Best Buy’s director of environmental sustainability and compliance, Alexis Ludwig-Vogen, will be attending COP24.
Carbon
Best Buy today released our latest Corporate Responsibility & Sustainability Report, including two new sustainability goals as part of our Best Buy 2020 growth strategy.
Best Buy has been recognized as a global leader in addressing climate change, securing a spot on the prestigious CDP Climate A List for the second time.
CDP released its S&P 500 Annual Report, including the Carbon Disclosure Leadership Index, in which Best Buy received the maximum score of 100. Adding to our “A” designation for our carbon reduction program, Best Buy achieved a perfect score.
It’s not easy being green, a wise frog once said. But shouldn’t it be easy?
At Best Buy, we believe being sustainable is good for business, and we have proof. Contrary to the old adage that it costs more to be “green” – it really can save money. Our recent 20% carbon reduction attainment saved Best Buy more than $50 million. Our leaders get it – they made sustainability a priority even through the Company’s turnaround.
It’s also easy to say you’re a “green” company.
Best Buy’s five-year-long drive to reduce its carbon footprint by at least 20 percent by 2020 was recognized as an unparalleled retailer achievement at U.S. Department of Energy (DOE) White House ceremonies in Washington, D.C., on Wednesday night.
The reduction is part of the company’s effort to address climate change.
Thanks to a combination of an industry-leading energy management system, store lighting retrofit and improved fleet and distribution practices, Best Buy was commended for exceeding its goal and reducing emissions by 26 percent since 2010.