Responsible Value Chain

Avnet is firmly at the center of the technology value chain, and there has never been a greater need for Avnet to help its suppliers and customers navigate supply chain complexities, delivery problems and product shortages. We focus on supporting a resilient, reliable and responsible value chain.

 

Avnet’s value chain approach

The relationship between Avnet and its supplier and customer partners is built on a long history of mutual trust, integrity and a commitment to operational excellence. We are committed to communicating openly and honestly with our partners and continue to build positive relationships.

During this period of global economic change and digital transformation, we have spent time with our suppliers, customers and supporting third parties to help them overcome these challenges.

Avnet enables customers to innovate and advance technology that improves our world. Our foundation as a leading distributor and solutions provider helps our customers simplify their path to market through design, supply chain and logistics services. We do much more than simply provide our customers with components where and when they need them.

Avnet Value Chain

Supply chain management and responsible sourcing

Avnet complies with international ethical and legal standards. We expect our suppliers, customers and vendors to operate in accordance with these standards, including, but not limited to:

  • Prohibiting child labor
  • Protecting against slavery and forced labor
  • Respecting principles of equal opportunities and prohibition of discrimination
  • Protecting against unlawful taking of land
  • Complying with occupational health and safety and related health hazards
  • Providing an adequate living wage
  • Respecting the right to form trade unions and workers’ representations
  • Properly handling, collecting, storing and disposing of substances that are dangerous to humans and the environment
  • Complying with environmental obligations taken from various international conventions

We continue to strengthen our responsible sourcing program for all suppliers and vendors. See below for our current scorecard from our FY23 Sustainability report:

CY24 RESPONSIBLE SOURCING GOALS
GOAL STRATEGIES FY23 STATUS FY23 PROGRESS
Strengthen our responsible sourcing program for all suppliers and vendors Continue to enhance our responsible sourcing strategy by:
  • Updating our supplier assessment strategy
  • Expanding and improving prevention levers (training, corrective action, feedback mechanism)
  • Monitoring implementation of updated strategy and reporting on regular cadence
 
  • Responsible sourcing project team continued working with global business leaders representing key business units and functions
  • Risk management system and updated processes for assessing supplier risk on human rights and environmental topics under the German Supply Chain Due Diligence Act (LkSG)
  • Workstreams formed focusing on compliance with new and future responsible sourcing (global) regulations
  • Questionnaire on human rights and environmental risks under the German Supply Chain Due Diligence Act (LkSG) to perform risk assessments sent to select suppliers


For more information on Avnet’s efforts in human rights, conflict minerals and responsible sourcing visit our human rights page and view our Declaration of Principles for Human Rights.

Our Alertline is available 24/7 to employees, vendors, suppliers, customers and any third parties worldwide to report compliance and ethics-related concerns.

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FY23 Sustainability Report

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Supplier code of conduct - RRD SHARED

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Supplier code of conduct

Avnet is committed to environmentally, socially and ethically responsible business management and we expect the same conduct from all our suppliers. Avnet has created a supplier code of conduct to outline our expectations.

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