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Avnet Inc
Avnet's GHG Emissions Data Preview
In 2024, Avnet completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Avnet has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Avnet’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Avnet’s data sources below and access millions more through our Disclosure Search.
Insights into Avnet's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofAvnet amounted to32,143metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Avnetdecreased by 4.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Avnet's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Avnet's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Avnet were 8,204 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Avnet reduced its Scope 1 emissions over time?
Since 2019, Avnet's Scope 1 emissions have increased by 131.1%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2022), Avnet's Scope 1 emissions remained relatively stable, indicating that Avnet's emissions have plateaued with no significant change in its operational footprint.a
What are Avnet's Scope 2 emissions?
In 2024, Avnet reported Scope 2 greenhouse gas (GHG) emissions of 17,729 tCOâ‚‚e using the market-based method and 23,939 tCOâ‚‚e using the location-based method.a
Has Avnet reduced its Scope 2 emissions over time?
Since 2019, Avnet's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 49.21%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2022), Avnet's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Avnet's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Avnet use for Scope 2 reporting?
In 2024, Avnet reported its Scope 2 emissions using the market-based method and using the location-based method.a
Avnet's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Avnet's Value Chain Emissions
In 2024, Avnet reported 5,089,725 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Avnet includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Avnet's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Avnet's Scope 3 emissions?
In 2024, Avnet reported total Scope 3 emissions of 5,089,725 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.53%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.47%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Avnet's Scope 3 emissions remained relatively stable, indicating that Avnet's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Avnet disclose?
In 2024, Avnet reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Avnet's Scope 3 emissions?
In 2024, the largest contributors to Avnet's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 4,972,954 tCOâ‚‚e(97.71%)
- Capital Goods (Cat. 2): 33,768 tCOâ‚‚e(0.66%)
- End-of-Life Treatment of Sold Products (Cat. 12): 22,283 tCOâ‚‚e(0.44%)
Avnet's Scope 3 Emissions by Categories
Insights into Avnet’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Avnet reported Scope 1 greenhouse gas (GHG) emissions of 8,204 tCOâ‚‚e and total revenues of USD 23,759 millions. This translates into an emissions intensity of 0.35 tCOâ‚‚e per millions USD.a
Avnet's Scope 1 Emissions Intensity Compared to Peers
How does Avnet's GHG emissions intensity compare to its peers?
In 2024, Avnet reported a Scope 1 emissions intensity of 0.35 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Avnet rank on GHG emissions intensity within its industry?
In 2024, Avnet ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Avnet is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Avnet's Total Carbon Footprint
In 2024, Avnet reported a total carbon footprint of 5,121,868 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.68% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Avnet's total carbon footprint was Scope 3 emissions, accounting for 99.37% of the company's total carbon footprint, followed by Scope 2 emissions at 0.47%.a