GlobalData offers a comprehensive analysis of Arrow, 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 Arrow’s ESG performance. GlobalData’s company profile on Arrow 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.
Arrow, a global technology solutions provider, is committed to reducing its GHG emissions. The company aims to achieve a 10% reduction in Scope 1 and 2 emissions across all Arrow locations and the fleet by 2025. In 2022, the company's location-based carbon emissions for Scope 1 & Scope 2 were 11,675 & 28,437 mtCO2e respectively, while market-based emissions for Scope 1 & Scope 2 were 11,675 & 25,061 mtCO2e, respectively. The company exceeded its goal by overachieving, a remarkable reduction of 29.4% in Scope 1 and 2 emissions across the Phase 1 controlled footprint surpassing the initial target of a 10% reduction.
Arrow has already taken steps to reduce its emissions and plans to continue doing so in the future. In 2022, the company validated its baseline for scope 1 and scope 2 emissions with third-party auditors, demonstrating its commitment to accurate reporting. During 2022, the organization also commenced the collection of pertinent Scope 3 emissions data and will complete baseline measurements in 2023 and 2024. To achieve its emission reduction goals, Arrow is investing in lower-emission technology and exploring substitution options for existing products and services. The company recognizes the importance of aligning its products and services with the transition to a low-carbon economy and is well-positioned to be a leader in climate-change-related solutions.
In conclusion, Arrow is committed to reducing its GHG emissions. The company has already made progress in reducing scope 1 and scope 2 emissions and has set goals for further reductions. By investing in lower-emission technology and aligning its products and services with a low-carbon economy, Arrow is taking proactive steps towards a sustainable future.
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