Environmental Stewardship

³²Collected energy data represents an estimated 100% (FY25), estimated 100% (FY24) of Avnet’s square footage, excluding residual estates. For CY22, extrapolated energy data is estimated to 100% of Avnet’s square footage. Scope 1 = On-site generation of energy owned/controlled by Avnet (generation of on-site combustion of heat or electricity examples: solar, natural gas, fuel oil and corporate fleet). Scope 2 = Purchase of off-site generation of electricity, heating, cooling and steam consumed by Avnet facilities. It may contain a mix of both green and non-green energy. Facilities in Austria, Belgium, Germany, Poland, Romania, Denmark, Switzerland and the U.K. use green electricity products (e.g., green tariffs) supported by energy attribute certificates and invoices.

Avnet follows the GHG Protocol Corporate Accounting and Reporting Standard framework when measuring emissions. In addition, our Scope 1 and 2 GHG emissions are verified by third-party limited assurance. For more information on Avnet’s GHG emissions methodology and how it determines accuracy, please see our FY25 Impact & Resiliency report section on Energy management and addressing climate change. mtCO₂e stands for metric tons of carbon dioxide equivalent. 

²⁰ Scope 1 emissions – Includes sources of direct emissions owned or controlled by Avnet (generation of on-site combustion of heat or electricity examples: solar, natural gas, fuel oil and corporate fleet). Collected emissions data represents an estimated 100% (FY25), estimated 100% (FY24), collected 88% (CY22) of Avnet’s square footage, excluding residual estates. For CY22, extrapolated data is estimated to 100% of Avnet’s square footage. Sources for emissions factors and calculations include EPA GHG Guidance: Direct Emissions From Stationary Sources and EPA GHG Inventory Guidance: Direct Emissions From Mobile Combustion Source, DEFRA Environmental Reporting Guidelines, and IEA CO2 Emissions From Fuel Combustion. Corporate fleet data was sourced from EMEA fleet and fuel emissions averages. Collected fugitive emissions do not meet material threshold and are excluded from reporting.

²¹ Scope 2 emissions – Includes indirect emissions from purchased off-site generation of electricity, heating, cooling and steam consumed by Avnet facilities. Collected emissions data represents an estimated 100% (FY25), estimated 100% (FY24), collected 88% (CY22) of Avnet’s square footage, excluding residual estates. For CY22, extrapolated data is estimated to 100% of Avnet’s square footage. Sources for emissions factors and calculations include EPA GHG Guidance: Indirect Emissions From Purchased Electricity, DEFRA Environmental Reporting Guidelines, the U.S. EPA Emissions & Generation Resource Integrated Database (eGRID) and IEA Emissions Factors.

²² Scope 3 FY24 total emissions updated due to immaterial correction to category 7 employee commuting. Scope 3: Category 11: Use of sold products, Category 14: Franchises, and Category 15: Investments were deemed not relevant to Avnet’s operations. Category 8: Upstream leased assets – all leased assets that directly consume fuels or electricity are included in Scope 1 and Scope 2 inventory, excluding residual estates. 

²³ Scope 3: Category 1: Purchased goods and services & Category 2: Capital goods – Emissions for purchased goods and services were calculated with a hybrid methodology including both supplier-specific emission factor data and the spend-based method. The spend-based method was applied using Environmentally Extended Economic Input Output (EEIO) lifecycle analysis (LCA) emissions factors from the U.S. EPA. Avnet’s total direct and indirect spend was leveraged to account for all purchased goods and services in Category 1. Cash flows from investing activities/property, plant and equipment noted in Avnet’s 2025 10-K and details of Capital Expenditures projects were leveraged to account for all capital goods in Category 2. Where available
supplier-specific emission factors were leveraged from publicly available emissions disclosures.

²⁴ Scope 3: Category 3: Fuel- and Energy-Related Activities (not included in Scope 1 or Scope 2) – Emissions calculated using well-to-tank and transmission and distribution emissions (FY24-FY25). Emissions calculated using standard average data method of 25% of Scope 1 emissions + 20% of Scope 2 emissions (CY22).

