Sustainability

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06 Feb: Forced Labor Not Acceptable

Best Buy is committed to the International Labour Organization (ILO) Core Conventions and will not stand for any practices that run counter to the Core Conventions, including forced labor.

We source our private label products from seven countries and approximately 185 factories that employ over 165,000 workers, of which fewer than 200 are foreign migrant workers (i.e., workers who travel temporarily from their home country for employment). As an active member of the Responsible Labor Initiative, we understand that forced labor conditions are a risk in some of these regions, especially for foreign migrant and other vulnerable workers.

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16 Dec: Here are 5 eco-friendly holiday gift ideas

Are you struggling to find the perfect gift for someone on your list? How about giving a gift you can feel good about giving – a sustainable one from Best Buy.

Here are a few products that are eco-friendly, meaning they’ll help save resources, reduce single-use containers or are made from recycled materials. They also use the latest technology, too.

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03 Dec: Best Buy named to Newsweek’s Most Responsible Companies list

Best Buy landed at No. 53 on America’s Most Responsible Companies list, published by Newsweek. In the first year of the ranking, we earned the third-highest score among retailers.

Being a responsible company has been a focus of Best Buy for more than a decade. We believe in taking care of the environment, treating people well and helping our communities stay strong. We are proud of the milestones we have reached so far, such as collecting more than 2 billion pounds of e-waste for recycling.

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14 Nov: Hubert Joly Links Business Purpose, Corporate Responsibility at BSR

A company’s ultimate purpose is to serve the common good, Best Buy Executive Chairman Hubert Joly said Wednesday at the annual conference of Business for Social Responsibility (BSR).

“The purpose of a company is not to make money,” he said. “It is to serve all of the stakeholders, including customers, employees, partners, vendors, the communities in which we operate, the environment and shareholders. The idea is that there is no trade-off, no need to choose between the various stakeholders.”

Hubert noted that businesses “do well by doing good” and that a company’s sustainability efforts are most impactful when they are connected to its business purpose and overall success.

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04 Nov: Best Buy Gift Cards Now 100% Paper

Just in time for the holiday season, Best Buy is proud to announce that 100% of our gift cards purchased in U.S. stores and online are now made of paper.

That means they’re recyclable in any curbside bin — a big win for the environment. We are one of only a handful of retailers to offer customers 100% paper gift cards.

This year we will have saved more than 70 tons of plastic from landfill (that’s the weight of about 35 cars)!

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29 Oct: Best Buy Funds $2.5 Million Scholarship for University of Minnesota’s Carlson School of Management Students

The new Best Buy Scholarship fund supports the pipeline of talent from Minnesota schools to areas of growth in tech-reliant careers.

 

MINNEAPOLIS, October 29, 2019 – Best Buy is teaming up with the University of Minnesota’s Carlson School of Management to help create brighter futures and make earning a degree more accessible for students. The new Best Buy Scholarship includes $2.5 million in funding – one of Best Buy’s largest education endowment gifts ever – for students pursuing tech-reliant careers in business.

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24 Oct: Best Buy’s first Give-Back Sale will help prepare teens for tech careers

Let the giving season begin. Starting today, Best Buy is giving its customers an opportunity to get a jumpstart on the season and support teens from underserved communities with its first Give-Back Sale.

Starting today and running through Oct. 27, 5% of profits from select sale items at Best Buy (in stores and online) will be donated to Teen Tech Centers — safe, after-school learning spaces equipped with cutting-edge technology where youth learn new skills, stay on track with school, nurture positive adult and peer relationships, and discover career pathways.

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19 Sep: Best Buy named to Dow Jones, FTSE4Good sustainability indices

These days, an important indicator for investors to rate the quality of a company is by how it positively impacts the environment and community. That’s why Best Buy is honored to be named to two prestigious indices based on our sustainability performance.

  • We have been named to the Dow Jones Sustainability Index (DJSI) for the ninth consecutive year. In addition to being included on the North America Index, we are one of only two U.S. retailers to be named to the Dow Jones World Index.
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17 Sep: Best Buy Community Grants bring career possibilities into focus

When Lesly Tobon first looked down the lens of a professional camera, something within her clicked. She began to get curious about the things on the other side of the lens, a fascination that developed into a college major and career aspirations she might not otherwise have imagined.

Because of the dedication of nonprofit organizations like The Friends of EXPO Center — where Lesly first got to test out camera technology — and the financial support of Best Buy Community Grants, she and thousands of students like her get to open doors that help them see what’s possible.

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16 Sep: Forbes Names Best Buy a Best Employer for New Grads

Best Buy is excited to be named to the 2019 Forbes list of Best Employers for New Graduates.

It’s our first time on the list, which identifies the companies that new members of the workforce like most and would recommend. While pay is a major factor, young professionals also look for development opportunities and a company that has a strong purpose and values.

At Best Buy, we’re focused on our employees’ growth and building a fun, fast-paced and inclusive culture. We’re a company with a purpose of enriching lives through technology and a philosophy of making a positive impact on our communities and environment.

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12 Sep: Best Buy celebrates Latinx employees across the company

At Best Buy, we know we’re at our best when we reflect our customer base and the population of the communities we serve.

In celebration of Hispanic Heritage Month, we’re highlighting a few of the many Latinx employees contributing to the success of our business and company culture.

Here are their stories.

Rudy Hernandez

Vice President, Retail Strategy and Optimization

Rudy Hernandez’s mother grew up in a loving Mexican-American family in Gary, Indiana. But there was limited opportunity there, and she was determined to find a better life.

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12 Sep: Detroit teens build community through technology

DETROIT — Earlier this summer, a group of teens fanned out across southwest Detroit with an assignment: Make a video that celebrates their neighborhood using every letter from A to Z.

So, they split up and illustrated landmarks by letter. For instance, C is for Clark Park. Then they took photos and video, learned how to do voice-overs and recorded them at the Best Buy Teen Tech Center. They’ll edit and aim to complete the video this fall.

“Once you get them going, they’ll learn and teach me,” said Francisco “Cisco” Tinoco, the center’s coordinator and ABC project assigner.