Our sustainability approach
Avnet, as a leading global technology distributor and solution provider, understands and accepts the challenge of becoming a more sustainable company. Guided by our ethics and values, our global workforce of more than 15,800 dedicated individuals strives for a more conscious future where advanced technology and sustainability meet.
Our passion to bring always the newest technology, enable us to support our customers and suppliers from end to end and provide them with the best solution. We strive to do the right thing and remain accountable to our stakeholders by:
- Promoting environmental protection
- Embracing social responsibility and inclusiveness
- Applying corporate governance in all our interactions
Environmental Stewardship
We are committed to minimizing the environmental impact of our operations and promoting positive environmental practices within our value chain.
Environmental Stewardship
- „Avnet Environmental Standard“ for facilities not certified to ISO 14001.
- Conducted a qualitative climate-scenario analysis to inform our approach to climate change management.
- Increased ISO 14001 certification to cover 65% of total operational sites.
- Reducing Scope 1 & 2 greenhouse gas (GHG) emissions by approximately 45% from baseline level.
- Expanded Scope 3 GHG emissions reporting to five additional categories.
Our People & Culture
We foster a culture that emphasizes inclusion; reinforces our core values; gives back to our communities; and creates a high-performing workplace where people are treated with dignity and respect.
Our people & Culture
- Saw record participation levels for employee engagement survey
- Added three new employee resource groups (ERGs), bringing the total of eight.
- Completed launch of global mentoring program in all three regions.
- Maintained ISO 45001 certification at 31% of total operational sites.
- Donated over $758.000 to support local communities.
Governance & Ethics
We are committed to upholding fairness and equity in our governance processes and to conducting business with the highest ethical standards and in compliance with the law.
Governance & Ethics
- Conducted annual 2023 Compliance Training Campaign with 99,2% global completion rate.
- Introduce the Manager‘s Ethics and Compliance Toolkit.
- Continued the employee recognition program, Ethics-in-Action Award, for the second year.
Compliance & Certification
We responsibly advance sustainability principles throughout Avnet’s value chain.
Compliance & Certification
- Established a risk management system to identify, prevent, mitigate and strive to end the risks of human rights violations and damage to the environment
- Refined processes for assessing supplier risks on human rights violation and damage to the environment.
- Established a human rights delegate in EMEA to ensure operational implementation in the form of monitoring.
FY24 Sustainability Report
Learn more about Avnet’s environmental, social and economic impact as well as our governance related to performance, risks and opportunities.
DownloadTrue to Our Core
Learn more about the values that drive our global business and our people forward every day
Learn MoreSustainability Ratings
Learn more about the latest sustainability ratings obtained by Avnet
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