GlobalData offers a comprehensive analysis of SYNNEX, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on SYNNEX’s ESG performance. GlobalData’s company profile on SYNNEX offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

SYNNEX, a technology distribution company, has set target for net zero by 2045. SYNNEX recognizes the importance of taking urgent action to combat climate change and integrate climate change measures into its policies and strategies. In terms of its current carbon emissions, SYNNEX has provided data on its Scope 1 and Scope 2 emissions for the year ended November 30, 2022. The company's gross global Scope 1 emissions were 14,254 metric tons of CO2e, while its Scope 2 emissions (both location-based and market-based) were 38,914 and 43,932 metric tons of CO2e, respectively. The company acknowledges that its emissions intensity will reduce over the next five years as it works towards its net-zero target.

The company has undergone a review by KPMG LLP, an independent accounting organization, which confirmed that SYNNEX's Scope 1 and Scope 2 GHG emissions were calculated based on the GHG Protocol. The company's Scope 1 emissions primarily arise from burning natural gas for heat, while Scope 2 emissions result from third-party electricity generation. Efforts to reduce these involve lowering energy consumption and fossil fuel usage. The main challenge lies in calculating and decreasing Scope 3 emissions, a substantial part of the global carbon footprint, generated by vendors producing distributed goods and services, as well as through product transportation and use. Ongoing refinement of data tools aims to enhance quantification.

SYNNEX has already taken steps to reduce its emissions and is expected to continue doing so in the future. The company is developing a carbon-reduction roadmap to outline its pathway forward. It is also committed to embedding circular economy principles into its product life-cycle management strategy and partnering with stakeholders to minimize waste through repairs, refurbishment, and recycling. Additionally, SYNNEX is working towards sustainable consumption and production patterns by lowering its global carbon footprint and delivering education and thought leadership.

In conclusion, SYNNEX is committed to achieving net-zero GHG emissions in its global operations and has already made progress in reducing its emissions and implementing sustainable practices. With its carbon-reduction roadmap and focus on circular economy principles, SYNNEX is taking significant steps towards achieving its net-zero targets and contributing to a more sustainable future.

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