Avnet
Avnet, Inc., a leading player in the Other Electronic Parts and Equipment Merchant Wholesalers industry, is headquartered in the United States. Founded in 1921, Avnet has established itself as a key distributor of electronic components and embedded solutions, serving a diverse range of sectors including automotive, industrial, and telecommunications.
With a strong operational presence across North America, Europe, and Asia, Avnet offers a comprehensive portfolio of products and services, including semiconductors, interconnects, and embedded systems. What sets Avnet apart is its commitment to innovation and customer-centric solutions, enabling businesses to accelerate their product development cycles.
Recognised for its market leadership, Avnet has achieved significant milestones, including strategic acquisitions that enhance its capabilities and expand its global reach. As a trusted partner in the electronics supply chain, Avnet continues to drive technological advancements and support the evolving needs of its customers.
+52 vs industry average
Avnet’s score of 66 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Electronic Parts and Equipment Merchant Wholesalers is among the least carbon-intensive industries
Industry performance
The Other Electronic Parts and Equipment Merchant Wholesalers industry's emissions trend from 2019 to 2025
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Avnet's reported carbon emissions
Avnet, headquartered in the US and operating in the Other Electronic Parts and Equipment Merchant Wholesalers industry, has disclosed significant carbon emissions data. For the reporting year 2025, Avnet reported total emissions of approximately 4.95 billion kg CO2e. This total comprises Scope 1 emissions of about 5.83 million kg CO2e, Scope 2 emissions (market-based) of approximately 17.12 million kg CO2e, and substantial Scope 3 emissions amounting to about 4.93 billion kg CO2e. Purchased goods and services represent the largest portion of Scope 3 emissions, totalling roughly 4.86 billion kg CO2e.
In terms of climate commitments, Avnet is working towards reducing its environmental impact. The company has set a near-term target to achieve a 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions by the calendar year 2025, using a fiscal year 2019 baseline. They also aim for a 20% reduction in Scope 3 business travel emissions by the same timeframe, from a calendar year 2019 baseline. Beyond these near-term goals, Avnet has set a long-term objective to reach net zero by 2050.
For the reporting year 2024, Avnet's total emissions were approximately 5.12 billion kg CO2e, with Scope 1 at about 8.20 million kg CO2e, Scope 2 (market-based) at approximately 17.73 million kg CO2e, and Scope 3 at about 5.09 billion kg CO2e. The year 2022 saw total emissions of approximately 5.54 billion kg CO2e, including Scope 1 at around 8.22 million kg CO2e, Scope 2 (market-based) at about 19.79 million kg CO2e, and Scope 3 at approximately 5.51 billion kg CO2e. Earlier data shows total emissions for 2021 at approximately 5.28 billion kg CO2e (Scope 1 and 2 market-based total of 30.79 million kg CO2e, with Scope 3 at 49.71 million kg CO2e). In 2020, the company's Scope 1 and 2 (market-based) emissions totalled about 31.66 million kg CO2e, and Scope 3 emissions were approximately 43.86 million kg CO2e. For 2019, Scope 1 and 2 (market-based) emissions were approximately 47.35 million kg CO2e. Prior to 2020, detailed Scope 3 data was not disclosed.
Avnet's emissions data is not cascaded from a parent organisation.
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Avnet’s Climate Goals (2030 & 2050)
4 goals2025
50% reduction in Scope 2
Reduce Scope 1 & Scope 2 (market-based) GHG emissions by 50% from FY19 base by FY25 Reduce Scope 3 business travel emissions by 20% from CY…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Avnet
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