Avnet Sustainability Profile
Avnet, Inc., a leading global technology solutions provider, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1921, Avnet has established itself as a key player in the electronics distribution industry, specialising in electronic components, enterprise computing, and embedded systems. The company offers a diverse range of products and services, including supply chain management, design services, and technology solutions that cater to various sectors such as automotive, industrial, and healthcare. Avnet's unique approach combines deep industry expertise with innovative technologies, enabling customers to accelerate their product development cycles. With a strong market position, Avnet has received numerous accolades for its commitment to quality and customer service, solidifying its reputation as a trusted partner in the technology landscape.
DitchCarbon Score
How does Avnet'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 Computer 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
Avnet's score of 65 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avnet's reported carbon emissions
In 2024, Avnet reported total carbon emissions of approximately 5,089,725,000 kg CO2e across all scopes. This includes 8,204,000 kg CO2e from Scope 1, 17,729,000 kg CO2e from market-based Scope 2, and a significant 5,089,725,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2025, using 2019 as the baseline. This commitment reflects their ongoing efforts to enhance sustainability while managing business growth. Avnet's Scope 3 emissions, which encompass indirect emissions from the supply chain and other activities, are particularly noteworthy, with about 4,972,954,000 kg CO2e attributed to purchased goods and services alone. Additionally, the company aims to achieve a 20% reduction in Scope 3 business travel emissions by 2025, also relative to 2019 levels. The company is committed to reaching net zero emissions by 2050, collaborating on common approaches to reduce greenhouse gas emissions across the semiconductor industry. Avnet's climate initiatives are not cascaded from a parent company, indicating a direct responsibility for their emissions data and reduction targets.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,843,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 54,101,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Avnet's Industry?
How Carbon Intensive is Avnet's Location?
Avnet's Scope 3 Categories Breakdown
Avnet's Scope 3 emissions, which increased by 0% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Avnet'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.
Avnet 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.
