Memec Group Holdings Limited Sustainability Profile
Memec Group Holdings Limited, often referred to simply as Memec, is a prominent player in the technology distribution sector, headquartered in Great Britain. Founded in the early 2000s, the company has established itself as a key distributor of electronic components and solutions across Europe and beyond. Specialising in the distribution of semiconductors, passive components, and interconnect solutions, Memec stands out for its commitment to quality and customer service. The company has achieved significant milestones, including strategic partnerships with leading manufacturers, which enhance its market position. With a focus on innovation and a diverse product portfolio, Memec Group Holdings Limited continues to drive growth in the technology industry, catering to a wide range of sectors including automotive, industrial, and telecommunications. Its reputation for reliability and expertise solidifies its status as a trusted partner in the electronic components market.
DitchCarbon Score
How does Memec Group Holdings Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Memec Group Holdings Limited's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Memec Group Holdings Limited's reported carbon emissions
Memec Group Holdings Limited, headquartered in Great Britain, has reported its carbon emissions data for the years 2018 and 2019. In both years, the company disclosed a Scope 2 emissions intensity of approximately 0.00001 tonnes CO2e per £1,000 of turnover. However, specific absolute emissions figures for Scope 1, Scope 2, and Scope 3 are not available, indicating a lack of comprehensive emissions reporting. As of now, Memec Group Holdings has not set any formal reduction targets or climate pledges, nor are there any initiatives reported under the Science Based Targets initiative (SBTi). The company is a current subsidiary of Avnet, Inc., which may influence its climate strategy and reporting practices. Overall, while Memec Group Holdings Limited has some emissions data related to its operations, it lacks detailed disclosures and specific reduction commitments, reflecting a broader trend in the industry where many companies are still developing their climate strategies.
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Memec Group Holdings Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Memec Group Holdings Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
