Avnet, Inc. released its FY24 sustainability report on January 9, 2025, detailing the company's environmental, social, and governance (ESG) initiatives. The report outlines Avnet's commitment to responsible business practices and accountability to its stakeholders.
The report was prepared in accordance with Global Reporting Initiative (GRI) standards and is indexed to Sustainability Accounting Standards Board (SASB) industry-specific standards and the United Nations Sustainable Development Goals (UN SDG) frameworks. It also includes expanded Task Force on Climate-Related Financial Disclosures (TCFD) with qualitative climate scenarios and Scope 3 assessment results.
This comprehensive report highlights Avnet's ongoing improvements in global sustainability efforts, focusing on creating sustainable operations and enabling technology solutions that improve lives. The transparency in reporting ESG metrics can enhance investor confidence and align with growing market demand for sustainable investments.
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