Environmental Sustainability

EMEA_Environmental Policy LC

Our commitment to the environment is growing

At Avnet, we acknowledge the importance of measuring and mitigating our impact on the environment. As a large multinational corporation supporting the world’s top technology companies, we have a responsibility and an opportunity to influence the future of our planet and society for the better. As we reflect on our long and proud history, we’re charting a decisive path forward and committing to building a sustainable future for our company and all our stakeholders.

The technology we help our partners create enables many possibilities that make the world smarter and safer, but for us, protecting our planet’s environment has to come first. Sustainability is a big part of the “what” we’re reaching for each and every day.

Because we operate in so many countries across oceans and continents, it is of utmost importance that we pay careful attention to managing our carbon footprint and our impact on every community where we do business. That means holding ourselves – and our partners – to the highest standards. We encourage manufacturers to make environmental information available on their websites and partner closely with suppliers to provide customers with all the proper information/declarations available from related manufacturers.

EMEA Envir Sust report 24 (RRCD)

FY24 Sustainability Report

Download

EMEA - Environmental Sustainability - Body

A smaller footprint is our best foot forward

When we conducted a comprehensive environmental, social and governance (ESG) and sustainability materiality assessment in 2020, our external stakeholders ranked climate as one of the issues most important to them. In addition, waste emerged as a key topic in the electronics industry that’s important to our employees.

Using the results of our materiality assessment to inform our strategy, shape decision-making and refine our disclosures, we’re making progress to reduce Avnet’s environmental impacts. We monitor our energy and direct and indirect emissions at our major facilities with the long-term objective to reduce greenhouse gas emissions and increase energy efficiency throughout our operations. This will eventually include impacts upstream in our supply chain and downstream to our customers. We are currently focused on improving our emissions data and setting more ambitious goals. We aim to perform a complete carbon, water and waste footprint study, developing a strategy to increase renewables and reduce emissions, water and waste.

For more information on our work please see our Global Environmental Policy or our current Sustainability Report.

Environmental recognition

Green Enterprise IT Award, Uptime Institute
Top 12 Green IT Companies, Computerworld
Green 15, InfoWorld
Silver medal in the EcoVadis 2023 Sustainability Rating
Avnet EBV Elektronik awarded Mayor of Munich’s Golden Award for commitment to climate protection.
See all ESG Ratings

EMEA Envir ASR US Teaser (MM)

FY24 Corporate Sustainability Report Highlights

As a leading global distributor and solutions provider, Avnet serves our customers’ evolving needs from our position in the center of the technology value chain. Consequently, Avnet positively impacts our global communities by creating sustainable operations and enabling technology solutions to improve lives. We strive to do the right thing and remain accountable to our key stakeholders by protecting our environment, embracing social responsibility and inclusiveness, and ensuring corporate governance. As Avnet moves forward, we are focused on intensifying our work in this area.

The FY24 report features:

GRI (Global Reporting Initiative), SASB (Sustainability Accounting Standards Board) and UN SDG (United Nations Sustainable Development Goals) frameworks
Increased ISO 14001 and ISO 45001 certification coverage
Expanded TCFD (Task Force on Climate-Related Financial Disclosures) report with qualitative climate scenarios
Published Scope 3 assessment results

Please check the global Avnet ESG Website for more information on ESG Materiality, Environmental Impact, Social Impact, Governance as well as United Nations Sustainable Development Goals (SDGs).

Visit global site