Best Buy has been named to the 2022 JUST 100 list, recognizing companies for doing right by all of their stakeholders, including our employees, customers, communities, and the environment.
This is the second year in a row we’ve made this top 100 list, which evaluates and ranks nearly 1,000 of the largest publicly traded companies in the United States.
JUST Capital and its partners compile the annual list by polling 3,000 Americans to identify the stakeholders and issues they think companies should focus on most, and then evaluated companies based on what respondents agreed should be prioritized. Once again, this year’s list took a closer look at how companies are supporting their employees – including pay, health and safety, benefits and work-life balance, training, and cultivating a diverse and inclusive workplace.
Here are just a few of things we’ve done this year that have benefitted our employees, customers, communities and the environment:
- We provide our employees and their families with a variety of resources to help make life less stressful and improve their well-being, particularly around childcare, mental health, and paid and parental leave.
- We committed to spending at least $1.2 billion with BIPOC and diverse businesses by 2025, with the goal of creating a stronger community of diverse suppliers and to help increase Black, Indigenous and people of color (BIPOC) representation in the tech industry.
- We committed up to $10M investment with Brown Venture Group for BIPOC startups
- We were ranked the number one big-box retailer for COVID-19 safety, demonstrating our commitment to the safety of our frontline employees
- We implemented a free, nationwide COVID-19 testing program for all of our store employees who aren’t usually working from home and are experiencing any symptoms or have learned of recent exposures.
- We offered paid time off for any employee who gets a COVID-19 vaccination and paid all hourly employees a one-time bonus for the incredible work they performed during the past year of the COVID-19 pandemic.
- 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 continue to invest in solar projects across the country to reduce our carbon emissions, including unveiling a new solar field project that will offset the carbon impact of 300 Best Buy stores (about 30% of our U.S. store portfolio) for 10 years.
Click here for Best Buy’s Fiscal 2021 Environmental, Social and Governance Report.