Electrocomponents, the supplier of electronic and industrial parts and systems and a parent company to distributor RS Components and the design platform DesignSpark, has strenghtened its committment to environmental, social and governance (ESG) responsiblity with a further defined plan, to 2030.
Electrocomponents operates in 32 countries and has over 7500 employees, and wants to ensure that its workforce is 25% ethnically diverse and some 40% of its leaders to be women. This is one of the pillars in a series of four, which also consist of advancing sustainability, doing business responsibly and championing education.
The international electronics giant wants to reduce emissions from its own operations by 75%, make its packaging more sustainable and 100% reusable, recyclable or compostable, as well recycle itself to 95% and above, and achieve zero waste to landfill in its direct operations. Its targets include reducing transport emissions by 25% per tonne sold by 2050.
Electrocomponents vows to evaluate its suppliers against its ethical and environmental standards too, and is setting ESG objectives for strategic suppliers, including the plan to engage 65% of them “by spend” to set science-based targets by 2025.
ESG-related targets are also included within Electrocomponents’s employee rewards programmes. And through its DesignSpark platform, the company wants to engage with 1.5 million engineers and innovators in creating socially-responsible and sustainable solutions.