Arrow to Pilot Expansion of e-Stewards Electronics Recycling Certification

  Arrow to Pilot Expansion of e-Stewards Electronics Recycling Certification

               Arrow to be the First Global e-Stewards Recycler

Business Wire

SEATTLE & ENGLEWOOD, Colo. -- June 25, 2013

Arrow Electronics Inc. (NYSE: ARW) and the Basel Action Network (BAN)
announced a three-year agreement to certify all of Arrow’s electronics
recycling and IT asset recovery operations worldwide to the e-Stewards®
standard, leading the program not only across North America but also into
Europe and Latin America. Arrow will be the first global e-Stewards recycler
taking the program to all of its facilities in multiple continents.

“Arrow’s value recovery business is committed to maintaining the highest
standards of environmental and social responsibility while contributing to the
best practices of the industry on a global basis,” said Scott Venhaus, Arrow’s
director of quality and compliance.

The certification covers nine processing facilities in the United States, six
in Europe and one in Brazil. Arrow has chosen to pursue e-Stewards®
certification as part of its global compliance program for value recovery that
incorporates the best practices of today’s leading industry standards, while
creating a flexible platform to focus on the challenges of tomorrow.

“Working with e-Stewards at our new Brazil facility is an exciting opportunity
to jointly pilot the geographic expansion of e-Stewards into Latin America,”
Venhaus said.

Arrow’s value recovery business provides specialized management of reverse
material streams, IT asset recovery and remarketing services that enable
technology users to uncover opportunities for greater efficiencies and value
capture at the end of the IT product lifecycle. Drawing from its industry
leadership, it is anticipated that Arrow will support BAN and e-Stewards in an
advisory capacity in the coming years.

e-Stewards is a globally accredited, third-party audited certification program
developed by BAN with industry leaders. BAN first exposed e-waste dumping in
developing countries and has led a campaign to prevent irresponsible dumping
of hazardous electronic wastes in developing countries. BAN’s research has
been featured in CBS’s “60 Minutes” and “Frontline,” the New York Times and
other news outlets.

The e-Stewards certification is a primary tool in that campaign and is
supported by over 70 environmental organizations worldwide and already by over
50 major corporations and cities including Wells Fargo Bank, Alcoa, Boeing,
Bank of America, San Francisco, LG, Samsung, and Bloomberg, known as
e-Stewards Enterprises. The e-Stewards standard assures customers that no
hazardous electronic waste will be exported to developing countries or end up
in municipal landfills or incinerators or be processed using prison, child or
forced labor. It also stands as a global model for the protection of
confidential data housed in electronic equipment.

“We are very proud to partner with such a quality industry player as Arrow and
are thrilled to accept its offer to pilot our program not only over North
America but in Europe, Latin America and beyond,” said Jim Puckett, executive
director of BAN. “Arrow joins a select group of electronics recyclers that
believe that leaders must lead, not just comply. They are in business not only
to make a profit but to make a difference.”

For more information about Arrow’s value recovery business, visit
www.arrowvaluerecovery.com.

About e-Stewards® Certification

The e-Stewards® Initiative is a market-based solution to help individuals and
organizations identify and promote those electronics recyclers that ensure
that used electronics are managed with the highest standards of environmental
and social responsibility. e-Stewards Certified Recyclers are audited and
certified to ensure highest levels of responsibility and e-Stewards
Enterprises are major corporations, municipalities or institutions that agree
to make best efforts to make use of e-Stewards Certified Recyclers. For more
information about the e-Stewards Initiative visit: www.e-Stewards.org.

About Basel Action Network

Founded in 1997, the Basel Action Network is a 501(c)3 charitable organization
of the United States, based in Seattle, WA. BAN is the world's only
organization focused on confronting the global environmental justice and
economic inefficiency of toxic trade and its devastating impacts. Today BAN
serves as the information clearinghouse on the subject of waste trade for
journalists, academics, and the general public. Through its investigations,
BAN uncovered the tragedy of hazardous electronic waste dumping in developing
countries. For more information, see www.BAN.org.

About Arrow Electronics

Arrow Electronics (www.arrow.com) is a global provider of products, services
and solutions to industrial and commercial users of electronic components and
enterprise computing solutions. Arrow serves as a supply channel partner for
more than 100,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of more than 470 locations in 55
countries.

Contact:

Arrow Electronics
Dawn Small, 303-824-4188
Communications Manager
dsmall@arrow.com
or
Basel Action Network
Jim Puckett, 206-652-5555
Executive Director
jpuckett@ban.org
 
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