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TMCNet:  Premier Farnell retains Business in the Community Platinum status for third year running

[March 19, 2012]

Premier Farnell retains Business in the Community Platinum status for third year running

Mar 19, 2012 (M2 PRESSWIRE via COMTEX) -- London , Premier Farnell plc (LSE:pfl), today announced that it has achieved Platinum status in Business in the Community's (BiTC) 2012 Corporate Responsibility Index (CRI), the UK's leading voluntary benchmark of corporate responsibility, for a third year.

In the last ten years since the CR Index launched there have been substantial shifts in the way that companies integrate responsible business into their operations, along with a growing recognition of the role of business in society and the potential to be a force for good. Achieving Platinum demonstrates that Premier Farnell has integrated corporate responsibility into its business model and has clear sustainability strategies, delivering demonstrable performance.

This accolade was announced on the same day Premier Farnell was once again cited as one of the World's Most Ethical Companies for 2011 on the 6th annual list released by New York think tank, the Ethisphere Institute.

The World's Most Ethical Companies have incorporated ethics into business practices whether domestic or international, retail or B2B, and have been able to thrive despite an ever-changing global regulatory environment.

"Sustainability is a key part of our business strategy, playing a significant role in ensuring the long-term success of our business and developing trust in a rapidly changing world," said Steven Webb, Company Secretary, Premier Farnell. "Achieving Platinum status in the BiTC Corporate Responsibility Index for the third year running shows how much commitment we put behind sustainability and this is clearly being recognised additionally by our inclusion in the World's Most Ethical Companies list." Editors Notes: The images are available for download at: http://www.pinnaclecrc.com/PR_PICTURES/Premier_Farnell/PF504/ About Premier Farnell Premier Farnell plc (LSE:pfl) is a global leader in high service distribution of technology products and solutions for electronic system design, maintenance and repair. Its differentiated proposition includes 29 local language transactional websites, and the critically important element14 Community for design engineers -- an industry first ( www.element14.com ). With sales last year of GBP990.8m and underlying profits of GBP93.3m the Group distributes its comprehensive portfolio of products and services throughout Europe, North America and Asia Pacific, supported by a global supply chain of over 3,500 suppliers and an inventory profile developed to anticipate and meet its customers' needs.

While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalise its model accordingly. It trades locally as Farnell in Europe, Newark/element14 in North America and Farnell Newark in Brazil. Across Asia Pacific the business trades as element14.

Key facts o Operations in 35 different countries o 4,100 employees o Over 2 million customer contacts in 156 industries o Over 3,500 leading suppliers o Over 400,000 products stocked with access to over four million more on demand o Global leader in legislation RoHS, WEEE, REACH For more information visit the website at Premier Farnell .

For news updates from element14 visit: Premier Farnell News Centre -- www.premierfarnell.com/premier_farnell/publicrelations/ Twitter - @element14news; @element14 YouTube -- element14 Or contact: Email: pressoffice@premierfarnell.com Contact Details: Global Contact: European Contact: Ken Leitch Aakriti Kaushik Global Head of PR PR Manager, Europe and Global Premier Farnell and Farnell Premier Farnell and Farnell Tel: +44 (0) 20 7851 4145 Tel: +44 (0) 113 279 0101 E-mail: KLeitch@premierfarnell.com Email: akaushik@farnell.com APAC Contact: Americas Contact: Christina Loh Janice Fleisher Communications APAC Communications Americas Tel: + 65 6671 8769 Tel: +001 (1) 773 907 5941 E-mail: cloh@element14.com Email: jfleisher@newark.com PR Agency Contact: Jonathan Roberts Account Director Pinnacle Marketing Communications, Ltd Tel: +44 (0) 20 8869 9339 E-mail: j.roberts@pinnaclemarcom.com ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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