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Avnet World’s Most Ethical Companies for 7th Consecutive Year

Annual award from Ethisphere Institute recognizes Avnet’s emphasis on leading a purpose-driven business model with integrity

Avnet has again been recognized by Ethisphere as one of the 2020 World’s Most Ethical Companies, marking the seventh consecutive year of recognition for Avnet.

This award, from a global leader in defining and advancing the standards of ethical business practices, honors the company’s consistent commitment to leading with integrity and purpose.

Avnet has been recognized every year since 2014 and is the sole honoree in the electronic components industry. In 2020, 132 honorees were recognized spanning 21 countries and 51 industries.

“We are honoured to be named one of Ethisphere’s most ethical companies for the seventh consecutive year,” said Bill Amelio, Avnet CEO. “In this critical time of transformation for our company, we’re focused on doing well as a company by doing good in the world. Our core values–especially those of integrity and empathy–have guided us through our nearly 100 years in the distribution industry, and we are looking forward to embarking on our next century as a distributor and a technology solutions provider with a renewed commitment to those principles.”

The award underscores Avnet’s ongoing commitment to prioritizing ethical business practices and inspiring employees to reach further and meet business goals with processes that promote fairness and social good.

“Congratulations to everyone at Avnet for earning this recognition,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “This is a moment to acknowledge the leaders working to advance corporate cultures defined by integrity and to affirm those companies contributing to broader societal imperatives and the greater good.”

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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