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.
Ethics and compliance make up the foundation of our governance structure, which is intended to ensure that we do business and act with integrity toward our customers, suppliers, shareholders, communities, regulators and within our organization.
We believe that the effectiveness of our governance framework is largely a function of the highly qualified, experienced and diverse Board of Directors (Board) and Avnet leadership teams (ALT), which are focused on driving Avnet’s long-term success.
Avnet’s Board and the ALT promote an ethical culture and have set an expectation of compliance, with integrity as our number one core value. Our governance structure supports the coordination of environmental and social efforts across all areas of our business to advance our long-term operational and financial success.
- Corporate Governance Committee: It monitors the effectiveness of our sustainability program and initiatives, offers advice and counsel to management, and makes recommendations to the Board.
- Compensation and leadership Development Committee: It oversees our corporate compensation structure, including risks related to our compensation structure, policies, and programs related to talent, leadership and culture, and inclusion.
- Technology & Risk Committee: It oversees the company’s policies and processes related to enterprise risk management and resiliency.
- Sustainability Governance Council: It assists the larger Avnet Leadership Team (ALT) in setting and implementing sustainability and sustainability-related strategies, monitoring sustainability topics, implementing sustainability policies, and reviewing and approving the corporate sustainability report and other disclosures.
- EMEA Sustainability & Compliance Council: It consists of executive leadership from departments related to environmental, social and governance matters.
- Global Inclusion Council: It connects inclusion initiatives to Avnet’s broader strategy.
Ethics Alertline
Whistleblowing line available 24/7 to employees, vendors, suppliers, customers and any third parties worldwide to report compliance and ethics-related concerns
Learn MorePlease read the EU/EEA Data Privacy Notice – Ethics Alertline:
open documentSustainability Policies
Learn more about our Code of Conduct, Human Rights and other governance or social related policies.
Learn MoreUK Tax Strategy
This strategy applies to Avnet and all UK entities in its UK group. It comprises five key components.
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Avnet’s Ethics and Compliance (E&C) Program is designed to prevent, detect and respond to legal and compliance risk and misconduct, and we continually evaluate ways to refresh, refine and reinforce our approach. Among other things, the E&C Program includes the following core elements:
- Written standards of conduct, policies and procedures
- A compliance officer and compliance committee(s)
- Training and education
- Communication and awareness
- Internal monitoring and auditing
- Confidential reporting options, including the Ethics Alertline
- Prompt investigations and corrective actions.