Fabrinet Publishes 2024 Corporate Responsibility Report
25 Février 2025 - 10:15PM
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
Toomajanianir@fabrinet.com
Fabrinet (NYSE:FN)
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