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.
► TD SYNNEX among first technology solutions aggregators to have its targets approved
‘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 one,’ 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 here.