²⁵ Scope 3: Category 4: Upstream transportation and distribution – Emissions data sourced from carrier invoicing data provided by Data2Logistics. CO2 emissions were calculated based on DEFRA averages using mode, weight, distance and distance range (long haul, short haul, etc.) to determine the spent carbon. Data includes Avnet: AMER & EMEA and Farnell: AMER. Data does not include Avnet: APAC or Farnell: APAC and EMEA. Emissions are calculated for transportation and distribution logistics for carriers within Avnet’s control.

²⁶ Scope 3: Category 5: Waste Generated in Operations – Waste-type-specific emissions are calculated from waste generated during operations.

²⁷ Scope 3, Category 6: Business Travel – Air, rental car, rail and hotel travel data includes 100% of U.S. and EMEA and 40% of APAC. Avnet reports 85% of corporate transport data for FY25, and the remaining 15% was estimated using a percentage of actual airfare spend. Calculations are based on guidelines specified by the U.K. DEFRA and the Department of Energy and Climate Change. Business travel emissions data is provided by travel management companies. Mileage reimbursement (AMER and EMEA) emissions are calculated using the GHG Protocol’s distance-based method. For additional details regarding emissions sources, see our 2024 CDP report.

²⁸ Scope 3, Category 7: Employee Commuting – FY25 emissions were calculated using the GHG Protocol’s Activity-Data and Average-Data methodologies, which represent an expansion from the prior years’ (CY21 – FY24) calculation by shifting from a global model to a regional approach. The methodology included the following changes: (1) Regional approach: Commuting profiles were based on three regions (AMER, EMEA, APAC). (2) EFs included CO2 (CY21 - FY24) and additionally CH4, and N2O for FY25, using factors from the 2025 DEFRA and US EPA Conversion Factors. (3) Physical Commute Calculation: Emissions from physical commuting are calculated using the Distance-Based Method: (a) AMER: Primary weekly miles traveled per transport mode were sourced directly from the Maricopa County (Arizona) Travel Reduction Program survey and extrapolated from the AMER workforce. (b) For FY25, EMEA & APAC used average-data method: Commuting distances are based on regional averages. (4) Net Telecommuting Emissions (FY25): The model includes the Net Emissions Principle for hybrid work, calculated as (Induced Emissions - Avoided Emissions): (a) Induced
Emissions (FY25): Home energy consumption is accounted for based on work schedules and regional electricity grid factors (b) AFV Integration (FY25): Emission factors for Single Occupancy Vehicles (SOV) incorporate a blended rate reflecting AFV penetration in each market.

²⁹ Scope 3: Category 9: Downstream transportation and distribution – Emissions data sourced from carrier invoicing data provided by Data2Logistics. CO2 emissions were calculated based on DEFRA averages using mode, weight, distance and distance range (long haul, short haul, etc.) to determine the spent carbon. Data includes Avnet: AMER & EMEA and Farnell: AMER. Data does not include Avnet: APAC or Farnell: APAC and EMEA. Emissions are calculated for transportation and distribution logistics for carriers within Avnet’s control.

³⁰ Scope 3: Category 10: Processing of sold products & Category 12: End-of-life treatment of sold products Avnet estimated emissions with a focus on semiconductor products and associated processing since they are a significant product for the business in terms of revenue and units sold. Assumptions of the energy consumption of a “pick and place” machine from literature and life cycle assessment (LCA) values were used to estimate processing emissions. Avnet made some methodological improvements for its FY25 calculations to better represent other (non-semiconductor) products which accounts for some of the increase associated with this category. Total unit sales also increased in FY25, also contributing to the increase. Calculations for the end-of-life treatment of sold products (Category 12) were based on the average weight of products sold using a sample from one of Avnet’s key business regions. Average electronic recycling rates and emission factors from the U.S. EPA were used to estimate emissions from disposal at the end of their life.

³¹ Scope 3: Category 13: Downstream leased assets – Emissions from electricity, natural gas and refrigerants used for AC were estimated based on the geographic location, building use and square footage of the leased space. For electricity and natural gas intensity factors, sources varied by geography but were all derived from national government agencies (i.e. CBECS in the United States). For AC/refrigerant intensity factors, a common intensity factor was used across all locations, where applicable, based on square footage derived from methodologies detailed by the U.S. EPA and IPCC.