Company News

By John Vomhof Jr. Company News

20 Jul: Best Buy Signs ParityPledge In Support Of People Of Color

Best Buy is proud to announce that we have signed on as a founding member of the Parity.org ParityPledge in Support of People of Color.

It’s a public commitment to interview at least one qualified person of color for every open leadership role that is at the vice president level or higher, including the C-suite and board of directors. There are no quotas or deadlines.

This latest pledge is in addition to the ParityPledge in Support of Women, which we previously signed to increase the representation of women in leadership.

By Best Buy Company News

14 Jul: Best Buy Now Requiring Face Coverings For Store Customers

As COVID-19 cases continue to rise throughout the country, Best Buy is joining many retailers by requiring all customers to wear face coverings when shopping in all our stores.

We will provide a face covering if a customer doesn’t have one, and small children and those unable to wear one for health reasons may enter without one. Any customer who has a concern about wearing a mask will be able to shop Best Buy via our website and app and choose home delivery or contactless curbside pickup, which remains in place at all our stores.

By Kirsten Morell Company News

14 Jul: Best Buy Recognized As One Of Best Companies For Women To Advance

Best Buy is proud to be named to the list of Best Companies for Women to Advance 2020, a new list from Parity.org that recognizes companies that have made significant commitments to the advancement of women.

We were one of only 35 companies that made the list, including just 11 large companies (5,000 or more employees).

“We are determined to be an inclusive and diverse company, not just because it’s good business sense but because it’s our fundamental obligation as leaders and as human beings,” said Kamy Scarlett, Best Buy chief human resources officer.

By Best Buy Company News

07 Jul: On Blackout Day, Best Buy Commits To Greater Support

For many years, the purchasing power and business ownership of Black Americans has increased while, at the same time, there has also been a movement to support Black businesses across the country. This effort has come to be known as Blackout Day and, this year, Best Buy joins many others in offering our support. That’s the encouraging news.

The unfortunate news is that as we looked to highlight the Black-owned businesses that we purchased consumer electronics or accessories from, we realized just how short that list is.

By John Vomhof Jr. Company News

01 Jul: Best Buy Scores 100% On Disability Equality Index

Best Buy has once again earned a perfect score of 100% on the Disability Equality Index (DEI), ranking among the leading companies on the list of Best Places to Work for Disability Inclusion.

The DEI is a prominent benchmarking tool for Fortune 1000 companies and leading law firms to gauge their level of disability workplace inclusion against competitors. The criteria include culture and leadership, enterprisewide access, community engagement, supplier diversity and employment practices, such as benefits, recruitment and retention.

At Best Buy, we believe that an accessible and inclusive workplace is vital to attracting and retaining the best talent and to delivering a great employee experience.

By Suzanne Hilker Company News Sustainability

22 Jun: Best Buy Unveils South Carolina Solar Field

Best Buy has cut our carbon footprint in half since 2009, and now we’re making our biggest commitment yet to renewable energy.

In collaboration with solar developer X-Elio and U.S. Bank, we are proud to unveil the Best Buy Solar Field in Martin, South Carolina. This project will produce 174,000 megawatt hours of clean electricity per year for the local power grid — enough to power the equivalent of 260 Best Buy stores for an entire year.

The Best Buy Solar Field underscores our commitment to enriching lives through technology.

By Best Buy Company News

19 Jun: A Juneteenth Message To Our Employees From Best Buy’s Chief Inclusion And Diversity Officer

Earlier this week, Best Buy announced that we will formally honor Juneteenth, a holiday not fully celebrated for far too long.

To mark this moment for employees, Best Buy’s Chief Inclusion and Diversity Officer Mark Irvin asked a few colleagues to join him in sharing a message about this important day.

By Best Buy Company News

18 Jun: Best Buy Supports SCOTUS Decision On DACA, Encourages Permanent Solution For ‘Dreamers’

Today’s Supreme Court decision is encouraging news for “Dreamers,” the approximately 700,000 undocumented young adults who were brought to the United States as children and are able to continue the lives they’ve always known in this country under the Deferred Action for Childhood Arrivals (DACA) program.

“Dreamers play an important role in our everyday lives as coworkers, business owners, friends and neighbors. They make an enormous, positive impact on American companies, communities and the economy, including as essential health care workers on the front lines of the COVID-19 pandemic,” said Best Buy Chief Executive Officer Corie Barry.

By Suzanne Hilker Company News

17 Jun: Best Buy Ranks High For Supply Chain Practices

Best Buy was the top-rated retailer in a new assessment of the supply chain practices at the largest global information and communications technology (ICT) brands.

We also ranked 10^th overall among the 49 companies included in KnowTheChain’s 2020 ICT Benchmark. KnowTheChain is a nonprofit that serves as a resource for companies and investors to understand and address the risks of forced labor in global supply chains.

Best Buy scored 52 out of 100, well above the average score of 30.

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By Kirsten Morell Company News Sustainability

16 Jun: Best Buy Rises On List Of 100 Best Corporate Citizens

Best Buy is proud to rank No. 46 on the 2020 list of the 100 Best Corporate Citizens, moving up 21 spots from last year.

This list recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest public companies in the U.S. Our ranking places us in the top 5% of all companies evaluated, and we ranked second in the retail category.

ISS ESG, the responsible investing research arm of Institutional Shareholder Services, compiled the list.

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By John Vomhof Jr. Company News

09 Jun: Best Buy To Invite More Shoppers Inside Stores, No Appointment Needed

Best Buy today announced that customers soon will be able to safely and freely shop at the majority of our stores without an appointment.

Starting June 15, more than 800 locations across the country will begin allowing a limited number of people inside. We’ll also continue to offer contactless curbside pickup and in-store consultations for those who prefer to shop that way.

“Throughout the pandemic, nothing has been more important to us than the safety of our customers and employees,” said Ray Sliva, president of retail.

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