Best Buy has been named to the prestigious Dow Jones Sustainability Index for the 10th consecutive year.
Only five U.S. retailers were included on this year’s index, which identifies leaders in environmental, social and governance (ESG) performance.
The Dow Jones Sustainability Index serves as an important bench-marking tool for investors who incorporate sustainability performance into their portfolios. It analyzes a variety of criteria, including carbon reduction, human rights and corporate governance.
Being included on the index reflects our broader approach to corporate responsibility and sustainability. We aim to positively impact the world, enrich people’s lives through technology and contribute to the common good.
About the index
Each year, SAM (part of S&P Global) conducts a rigorous evaluation of companies’ sustainability practices through their Corporate Sustainability Assessment (CSA). The Dow Jones Sustainability Index combines that data with a long-term economic methodology.
This year, SAM evaluated more than 7,300 companies around the world and experienced a record 19% increase in the number of companies completing the questionnaire. This demonstrates how publicly traded companies are placing an emphasis on ESG topics such as labor practices and climate strategy, now more than ever.
How we made the index
Best Buy has been a leader in environmental practices for years — from our e-waste recycling program to our aggressive carbon reduction commitments.
But sustainability is not just about environmental programs. The social element of ESG has become even more important during the current pandemic, and we are focused on keeping our employees, customers and partners feeling safe and valued. We also continue to support our communities through these challenging times with programs like our Best Buy Teen Tech Centers.
Governance is the backbone of a well-managed company, and our practices continue to be ethical, transparent and mindful all of our stakeholders.
Click here for Best Buy’s Fiscal 2020 environmental, social and governance report, “Doing a World of Good.”