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TD SYNNEX Net Zero Targets Approved by SBTi

By: TD SYNNEX via Business Wire

May 22, 2024 at 09:00 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

TD SYNNEX among first technology solutions aggregators to have its targets approved

TD SYNNEX (NYSE: SNX) announced today the company's near and long-term science-based emissions reduction targets have been approved by the Science Based Targets initiative (SBTi), making the company one of the first technology solutions aggregators to achieve this approval.

“I was privileged to sign our commitment to the SBTi Business Ambition Pledge as one of my first acts as CEO of TD SYNNEX following the merger that created our company in September 2021, so it’s safe to say sustainability has been a priority for our business from Day 1,” said Rich Hume, CEO, TD SYNNEX. “I thank all the co-workers involved in building our roadmap to achieving these goals. The approval by SBTi is a testament to their hard work and commitment.”

SBTi is renowned for developing standards, tools, and guidance to address greenhouse gas (GHG) emissions. TD SYNNEX's net-zero science-based targets have been approved, positioning the company at the forefront of corporate climate action. Approved targets include:

Overall Net-Zero Target

TD SYNNEX commits to reach net-zero greenhouse gas emissions across the value chain by FY2045.

Near-Term Targets

TD SYNNEX commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year. TD SYNNEX also commits that 90% of its suppliers by spend covering purchased goods and services, will have science-based targets by FY2028. TD SYNNEX further commits that 58% of its customers by revenue covering use of sold products, will have science-based targets by FY2028.

Long-Term Targets

TD SYNNEX commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by FY2045 from a FY2022 base year.

“As we celebrate the validation of our targets, we recognize that the hard work now begins. To this end, we are building roadmaps within each region to reach our goals, and also are encouraging our stakeholders to align with climate science by also working toward a commitment to science-based 1.5 C and net-zero targets,” added Adam Rutstein, Vice President, Corporate Citizenship and Sustainability, TD SYNNEX.

Learn more about TD SYNNEX’s corporate citizenship commitments at 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 cloud, cybersecurity, big data/analytics, AI, 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 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 2023 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240522404977/en/

Contacts

Emily Moseley

Global Corporate Communications

727-538-5864

emily.moseley@tdsynnex.com

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