Jabil Cuts Greenhouse Gas Emissions by Nearly 50%, Releases 2024 Sustainability Report

Jabil Cuts Greenhouse Gas Emissions by Nearly 50%, Releases 2024 Sustainability Report

Jabil Inc.has released its Fiscal Year 2024 Sustainability Progress Report, showcasing the company’s advancements toward achieving its five-year sustainability goals. This latest report details Jabil’s substantial progress in cutting greenhouse gas emissions, increasing landfill waste diversion, and contributing to community initiatives, reinforcing its commitment to corporate responsibility and environmental stewardship.

“As we navigate an era defined by complex global challenges, I am proud to reflect on the bold action and meaningful collaborations that have reinforced Jabil’s commitment to ‘doing the right thing in the right way’ for our customers, employees, and the communities where we operate,” said CEO Mike Dastoor. “Jabil’s comprehensive sustainability strategy positions us to address these challenges head-on by establishing guiding principles that inform our decisions and drive us toward a sustainable future for generations to come.”

Key Sustainability Achievements in Fiscal Year 2024:
  • Greenhouse Gas Emissions Reduction: Jabil has successfully reduced its enterprise-wide greenhouse gas (GHG) emissions by 46% compared to the fiscal year 2019 baseline. This progress was achieved through significant commitments to renewable energy adoption and energy-efficient technologies. By the close of fiscal year 2023, the company had already surpassed a 29% reduction target—two years ahead of schedule—paving the way to exceed its ultimate 50% reduction goal by 2030.
  • Scope 3 Emissions Accounting Expansion: Jabil expanded its inventory of Scope 3 indirect GHG emissions, furthering its understanding of the company’s complete carbon footprint. This step enhances Jabil’s ability to implement targeted carbon reduction strategies across its supply chain.
  • Landfill Waste Diversion Progress: The company made notable headway in its landfill waste diversion goals, with 10% of its applicable sites now achieving 90% or more waste diversion from landfills. This marks a significant milestone, positioning Jabil halfway toward meeting its five-year waste management target.
  • Industry Collaboration for Circularity: Jabil joined the Circular Electronics Partnership (CEP), a global initiative dedicated to advancing a circular economy in electronics. Through this collaboration, the company is working with other industry leaders to develop sustainable solutions for electronic waste management and materials reuse.
  • Acquisition of Mikros Technologies: In an effort to drive energy efficiency, Jabil acquired Mikros Technologies, a leader in advanced liquid cooling solutions for thermal management. This acquisition aligns with Jabil’s long-term strategy to develop and integrate more energy-efficient cooling systems into electronic and industrial applications.
  • Community Engagement: In addition to its environmental initiatives, Jabil remains committed to corporate social responsibility. Employees collectively completed over 589,000 volunteer hours in local communities during the calendar year 2024, significantly surpassing the company’s goal of 500,000 hours.
Meeting Regulatory and Industry Sustainability Standards

Jabil recognizes the growing importance of sustainability compliance, especially as new regulations emerge. The European Union’s Corporate Sustainability Reporting Directive (CSRD) and evolving state-level policies in the U.S. place an even greater emphasis on corporate environmental and social responsibility. As a result, Jabil is committed to aligning its sustainability efforts with global regulatory standards while also supporting its customers in meeting their own sustainability objectives.

Jabil

“At Thermo Fisher, our ambition to achieve net zero emissions by 2050 is firmly rooted in our mission to enable our customers to make the world healthier, cleaner, and safer. Collaborating with suppliers like Jabil accelerates our collective progress on this journey and plays a vital role in advancing our shared goal for a healthier planet,” said Alyssa Caddle, Director of Sustainability at Thermo Fisher Scientific.

“Ocado’s sustainability goals are arranged around 4Cs—climate, circularity, conduct, and community—with a commitment to net zero in our entire value chain (Scopes 1, 2, and 3) by 2040. Jabil has been a key strategic partner supporting our Scope 3 decarbonization path. Their advancements in sustainability and expertise in the circular economy are significantly augmenting our sustainability initiatives, and we look forward to continuing to work with Jabil to deliver our commitments to responsible sourcing,” said Julia Rowe, Sustainability Director at Ocado.

Driving Innovation Through Sustainability

Beyond regulatory compliance and industry partnerships, Jabil is integrating sustainability into its core business strategy. The company continues to explore and implement innovative solutions to drive resource efficiency and operational excellence across its global operations.

One of the most pressing challenges for manufacturers today is balancing growth with environmental responsibility. Jabil has been proactive in leveraging data-driven strategies to optimize energy consumption, water use, and raw material efficiency. As part of this effort, the company has invested in renewable energy projects, expanded on-site solar and wind power generation, and implemented energy-efficient lighting and heating systems across its facilities.

Additionally, Jabil is strengthening its supplier engagement initiatives, encouraging vendors to adopt more sustainable practices and align with the company’s long-term climate commitments. This collaborative approach extends to customers, many of whom rely on’s expertise to reduce their own environmental impact.

The Future of Sustainable Manufacturing at Jabil

Looking ahead, Jabil is focused on continuing its momentum in key sustainability areas. The company’s long-term goals include:

  • Achieving Net Zero Emissions: Jabil is working toward carbon neutrality across its operations by further expanding renewable energy use, increasing energy efficiency, and exploring carbon offset programs where necessary.
  • Enhancing Circular Economy Practices: By developing new materials recovery and recycling initiatives, aims to minimize electronic waste and improve product lifecycle sustainability.
  • Advancing Water Conservation Efforts: The company is implementing water efficiency measures to reduce consumption and improve wastewater treatment in manufacturing processes.
  • Expanding Social Responsibility Programs: remains dedicated to strengthening its community engagement programs, increasing volunteer participation, and supporting education and workforce development initiatives in underserved areas.
Aligning with Global Sustainability Frameworks

Jabil’s sustainability initiatives are guided by internationally recognized frameworks, ensuring transparency and accountability in its environmental, social, and governance (ESG) reporting. The company’s annual sustainability report aligns with:

  • Global Reporting Initiative (GRI): Providing standardized disclosures on sustainability performance.
  • Sustainability Accounting Standards Board (SASB): Delivering industry-specific ESG insights for investors and stakeholders.
  • Task Force on Climate-Related Financial Disclosures (TCFD): Enhancing climate-related risk assessment and mitigation strategies.
Navigating the Evolving Sustainability Landscape

“The rapidly changing legal and regulatory landscape is driving businesses to reassess what and how to report on sustainability matters. While this presents new challenges in collecting and communicating sustainability data, we recognize the opportunities it creates for integrated sustainability initiatives, backed by data-driven strategies, which encourage operational efficiency and innovation,” said Thomas Cetta,s SVP and Chief Compliance Officer. “For global markets, these developments highlight the importance of consistent practices across regions, enabling companies to not only adapt to compliance requirements but also contribute to meaningful environmental and social progress.”

As Jabil continues to evolve its sustainability strategy, the company remains committed to responsible business practices that align with global sustainability goals while delivering value to stakeholders.

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