Plexus Joins the United Nations Global Compact
15 Diciembre 2023 - 7:30AM
Plexus Corp. (NASDAQ: PLXS) announced today that it has joined the
United Nations (UN) Global Compact, a voluntary leadership platform
for the development, implementation and disclosure of socially
responsible business practices. The UN Global Compact is a call to
companies to align operations and strategies with ten universally
accepted principles in the areas of human rights, labor,
environment and anti-corruption, and to take action in support of
the goals and issues embodied in the UN Sustainable Development
Goals.
Todd Kelsey, Chief Executive Officer, commented,
“Joining the UN Global Compact is representative of our unwavering
commitment to our vision of building a better world through
sustainable and responsible business practices. As we advance the
positive impact we can have for our team members, customers and the
communities where we operate, we are thrilled to join this global
movement of sustainable companies and stakeholders.”
Launched in 2000, the UN Global Compact is the
largest global corporate sustainability initiative, with more than
15,000 participating companies and 3,000 non-business signatories
based in over 160 countries, and more than 70 local networks.
To learn more about Plexus’ sustainable and
responsible business practices and progress please visit Plexus'
Sustainability web page.
Investor and Media Contact
Shawn
Harrison+1.920.969.6325shawn.harrison@plexus.com
About PlexusSince 1979, Plexus
has been partnering with companies to create the products that
build a better world. We are a team of nearly 25,000 individuals
who are dedicated to providing Design and Development, Supply Chain
Solutions, New Product Introduction, Manufacturing and Sustaining
Services. Plexus is a global leader that specializes in serving
customers in industries with highly complex products and demanding
regulatory environments. Plexus delivers customer service
excellence to leading companies by providing innovative,
comprehensive solutions throughout a product’s lifecycle. For more
information about Plexus, visit our website at
www.plexus.com.
Safe Harbor and Fair Disclosure
Statement The statements contained in this press release
that are guidance or which are not historical facts (such as
statements in the future tense and statements including believe,
expect, intend, plan, anticipate, goal, target and similar terms
and concepts), including all discussions of periods which are not
yet completed, are forward-looking statements that involve risks
and uncertainties. These risks and uncertainties include the effect
of inflationary pressures on our costs of production,
profitability, and on the economic outlook of our markets; the
effects of shortages and delays in obtaining components as a result
of economic cycles, natural disasters or otherwise; the risk of
customer delays, changes, cancellations or forecast inaccuracies in
both ongoing and new programs; the ability to realize anticipated
savings from restructuring or similar actions, as well as the
adequacy of related charges as compared to actual expenses; the
lack of visibility of future orders, particularly in view of
changing economic conditions; the economic performance of the
industries, sectors and customers we serve; the outcome of
litigation and regulatory investigations and proceedings, including
the results of any challenges with regard to such outcomes; the
effects of tariffs, trade disputes, trade agreements and other
trade protection measures; the effects of the volume of revenue
from certain sectors or programs on our margins in particular
periods; our ability to secure new customers, maintain our current
customer base and deliver product on a timely basis; the risks of
concentration of work for certain customers; the particular risks
relative to new or recent customers, programs or services, which
risks include customer and other delays, start-up costs, potential
inability to execute, the establishment of appropriate terms of
agreements, and the lack of a track record of order volume and
timing; the effects of start-up costs of new programs and
facilities or the costs associated with the closure or
consolidation of facilities; possible unexpected costs and
operating disruption in transitioning programs, including
transitions between Company facilities; the risk that new program
wins and/or customer demand may not result in the expected revenue
or profitability; the fact that customer orders may not lead to
long-term relationships; our ability to manage successfully and
execute a complex business model characterized by high product mix
and demanding quality, regulatory, and other requirements; the
risks associated with excess and obsolete inventory, including the
risk that inventory purchased on behalf of our customers may not be
consumed or otherwise paid for by the customer, resulting in an
inventory write-off; risks related to information technology
systems and data security; increasing regulatory and compliance
requirements; any tax law changes and related foreign jurisdiction
tax developments; current or potential future barriers to the
repatriation of funds that are currently held outside of the United
States as a result of actions taken by other countries or
otherwise; the potential effects of jurisdictional results on our
taxes, tax rates, and our ability to use deferred tax assets and
net operating losses; the weakness of areas of the global economy;
the effect of changes in the pricing and margins of products; raw
materials and component cost fluctuations; the potential effect of
fluctuations in the value of the currencies in which we transact
business; the effects of changes in economic conditions, political
conditions and tax matters in the United States and in the other
countries in which we do business; the potential effect of other
world or local events or other events outside our control (such as
the conflict between Russia and Ukraine, conflict in the Middle
East, escalating tensions between China and Taiwan or China and the
United States, changes in energy prices, terrorism, global health
epidemics and weather events); the impact of increased competition;
an inability to successfully manage human capital; changes in
financial accounting standards; and other risks detailed herein and
in our other Securities and Exchange Commission filings,
particularly in Risk Factors contained in our fiscal 2023 Form
10-K.
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