Overall impact
C (54)

Commentary

Avnet is an average overall performer. With a 'C' rating of 54.3 for overall impact (50th percentile compared to all companies), Avnet ranks 55th out of 170 industry peers, behind Sunbelt Solomon, Orbital Energy Group, Addvantage and 51 others, and ahead of AO Smith, On Track Innovations, Bonso Electronics and 112 others. On top material causes for Avnet's industry (Electronics), Avnet performs well in Equal Pay and Opportunity (90.1 score) and Terrestrial Biodiversity (80.2) and performs poorly in Reduced Inequality (26.3 score), Clean Water Access (36.3), Conflict Free Mineral Production (10.5) and 1 other cause where it received a 'D' or 'F' score.
Impact
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Company
Founded
1921
Employees
15,040
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Sub-industry
Technology Distributors
SASB industry
Electrical & Electronic Equipment
Headquarters
Az, United States
Share classes
AVT
Mission
To deliver the highest value to our customers, suppliers, employees and shareholders as the premier technology marketing, distribution and services company, globally.
Description
Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support, warehousing, and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions, as well as embedded display solutions comprising touch and passive displays. It also develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.
Material causes
Ethos considers the following causes material for Avnet, based on its industry sub-industry Technology Distributors. Learn more about material causes in our methodology overview.
Not available

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