Report highlights both an increase in electricity derived from
renewable sources and a combined Scope 1 & 2 emissions
reduction by approximately 30 percent
TD SYNNEX (NYSE: SNX) today released its latest Corporate
Citizenship Report, marking another milestone in the company’s
ongoing commitment to social responsibility initiatives. This
year’s report builds on the comprehensive framework established in
the inaugural report and details the strides made in embedding
these priorities into operational practices.
“It's exciting to reflect on a year of growth and corporate
citizenship progress for TD SYNNEX amid rapid technological change.
In addition to working with our partners, we engaged co-workers
across business units and regions to further our environmental and
social commitments throughout the past year,” said TD SYNNEX CEO
Patrick Zammit. “Our co-workers are all in on these efforts. From
the work of our global Green Teams and our community volunteers,
they’ve demonstrated a passion for making a difference at TD SYNNEX
and far beyond.”
Environmental Commitments:
In 2023, TD SYNNEX’s ambitious emissions-reduction targets were
approved by the Science Based Targets Initiative (SBTi), making it
one of the first technology aggregators to achieve this
recognition. Additionally, because of its environmental
commitments, TD SYNNEX has been recognized with a silver medal from
EcoVadis and a Management (B-) rating from CDP.
The Corporate Citizenship Report highlights TD SYNNEX’s progress
from an environmental standpoint, including achieving a combined
Scope 1 & 2 emissions reduction of approximately 30% in FY
2023, primarily driven by the transition of several facilities to
renewable energy. TD SYNNEX has increased its electricity derived
from renewable energy sources to approximately 31%, and its wholly
owned subsidiary, Hyve Solutions, has successfully transitioned to
100% renewable electricity at its three largest manufacturing
sites.
Additionally, TD SYNNEX is committed to the ongoing education of
its workforce and industry partners in sustainability topics,
through its industry-leading badge training programs, which cover
Sustainability Essentials, Circular Economy, and Carbon, a new
course added in FY23. Over 700 sustainability badges have been
issued to date, supporting the goal of guiding 90% of suppliers and
58% of customers toward science-based targets by 2028.
“We believe in the power of every co‑worker at TD SYNNEX to lead
positive change so we are invested in building a culture that
fosters a sustainability mindset,” said Vice President of Corporate
Citizenship and Sustainability Adam Rutstein. “At the same time, we
aspire to see environmental progress take hold not only within our
walls but throughout the IT channel. Based on our areas of
expertise and the lessons we’ve learned, we have an opportunity to
help others achieve their own sustainability goals.”
Social Commitments:
Certified™ as a Great Place to Work® in 10 countries in 2023, TD
SYNNEX is equally dedicated to supporting both its workforce and
communities. The Corporate Citizenship Report details the company’s
progress in increasing representation of underrepresented groups,
doubling Business Resource Group (BRG) participation two years
ahead of schedule, and closing the digital divide by providing
underserved communities with digital skills, devices, and
connectivity.
Through the company’s inclusive recruitment program, last year
50% of our new hires were from underrepresented groups and the
company also announced progress on its commitments to increase the
representation of people who identify as women in its
workforce.
The company has also expanded programs to support women,
including a global business resource group, Elevate, female
mentoring programs in North America, Europe and APJ as well as
launching career development programs designed to support their
professional growth.
Governance Commitments:
TD SYNNEX is deeply committed to upholding its core values of
inclusion, collaboration, integrity, and excellence, which form the
foundation of its corporate governance practices. These values
guide the company in maintaining high standards of accountability,
transparency, and ethical conduct.
In 2023, TD SYNNEX made significant strides in enhancing its
governance framework. The company bolstered its leadership team
with the addition of two new Board members, bringing invaluable
industry expertise to the table. It also introduced a Global Human
Rights Policy, underscoring its dedication to ethical business
practices, respect for human rights, and responsible sourcing.
Further advancements included the harmonization of cybersecurity
controls across all business operations, ensuring consistent and
robust protection measures.
Additionally, TD SYNNEX began the process of self-certification
to align with the EU-U.S. Data Privacy Framework Principles,
reflecting its commitment to data privacy and compliance. The
company has also invested in a new, automated cybersecurity
platform to proactively track and mitigate risks, enhance threat
detection, and facilitate cross-functional intelligence
sharing.
For more information about and to download the TD SYNNEX
Corporate Citizenship Report, visit
https://www.tdsynnex.com/us/en/about-us/corporate-citizenship.html.
About TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and
solutions aggregator for the IT ecosystem. We’re an innovative
partner helping more than 150,000 customers in 100+ countries to
maximize the value of technology investments, demonstrate business
outcomes and unlock growth opportunities. Headquartered in
Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000
co-workers are dedicated to uniting compelling IT products,
services and solutions from 2,500+ best-in-class technology
vendors. Our edge-to-cloud portfolio is anchored in some of the
highest-growth technology segments including AI, cloud,
cybersecurity, big data/analytics, IoT, mobility and everything as
a service. TD SYNNEX is committed to serving customers and
communities, and we believe we can have a positive impact on our
people and our planet, intentionally acting as a respected
corporate citizen. We aspire to be a diverse and inclusive employer
of choice for talent across the IT ecosystem. For more information,
visit www.TDSYNNEX.com, follow our newsroom or follow us on
Twitter, LinkedIn, Facebook and Instagram.
Safe Harbor Statement
Statements in this news release that are “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934
involve known and unknown risks and uncertainties which may cause
the Company’s actual results in future periods to be materially
different from any future performance that may be suggested in this
release. The Company assumes no obligation to update any
forward-looking statements contained in this release.
Copyright 2024 TD SYNNEX Corporation. All rights reserved. TD
SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company,
product and services names and slogans are trademarks of TD SYNNEX
Corporation. Other names and trademarks are the property of their
respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20240905457092/en/
Emily Moseley Global Corporate Communications 727-538-5864
Emily.Moseley@tdsynnex.com
TD SYNNEX (NYSE:SNX)
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