management Excellence Award in Thailand ausgezeichnet.

Positive
  • 100% hiring rate for Temporary Technician Academy graduates
  • Implementation of 206 lean manufacturing projects reducing operational costs
  • ISO 22301 certification obtained for business continuity
  • Strengthened cybersecurity protocols aligned with NIST standards
Negative
  • None.

BANGKOK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today published its Corporate Responsibility Report for the fiscal year ended June 28, 2024. The report details Fabrinet’s progress on key issues including employee development, community engagement, supply chain responsibility, environmental stewardship, and cyber security.

Seamus Grady, Chief Executive Officer of Fabrinet, said “Operating responsibly and sustainably is built into everything that our more than 14,000 employees do every day. Our 2024 Corporate Responsibility Report reflects our dedication to sustainable innovation and long-term value creation while contributing to a healthier planet and more equitable communities. By focusing on sustainable manufacturing practices, developing our workforce, and maintaining strong governance, we are creating value for all our stakeholders while positioning Fabrinet for continued growth.”

Notable accomplishments highlighted in the report include:

  • Environmental Stewardship: Expanded waste recycling donations to benefit local NGO initiatives and the environment; implemented 206 lean manufacturing projects, reducing operational costs while improving sustainability through optimized resource use
  • Talent Pipeline Development: Helped to cultivate future Fabrinet leaders though the Temporary Technician Academy, which in 2024, added an advanced training component, expanded to accommodate 41 interns, and achieved a 100% hiring rate for program graduates
  • Employee Development and Wellbeing: Introduced “English for Work” language training, with over 60 participants in the inaugural cohort; launched the “Wellness Wave” initiative, earning the Thai Health Literate Workplace award for promoting physical and mental health
  • Community Engagement: Continued long-standing support for the community partners and initiatives, such as Maharaj Home for Boys, the Prosthesis Foundation, and annual health check-ups for seniors; established new partnerships, notably Thanyaphon Reception Home for Girls, and provided facility upgrades and supplies for several local schools
  • Business Resilience: Strengthened cybersecurity protocols aligned with NIST standards; obtained ISO 22301 certification for business continuity.

This past year, Fabrinet’s was recognized with Thailand’s CSR-DIW Continuous Award and Labor Management Excellence Award as a result of its efforts.

The full report can be accessed on Fabrinet’s website at www.fabrinet.com/about/esg-initiatives.

About Fabrinet

Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers and sensors. Fabrinet offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly and testing. Fabrinet focuses on production of high complexity products in any mix and any volume. Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the United States of America, the People’s Republic of China, and Israel. For more information visit: www.fabrinet.com.

SOURCE: Fabrinet

Investor Contact:
Garo Toomajanian
ir@fabrinet.com


FAQ

What are the key environmental initiatives in Fabrinet's (FN) 2024 Corporate Responsibility Report?

Fabrinet implemented 206 lean manufacturing projects for sustainability and cost reduction, and expanded waste recycling donations to benefit local NGO initiatives.

How successful was Fabrinet's (FN) Temporary Technician Academy program in 2024?

The program achieved a 100% hiring rate for graduates, expanded to accommodate 41 interns, and added an advanced training component.

What certifications and awards did Fabrinet (FN) receive in 2024?

Fabrinet received ISO 22301 certification, Thailand's CSR-DIW Continuous Award, Labor Management Excellence Award, and Thai Health Literate Workplace award.

What employee development programs did Fabrinet (FN) introduce in 2024?

Fabrinet launched 'English for Work' language training with over 60 participants and the 'Wellness Wave' initiative for physical and mental health.

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