We’re so excited to have been named to CDP’s prestigious Climate A List for the fifth consecutive year, recognition for our continuing work on making a positive impact on the planet and in our communities.
For more than a decade, we have been recognized as a leader by CDP for tackling climate change and accelerating our environmental goals, which we’ve done by creating new sustainability programs that touch every part of our business. This year’s recognition is based on our actions to cut emissions, mitigate climate risks and drive a low-carbon economy.
“We aim to meaningfully reduce our impact on the environment and help our customers do the same,” said Corie Barry, CEO at Best Buy. “We are proud to once again be named a climate leader by CDP and will continue to make decisions with the future in mind as we work to strengthen our business, improve people’s lives and save our planet for future generations.”
In addition to this recognition, our efforts to address climate change have landed us in the top five on Barron’s list of the 100 Most Sustainable Companies in America for three straight years and on Newsweek’s list of America’s Most Responsible Companies 2022.
How we made the list
Sustainability is at the core of what we do at Best Buy and we are committed to doing more.
For this list, CDP assesses companies based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency.
This year, more than 13,000 companies were scored by CDP, but only 200 made the A List.
Here are a few examples of our environmental work:
- We set a science-based goal to reduce carbon emissions in our operations by 75% by 2030 (over a 2009 baseline). In 2021, we achieved reducing our emissions nearly 61%.
- We became a founding member of the Breakthroughs 2030: Retail campaign, a Race to Zero initiative that aims to accelerate climate action within the retail industry.
- We made significant investments this year in solar energy, including investing in the Big Star Solar project and Prospero 2 Best Buy Solar.
- We signed onto The Climate Pledge and joined other leading companies committed to being carbon neutral by 2040, a decade faster than our previous goal of 2050.
Click here for the full list of companies on CDP’s Climate A List.