We aim to be known for our exceptional ethical standards and compliance, and for the way that we treat our stakeholders.
We believe that a sustainable business is based on strong standards of management, and of identifying ways to engage with our stakeholders to our mutual benefit. Detailed information on our Principles impacts is available in our Sustainability Report.
We operate our business in line with best practice in management standards. Where it is appropriate, or we believe that the structure would be beneficial, we implement the certification of management standards by independent certification bodies. Copies of these certificates are available directly from our businesses.
Two significant pieces of European environmental legislation affect the Group’s electronic component distribution businesses. These are the European Directives dealing with the Restriction of the use of certain Hazardous Substances (RoHS) in electronic and electrical equipment, and the disposal of Waste Electrical and Electronic Equipment (WEEE). The RoHS and WEEE legislation addresses the harmful effects of such waste in two ways: first by restricting the use of certain hazardous substances in electronic and electrical equipment and, second by imposing responsibilities to increase the recycling, re-use and recovery of such equipment.
Premier Farnell has continued to provide industry-leading guidance on RoHS and REACH legislation in Europe, and developing environmental legislation in the US and China. By offering this support free of charge to the electronic design community via element14, we are able to increase the existing coverage of our guidance and to promote debate and collaboration over minimising the environmental impacts of engineers’ designs.
As we engage with stakeholders on issues around environmental legislation, we maintain a policy on corporate lobbying and report our lobbying activity online each year.