Sustainability

Blog_Hero_CompanySustainability

21 Mar: How We’re Creating a More Sustainable Planet, Together

For decades, we’ve strived to create a more sustainable world for the communities we serve, because our customers and employees expect it and the planet demands it.

To do our part, we’ve set two ambitious environmental goals:

  • Reduce carbon emissions in our operations by 75% by 2030 (over 2009 baseline) and become carbon neutral by 2040.
  • Reduce carbon emissions for our customers by 20% by 2030 (over 2017 baseline), helping them save $5 billion on utility costs over the life of the ENERGY STAR products they buy.
Blog_Hero_ThermoHuman

21 Mar: Helping our customers reduce their carbon footprints

At Best Buy, we’re committed to reducing our impact on the planet. And we want to help our customers to do the same.

We know many people care about sustainability and want to use less energy at home.  So, we’re helping them reduce their carbon footprints and save money in the process.

In fact, we’ve set a goal to help our customers reduce their own carbon emissions 20% by 2030 through the use of ENERGY STAR certified products. That would also help them save more than $5 billion on their energy bills.

Blog_Hero_SustainabilityCollage

21 Mar: Sustainable Tech To Help You Go Green This Earth Month

April is Earth Month, and many of us are paying a little closer attention to our impact on the environment.

Best Buy assorts a wide variety of products that can help you live more sustainably. That means tech that helps you save energy, use less water and reduce waste.

Living more sustainably doesn’t have to mean changing your entire lifestyle. Just a few small adjustments can make a big difference.

Here are some examples of products that can help you do that.

ClimatePledge-White-scaled

02 Mar: Best Buy Signs The Climate Pledge, Accelerating Sustainability Goals

Sustainability has been at the core of what we do at Best Buy for decades, and now we’re making our biggest commitment yet to positively impact the planet.

Today, we announced we have signed The Climate Pledge, a commitment to be carbon neutral across our business by 2040 — a decade faster than our previous goal of 2050.

The Climate Pledge was co-founded by Amazon and Global Optimism in 2019 to mobilize companies across multiple business sectors to reach net-zero carbon emissions by 2040, 10 years ahead of the United Nations’ Paris Agreement on Climate Change.

FY21_Brand_Social_Exterior_6935.psd

23 Feb: Best Buy Tops Barron’s List of 100 Most Sustainable Companies

Best Buy is proud to rank No. 1 on Barron’s prestigious list of 100 Most Sustainable Companies for the second time.

We previously achieved this honor in 2019 and have now placed in the top five for four straight years. We ranked No. 5 last year.

This recognizes our company’s leadership across a comprehensive range of areas, from workplace diversity to carbon reduction. We aim to be a good corporate citizen in our interactions with all stakeholders, including employees, customers, vendors, our communities and the environment.

Climate-English-1

20 Feb: Best Buy Celebrates U.S. Re-Entry Into Paris Climate Agreement

As the U.S. officially re-enters the Paris Climate Agreement, Best Buy is reaffirming our support for the agreement and our commitment to fighting climate change.

The agreement, adopted by 196 parties at COP21 in 2015, is an international climate treaty to limit global warming to below 2 degrees Celsius. That’s a threshold that scientists warn we need to meet to avoid irreversible damage to the planet.

Last year, we joined more than 1,700 other organizations in support of the Paris Climate Agreement.

Blog_Hero_WeAreStillIn

10 Dec: Best Buy Says ‘We Are Still In’ to Paris Climate Agreement

Ahead of the fifth anniversary of the Paris Climate Agreement on Dec. 12, Best Buy has joined with more than 1,600 other organizations to sign onto the We Are Still In” joint statement in support of climate action.

The statement speaks to measures the incoming Biden administration can take, including and beyond re-entry into the Paris Climate Agreement. It emphasizes the need for just and equitable solutions for climate while providing economic recovery. Signatories include cities, universities, businesses, tribal nations and cultural institutions, spanning all 50 states.

Climate-English-1

08 Dec: Best Buy Named to CDP’s 2020 Climate A List

Best Buy has been named to CDP’s prestigious Climate A List for the fourth consecutive year, demonstrating our continued leadership in addressing climate change.

The recognition is based on our actions to cut emissions, mitigate climate risks and foster the development of a low-carbon economy. We are one of only five retailers on the list.

“We are a purposeful, values-driven company,” said Hugh Cherne, associate director of sustainability at Best Buy. “Our decade-long CDP engagement has led to a deeper understanding of climate risks and opportunities, and it has reinforced our commitment to safeguard our communities’ well-being.”

Blog_Hero_MostResponsible-

02 Dec: Best Buy Earns Top Retailer on Newsweek Most Responsible Companies List

Best Buy has been named to Newsweek’s list of America’s Most Responsible Companies 2021, and we’re proud to be the top retailer on the list.

We jumped to No. 22 in the ranking, up from No. 53 last year. We earned a score of 87.3 out of 100, just a few points back from the top score of 93.2.

Being included on the list demonstrates our commitment to corporate responsibility and sustainability. The pandemic has underscored the need to focus on the issues most important to our stakeholders while keeping our customers, employees and customers safe.

default

17 Nov: Best Buy Focuses on Clean Energy with New Solar Project

For more than a decade, we’ve been focused on building a more sustainable world for the communities we serve, and today we’re announcing our biggest commitment yet to renewable energy. 

In partnership with U.S. Bank and Longroad Energy, we’re proud to be part of the Little Bear Solar Project in Fresno County, California. It’s set to produce 480,000 megawatt hours of electricity annually for the local power grid, enough to power the equivalent of approximately 715 Best Buy stores.

“Sustainability is at the core of what we do, and we are proud to be making an investment that will have a positive impact on our communities and the environment,” said Tim Dunn, head of environmental sustainability at Best Buy.

Blog_DJSI

16 Nov: Best Buy Celebrates Decade on Dow Jones Sustainability Index

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.

10BBY_CorieBarry

13 Nov: Best Buy customers are part of the solution to e-waste

[November 15 is America Recycles Day. At Best Buy, we aim to positively impact the world, enrich people’s lives through technology and contribute to the common good. We demonstrate this through our commitment to communities, people and the environment.]

The laptop, phone or tablet you’re reading this on might become part of an airplane one day — that is, if you recycle it.

At Best Buy, we have helped our customers recycle more than 2 billion pounds of electronics and appliances since 2009, making us the largest retail collector of e-waste in the United States.