Climate Change Data

TD SYNNEX Corporation

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:43,932 tCO2e (market-based Scope 2)
Scope 1 Emissions:10,041 tCO2e
Scope 2 Emissions:38,914 tCO2e (location-based)
Renewable Energy Share:1%
Total Energy Consumption:174,319 MWh

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Achieved a C score of Awareness on their first CDP assessment as TD SYNNEX.
  • 12 sites are Energy Star, LEED or BREEAM certified offices.
  • Planted 30,256 trees in East Africa through a partnership with Treedom.
  • Diverted 350,000 mobile handsets from landfills through TD SYNNEX Renew’s mobile trade-in program in 2021.
  • Achieved a 20.6% reduction in electricity consumption in France (2021 compared to 2019).
  • Earned an excellence-level Wastewise Certificate via Hong Kong Green Organization Certification (HKGOC) in China.
  • Achieved ISO 9001 and 14001 certifications and earned EcoVadis’ Platinum Medal for sustainable management system in France.
  • Over 50 TD SYNNEX locations are certified through ISO 9001, ISO 14001, or both.
  • Achieved EcoVadis’ Bronze Medal for operations as TD SYNNEX.

Social Achievements

  • Achieved 27% female representation at the director and above level.
  • Awarded 7 college scholarships to co-workers and their families.
  • Raised $17M to support TD SYNNEX Share the Magic program since its inception.
  • 85% of US co-workers felt welcomed when they joined.
  • 81% of US co-workers said management trusts them to do a good job.
  • 84% of US co-workers said they are given a lot of responsibility.

Governance Achievements

  • Harmonized a new TD SYNNEX Global Code of Conduct.
  • Launched TD SYNNEX’s purpose, mission, vision, and values.
  • Established a corporate citizenship leadership and governance structure.
  • Created and filled the roles of Director of Global Responsibility and Global Sustainability Managers.
  • Hyve Solutions (subsidiary) joined the RBA (Responsible Business Alliance).

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero GHG emissions in global operations by 2045.
Medium-term Goals:
  • Increase representation of women to 50% of workforce and 40% of people leaders by 2030.
Short-term Goals:
  • Increase representation of underrepresented groups in workforce by 2025.
  • Double co-worker participation in BRGs by 2025.

Environmental Challenges

  • Calculating and lowering Scope 3 (value chain) emissions.
  • Transportation and logistics contributing significantly to carbon footprint.
  • Energy consumption playing a major role in environmental impact.
Mitigation Strategies
  • Refining data collection and calculation tools to better quantify Scope 3 emissions.
  • Launching an area of focus on sustainable transportation and logistics to outline goals, develop KPIs, and identify initiatives.
  • Working with logistics partners, optimizing loads, investigating sustainable fuels, and working with suppliers to reduce packaging weight.
  • Implementing energy sobriety plan in France focused on reducing consumption, optimizing operations, and anticipating shortages.

Supply Chain Management

Responsible Procurement
  • Supplier Diversity program; Supplier Integrity Principles (human rights, anti-competitive behavior, anti-bribery, anti-corruption).

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (hurricanes, floods, earthquakes)
Transition Risks
  • Regulatory changes, market shifts, investor sentiment related to ESG

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi), CDP, Task Force on Climate-related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB), United Nations Sustainable Development Goals (UN SDGs)

Certifications: ISO 14001, ISO 9001, Energy Star, LEED, BREEAM

Third-party Assurance: KPMG LLP (limited assurance on Scope 1 and 2 GHG emissions)

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Details provided in Appendix (page 42-46)

Awards & Recognition

  • Forbes’ America’s Best Employers For Diversity
  • FORTUNE World’s Most Admired Companies
  • The Human Rights Campaign’s Best Places to Work for LGBTQ+ Equality
  • Great Place to Work -Certified™ in the United States
  • Treedom’s “Bold and Brave Award”