Environmental Stewardship

¹Collected energy data represents an estimated 100% (FY24), 88% (CY22) and 87% (CY21) of Avnet’s square footage, excluding land. For CY21-CY22, extrapolated energy data is estimated to 100% of Avnet’s square footage. Scope 1 = On-site generation of energy owned/controlled by Avnet (generation of on-site combustion of heat or electricity examples: solar, natural gas, fuel oil and corporate fleet). Scope 2 = Purchase of off-site generation of electricity, heating, cooling and steam consumed by Avnet facilities. It may contain a mix of both green and non-green energy. Facilities in Austria, Belgium, Germany, Poland, Romania, Switzerland and the U.K. use green electricity products (e.g., green tariffs) supported by energy attribute certificates and invoices.

Avnet follows the GHG Protocol Corporate Accounting and Reporting Standard framework when measuring emissions. GHG data has not been verified by an external third party. For more information on Avnet’s GHG emissions methodology and how it determines accuracy, please see our FY24 Sustainability Report section on Energy management and addressing climate change. mtCO2e stands for metric tons of carbon dioxide equivalent.

Avnet follows the GHG Protocol Corporate Accounting and Reporting Standard framework when measuring emissions. GHG data has not been verified by an external third party. For more information on Avnet’s GHG emissions methodology and how it determines accuracy, please see our FY24 Sustainability Report section on Energy management and addressing climate change. mtCO2e stands for metric tons of carbon dioxide equivalent.

⁶ Scope 1 emissions -- Includes sources of direct emissions owned or controlled by Avnet (generation of on-site combustion of heat or electricity examples: solar, natural gas, fuel oil and corporate fleet). Collected emissions data represents an estimated 100% (FY24), 88% (CY22) and 87% (CY21) of Avnet’s square footage, excluding land. For CY21-CY22, extrapolated data is estimated to 100% of Avnet’s square footage. Sources for emissions factors and calculations include EPA GHG Guidance: Direct Emissions From Stationary Sources and EPA GHG Inventory Guidance: Direct Emissions From Mobile Combustion Source, DEFRA Environmental Reporting Guidelines, and IEA CO2 Emissions From Fuel Combustion. Corporate fleet data was sourced from EMEA fleet and fuel emissions averages. For additional details regarding emissions factor sources, see our 2024 CDP report.

⁷ Scope 2 emissions -- Includes indirect emissions from purchased off-site generation of electricity, heating, cooling and steam consumed by Avnet facilities. Collected emissions data represents an estimated 100% (FY24), 88% (CY22) and 87% (CY21) of Avnet’s square footage, excluding land. For CY21-CY22, extrapolated data is estimated to 100% of Avnet’s square footage. Sources for emissions factors and calculations include EPA GHG Guidance: Indirect Emissions From Purchased Electricity, DEFRA Environmental Reporting Guidelines, the U.S. EPA Emissions & Generation Resource Integrated Database (eGRID) and IEA Emissions Factors. For additional details regarding emissions factor sources, see our 2024 CDP report.

⁸ Scope 3: Category 11: Use of sold products, Category 14: Franchises, and Category 15: Investments were deemed not relevant to Avnet’s operations. Category 8: Upstream leased assets – all leased assets that directly consume fuels or electricity are included in Scope 1 and Scope 2 inventory, excluding land.

⁹ Scope 3: Category 1: Purchased goods and services & Category 2: Capital goods -- Emissions for purchased goods and services were calculated with a hybrid methodology including both supplier-specific emission factor data and the spend-based method. The spend-based method was applied using Environmentally Extended Economic Input Output (EEIO) lifecycle analysis (LCA) emissions factors from the U.S. EPA. Avnet’s total direct and indirect spend was leveraged to account for all purchased goods and services in Category 1. Cash flows from investing activities/property, plant and equipment noted in Avnet’s 2024 10-K were leveraged to account for all capital goods in Category 2. Where available supplier-specific emission factors were leveraged from CDP Climate Questionnaires.

¹⁰ Scope 3: Category 3: Fuel- and Energy-Related Activities (not included in Scope 1 or Scope 2) -- Emissions calculated using well-to-tank and transmission and distribution emissions (FY24). Emissions calculated using standard average data method of 25% of Scope 1 emissions + 20% of Scope 2 emissions (CY21-CY22).

¹¹ Scope 3: Category 4: Upstream transportation and distribution -- Emissions data sourced from carrier invoicing data provided by Data2Logistics. CO2 emissions were calculated based on DEFRA averages using mode, weight, distance and distance range (long haul, short haul, etc.) to determine the spent carbon. Data includes Avnet: AMER & EMEA and Farnell: AMER. Data does not include Avnet: APAC or Farnell: APAC and EMEA. Emissions are calculated for transportation and distribution logistics for carriers within Avnet’s control. For additional details regarding emissions sources, see our 2024 CDP report.

¹² Scope 3: Category 5: Waste Generated in Operations -- Waste-type-specific emissions are calculated from waste generated during operations. 13 Scope 3: Category 7: Employee Commuting -- Commuter data was requested from Maricopa County Air Quality Department’s Travel Reduction Program survey. The survey included data from Avnet’s largest three Phoenix-based locations: the 47th Street headquarters and the Morelos and McKemy facilities. Emissions were calculated using the GHG Protocol’s distance-based methodology, including mode of transportation and weekly miles traveled. Commuter data was then extrapolated to account for 100% of Avnet’s FY24 total head count, excluding the total number of corporate fleet vehicles.

¹⁴ Scope 3: Category 9: Downstream transportation and distribution -- Emissions data sourced from carrier invoicing data provided by Data2Logistics. CO2 emissions were calculated based on DEFRA averages using mode, weight, distance and distance range (long haul, short haul, etc.) to determine the spent carbon. Data includes Avnet: AMER & EMEA and Farnell: AMER. Data does not include Avnet: APAC or Farnell: APAC and EMEA. Emissions are calculated for transportation and distribution logistics for carriers within Avnet’s control. For additional details regarding emissions sources, see our 2024 CDP report.

15 Scope 3: Category 10: Processing of sold products & Category 12: End-of-life treatment of sold products -- Avnet prioritized estimating emissions from the semiconductor products we sell since this represented a significant majority of Avnet sales. Calculations for the processing of sold goods (Category 10) and end-of-life treatment of sold goods (Category 12) were made based on the total quantity of semiconductors sold and extrapolated based on the percentage of total sales to reflect Avnet’s full operations. Assumptions of the energy consumption of a “pick and place” machine from literature and life cycle assessment (LCA) values were used to estimate processing emissions. To estimate emissions from the end-of-life treatment of sold products, the total mass of sold semiconductors was estimated leveraging LCA data. Average electronic recycling rates and emission factors from the U.S. EPA were used to estimate emissions from disposal at the end of their life.

16 Scope 3: Category 13: Downstream leased assets -- Emissions from electricity, natural gas, and refrigerants used for AC were estimated based on the geographic location, building use, and square footage of the leased space. For electricity and natural gas intensity factors, sources varied by geography but were all derived from national government agencies (i.e. CBECS in the United States). For AC/refrigerant intensity factors, a common intensity factor was used across all locations based on square footage derived from methodologies detailed by the US EPA and IPCC.