Avnet

2211 South 47th Street, Phoenix, AZ 85034

3

BPI
Financial Rating

4

BPI Stakeholder Rating

5

BPI Social Responsibility Rating

Avnet guides today’s ideas into tomorrow’s technology. We design and manufacture for start-ups – the technology dreamers poised to be the next big thing. And we supply and deliver for the contract manufacturers and OEMs who need to stock shelves around the globe. Our culture was founded on new ideas and emerging technology. 15,000 people strong in 125 countries across North America, Europe and Asia. Our engineers are on the front lines of innovation, supported by sales, supply-chain, design-chain and service teams with deep expertise – making Avnet the go-to guide for innovators who set the pace for technological change. Wherever you are in the technology product lifecycle, collaborating with Avnet can help you reach further. Explore the possibilities at www.avnet.com. Mission: We guide today’s ideas into tomorrow’s technology.

4

Overall Excellence Rating

Industry

Wholesale

Category

Consumer Electronics & Appliances Stores

ESG/Ethical Impact

Avnet’s environmental impact stems from its operations in the technology distribution and solutions industry. The company’s activities involve supply chain logistics, energy consumption in distribution centers, and electronic waste generated from obsolete or damaged components. Avnet’s efforts to mitigate its environmental impact may include optimizing logistics for efficiency, reducing energy consumption, and implementing responsible disposal practices for electronic waste. By incorporating sustainable practices into its operations, Avnet can work towards reducing its carbon footprint, minimizing electronic waste, and contributing to a more environmentally responsible technology sector. Avnet’s social impact extends to its relationships with employees, customers, suppliers, and the communities where it operates. The company’s commitment to employee well-being, diversity and inclusion, and ethical sourcing can shape its reputation as a responsible corporate citizen. Avnet’s interactions with customers and partners, as well as its engagement in social initiatives, can contribute to building positive relationships and enhancing its social standing. Avnet’s governance impact pertains to its internal policies, ethical standards, and leadership accountability. Transparent decision-making, compliance with regulations, and ethical behavior are fundamental aspects of the company’s governance efforts. A strong governance framework enhances stakeholder trust and helps mitigate risks associated with ethical breaches and regulatory non-compliance. The financial impact of Avnet’s sustainability initiatives can be significant. While initial investments might be required to implement sustainable practices such as energy-efficient technologies and responsible sourcing, these efforts can lead to cost savings over time through improved operational efficiency and reduced waste disposal expenses. Additionally, a strong commitment to sustainability can attract environmentally and socially conscious customers, potentially translating into increased sales and business growth.

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Awards Received

2023

Revenues

$24,300,000,000.00

Website Traffic

Employee Rating

4.1

Customer Rating

3.8

Company Size

10000+

ESG Risk Rating

5

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