Premier Farnell has today been recognised with the highest ranking in Business in the Community’s annual benchmark of responsible business management, the Corporate Responsibility Index (CR Index).

It is the fourth year in a row that Premier Farnell has been included at Platinum in the Index, but it has now progressed even further with this new award. The company was announced as a Platinum Big Tick company, a new banding in the Index for 2013, designed to challenge leading companies with ‘stretch questions’ on topics such as their long-term planning and the unique contribution their business can make to create transformational change and a sustainable economy.

Achieving Platinum Big Tick means that Premier Farnell has demonstrated it is thinking about how global mega trends, such as population growth and resource scarcity, are affecting the future strategy of the business. The banding is an indication it is making long-term investments to improve or launch new environmentally and socially sound products and services, and is embedding responsible values throughout the workforce.

“Addressing social and environmental concerns is all part of being a sustainable business – one that will enjoy long-term success to the benefit of all of its stakeholders,” said Steven Webb, Company Secretary, Premier Farnell. “Our Core Values include keeping customers and suppliers at the heart of everything we do, working together, being innovative, developing our people, and integrity and trust. These values underpin all our business activity. Achieving Platinum Big Tick status in the BiTC Corporate Responsibility Index is a huge achievement for us and shows our commitment to being a sustainable business.

“The recognition closely follows our award in March by the Ethisphere Institute as one of the World’s Most Ethical Companies.”

Stephen Howard, Chief Executive, Business in the Community said: “I congratulate Premier Farnell for achieving Platinum Big Tick. Responsible business matters – to businesses, employees, communities and the long term sustainability of the planet. As we launch the UK’s first Responsible Business Week (15-19 April 2013) to celebrate the powerful positive role business plays in society, this Index is a key tool to help the public to understand what good business looks like while also providing examples to inspire many more companies to accelerate the pace of change within their business.”

About Farnell element14
Farnell element14 is a high-service distributor of technology products and solutions for electronic system design, maintenance and repair. Bringing together the latest products, services, and development software, all connected to an innovative online engineering community where purchasers and engineers can access peers and experts, a wide range of independent technical information and helpful tools. Whether researching a new technology, designing an electronic product, or looking for parts to repair an existing system, Farnell is the trusted source to find the answers and parts you need to keep your project on the fast track, right from the start.

Farnell element14 is the operating business of Premier Farnell plc (LSE:pfl) in Europe.

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Premier Farnell Key facts

Operations in 35 different countries
4,100 employees
Over 2 million customer contacts in 156 industries
Over 3,500 leading suppliers
Over 400,000 products stocked with access to over four million more on demand
Global leader in legislation RoHS, WEEE, REACH

For more information, please contact:

Farnell element14
Jen Cooke - European PR Manager
Tel: +44 (0) 113 348 4904
Web: www.premierfarnell.com

April 2013

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