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Avnet Inc

Common Name
Avnet
Country
United States
Sector
Technology
Industry
Electronics & Computer Distribution
Employees
14,869
Ticker
AVT
Exchange
NASDAQ/NGS
Description
Avnet Inc. is a global distributor of electronic components and embedded solutions. Its primary function is to supply a vast array of components including semiconductors, interconnect products, and pa...

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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Avnet’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified 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.

a. Avnet's Sustainability Report 2024
b. Avnet's Sustainability Report 2021

Insights into Avnet's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Avnet amounted to 32,143 metric 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 Avnet decreased 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

2019202020212022202402.5 k5 k7.5 k10 ktCO2e+93%-5%+25%0%
  • 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 CO₂ equivalent (tCO₂e).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 tCO₂e using the market-based method and 23,939 tCO₂e 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

20192020202120222024015 k30 k45 k60 ktCO2e
  • 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 CO₂ equivalent (tCO₂e) 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 11 of 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

202020212022202401.5 M3 M4.5 M6 MtCO2e+13%+10994%-8%
  • 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 CO₂ equivalent (tCO₂e).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 tCO₂e (97.71%)
  • Capital Goods (Cat. 2): 33,768 tCO₂e (0.66%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 22,283 tCO₂e (0.44%)

Avnet's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(97.7%)

Insights into Avnet’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Avnet reported Scope 1 greenhouse gas (GHG) emissions of 8,204 tCO₂e and total revenues of USD 23,759 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD.a

Avnet's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)PLeidos HoldingsYear: 2024Scope 1: 69,612 tCO2eRevenue: $M 16,662Scope 1 Intensity: 4.18 tCO2e/$MCognizant Technology SolutionsYear: 2024Scope 1: 8,639 tCO2eRevenue: $M 19,737Scope 1 Intensity: 0.44 tCO2e/$MWestern DigitalYear: 2024Scope 1: 144,046 tCO2eRevenue: $M 13,003Scope 1 Intensity: 11.08 tCO2e/$MTexas InstrumentsYear: 2024Scope 1: 1,016,000 tCO2eRevenue: $M 15,641Scope 1 Intensity: 64.96 tCO2e/$MRoper TechnologiesYear: 2024Scope 1: 3,745 tCO2eRevenue: $M 7,039Scope 1 Intensity: 0.53 tCO2e/$MArista NetworksYear: 2024Scope 1: 1,345 tCO2eRevenue: $M 7,002Scope 1 Intensity: 0.19 tCO2e/$MCACI InternationalYear: 2023Scope 1: 4,012 tCO2eRevenue: $M 6,703Scope 1 Intensity: 0.60 tCO2e/$MServiceNowYear: 2024Scope 1: 2,884 tCO2eRevenue: $M 10,982Scope 1 Intensity: 0.26 tCO2e/$MSanminaYear: 2021Scope 1: 137,418 tCO2eRevenue: $M 6,738Scope 1 Intensity: 20.39 tCO2e/$MKLAYear: 2024Scope 1: 6,523 tCO2eRevenue: $M 9,812Scope 1 Intensity: 0.66 tCO2e/$MCDWYear: 2023Scope 1: 3,538 tCO2eRevenue: $M 21,378Scope 1 Intensity: 0.17 tCO2e/$MKyndryl HoldingsYear: 2025Scope 1: 37,834 tCO2eRevenue: $M 15,057Scope 1 Intensity: 2.51 tCO2e/$MLam ResearchYear: 2024Scope 1: 91,681 tCO2eRevenue: $M 14,905Scope 1 Intensity: 6.15 tCO2e/$MPPPC ConnectionYear: 2024Scope 1: 1,087 tCO2eRevenue: $M 2,802Scope 1 Intensity: 0.39 tCO2e/$MMotorola SolutionsYear: 2024Scope 1: 14,181 tCO2eRevenue: $M 10,817Scope 1 Intensity: 1.31 tCO2e/$MConcentrixYear: 2023Scope 1: 10,708 tCO2eRevenue: $M 7,115Scope 1 Intensity: 1.51 tCO2e/$MAmphenolYear: 2024Scope 1: 42,271 tCO2eRevenue: $M 15,223Scope 1 Intensity: 2.78 tCO2e/$MAnalog DevicesYear: 2024Scope 1: 99,000 tCO2eRevenue: $M 9,427Scope 1 Intensity: 10.50 tCO2e/$MIntuitYear: 2024Scope 1: 3,800 tCO2eRevenue: $M 16,288Scope 1 Intensity: 0.23 tCO2e/$MArrow ElectronicsYear: 2024Scope 1: 7,998 tCO2eRevenue: $M 27,926Scope 1 Intensity: 0.29 tCO2e/$MWorkdayYear: 2024Scope 1: 2,752 tCO2eRevenue: $M 8,447Scope 1 Intensity: 0.33 tCO2e/$MMarvell TechnologyYear: 2024Scope 1: 4,161 tCO2eRevenue: $M 5,767Scope 1 Intensity: 0.72 tCO2e/$MPalo Alto NetworksYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 8,027Scope 1 Intensity: 0.22 tCO2e/$MAutomatic Data ProcessingYear: 2024Scope 1: 12,703 tCO2eRevenue: $M 18,178Scope 1 Intensity: 0.70 tCO2e/$MTD SynnexYear: 2024Scope 1: 10,778 tCO2eRevenue: $M 58,449Scope 1 Intensity: 0.18 tCO2e/$MAvnetYear: 2024Scope 1: 8,204 tCO2eRevenue: $M 23,759Scope 1 Intensity: 0.35 tCO2e/$M

How does Avnet's GHG emissions intensity compare to its peers?

In 2024, Avnet reported a Scope 1 emissions intensity of 0.35 tCO₂e 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 tCO₂e 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 CO₂ equivalent (tCO₂e) 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

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