Sustainability

23 Mar: Fewer Chemicals, Same Fire Safety for Insignia TVs

Note: This story has been updated.

Over the past several years, there has been heightened awareness about potentially hazardous chemicals in products. Consumers have become increasingly aware of what they put on their skin, handle on a daily basis and store in their homes. Some consumer electronics contain chemicals necessary to protect against immediate safety concerns like fire hazards. At Best Buy, we’re actively working to protect our consumers through safer alternatives or by eliminating potentially harmful chemicals.

With that in mind, we’re making improvements to our private label products.

By Best Buy Company News PR News Alerts Sustainability

20 Feb: Best Buy Helps Donate $9.7M to St. Jude Children’s Research Hospital®

Photos: Courtesy of St. Jude

This past holiday, Mary Collett’s Best Buy mobile store in Odessa, Texas, was a company-wide leader in contributing to the St. Jude Thanks and Giving^® campaign.

On Wednesday, she got to see first-hand all the good that money can do at St. Jude Children’s Research Hospital^®.

“Until you visit St. Jude, you don’t really grasp the immenseness of it all,” she said during the tour of the Memphis-based hospital. “There are so many staff members.

By Suzanne Hilker Sustainability

20 Feb: Brighter, Better and Energy Efficient: New Lights at 800 Best Buy Stores

We transitioned the stores from high wattage, high-bay metal halide fixtures (think old gymnasium lights) to more efficient, lower wattage fluorescent fixtures. It reduced our lighting energy usage by nearly half – the equivalent of removing more than 12,000 households from the grid. And it’s saving the company money.

This was a simple change that could be scaled across the chain, creating big results. It’s getting us much closer to our goal of reducing carbon emissions by 20 percent by 2020.

By Suzanne Hilker Sustainability

12 Jan: A Smart Home is also a Sustainable Home

Not only do Connected Home products make your life easier and provide peace of mind, they provide additional environmental benefits, turning your smart home into a sustainable one. Automating your home’s temperature, lighting and other appliances reduces wasted energy when you are not home and saves you money in the process. Going one step further, you can monitor and start conserving water when irrigating your lawn.

Smart Thermostats
They save energy and money by not heating or cooling an empty house.

By Best Buy Sustainability

08 Dec: Best Buy Strengthens Commitment to Sustainability Through Paper Policy

Best Buy is currently evaluating potential new paper suppliers as a way of increasing the number of vendors we rely on beyond our current primary supplier, Resolute Forest Products, from which we intend to meaningfully shift business and require to provide Forest Stewardship Council (FSC) certified paper. Our intention is to conduct business with companies that support sustainable forestry practices including those in the Canadian Boreal Forest. Clear preference will be awarded to companies that have earned FSC certification.

Building on our commitment to sustainability and the principle of continuous improvement, Best Buy will strengthen our paper procurement policy to ensure suppliers meet specific requirements for management of natural resources while minimizing environmental and social impacts.

By Suzanne Hilker Sustainability

10 Nov: How Best Buy Makes a Net Impact

Minneapolis was abuzz with nearly 2,000 “change-makers” looking to solve some of the world’s biggest problems at the 2014 Net Impact Conference. Net Impact is a leading nonprofit that empowers a new generation to use their careers to drive transformational social and environmental change and Best Buy proudly boasts the second corporate chapter in existence, putting us right in the middle of the conversation.

The three days were full of meaningful dialog with peers, thought-provoking presentations from experts in all facets of sustainability and ideation sessions with the best and brightest business students.

By Suzanne Hilker Company News Sustainability

28 Oct: A Few Tips for the House, On the House

Last year, Best Buy’s U.S. customers purchased more than 20 million ENERGY STAR® certified products, saving them upwards of $76 million in energy costs. That’s the carbon emission equivalent of taking 98,000 cars off the road. Seeing as October is Energy Awareness Month and chillier days aren’t far behind, here are a few tips for saving both energy and money.

Install a programmable thermostat in your house, which allows you to adjust the temperature when you’re not home
When shopping for a new TV or appliance, look for the ENERGY STAR mark to find the most energy-efficient products
Wash your laundry with cold water – your clothes will be just as clean
Replace old light bulbs with new energy-saving LEDs, which save up to $100 over the lifetime of the bulb
Use a “smart” power strip to avoid standby power – the energy used by some products when they are turned off but still plugged into a power/wall outlet
Disable “instant on” and “standby” modes when you are not using your gaming console

Products for your home that enable you to help manage your energy consumption, secure your home and do it all at the push of a button are available online at Connected Home on BestBuy.com,

By Suzanne Hilker Company News Sustainability

17 Sep: Best Buy Named to Prestigious Dow Jones Sustainability Index

For the fourth consecutive year, Best Buy has been named to the Dow Jones Index for Sustainable Investing (DJSI), the longest-running global sustainability rankings. The DJSI follows a best-in-class approach to measure and compare companies on environmental, social and corporate governance criteria. Used by investors around the world to evaluate leadership and risk management, the Index is the official sustainability performance ranking of the largest 600 North American companies.

Best Buy held its ranking in the retail category, scoring in the 84^th percentile, 18 points above the average retail company, a clear reflection of the company’s commitment to creating a thriving business while continuing to make a positive impact on the world.

By Best Buy Company News Featured Sustainability Uncategorized

23 Oct: Best Buy Gets Top Recycling Honors

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Best Buy received the first-ever eCycling Leadership Award from the Consumer Electronics Association. Best Buy was the only retailer and only one of four companies to receive the award, which recognizes consumer electronics companies that are recycling above and beyond any level mandated by government.

Best Buy has the most comprehensive appliance and electronics recycling programs in the U.S. We recycle 409 pounds of electronics each minute our stores are open and customers can recycle their electronics and appliances for free at any Best Buy location nationwide – no matter how old it is or where it was purchased.

By Best Buy Company News Featured Sustainability

01 Oct: Best Buy Offers 10 Tips to Reduce Energy Consumption

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How much energy do you consume? October is Energy Awareness Month and Best Buy is here to help you reduce your personal energy consumption and save money:

Know Your Energy Consumption. Awareness is the key and the U.S. EPA Home Energy Yardstick is a great way to find out where your home’s energy use is compared to similar homes and climates.

Find New Ways to Save Energy. The average home’s annual energy bill is $2,200 and energy-efficient products can save you money.

By Best Buy Company News Featured Sustainability

23 Sep: Best Buy Tops Retailers in Carbon Performance Rankings

Best Buy beat out all other retailers in the 2013 Standard & Poor’s 500 Index (S&P 500) Climate Change Report. The report ranks America’s largest companies’ actions to improving their impact on the environment. Best Buy received “Leadership” status for both performance and disclosure categories this year – the only retailer to receive both.

Best Buy has demonstrated its commitment to reducing its carbon footprint by using less energy in stores, finding more efficient ways to transport products, and reducing fuel used by Geek Squad vehicles.

By Best Buy Company News Sustainability

12 Sep: Best Buy Named to Dow Jones Sustainability Index

DJSI

Best Buy was named in the longest-running global sustainability rankings – the Dow Jones Index for Sustainable Investing. It measures company sustainability, which is how businesses operate socially, environmentally and economically. Best Buy increased its performance two points from last year and moved up the retail rankings from the 68^th percentile to the 84^th percentile. Compared with other retail companies in North America, Best Buy scored 20 points above the average.

The Index is the official sustainability performance ranking of the largest 600 North American companies.

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