There’s nothing like the feeling of a brand new smartphone with the newest technology at your fingertips (not to mention the bragging rights) – and the feeling is even better if you can get some money back for the outdated one.
Recycling
Best Buy has been named to the Dow Jones Index for Sustainable Investing (DJSI) for the fifth consecutive year.
The Index is the official sustainability performance ranking of the largest 600 North American companies. It follows a best-in-class approach to measure and compare companies on environmental, social and corporate governance criteria. Investors around the world use it as a tool to evaluate leadership and make decisions about which companies they want to invest in.
This year, Best Buy increased its ranking in the retail category, scoring in the 88th percentile, 20 points above the average retail company.
Operating 1,400 stores across the U.S., Best Buy can have a huge environmental impact – and we want to make sure ours is a positive one.
The Best Buy Environmental Management System (EMS) has recently been re-certified to ISO 14001, a voluntary global standard of quality that reflects our commitment to the environment. Achieving ISO 14001 certification is a BIG undertaking. Why did we choose to go through the rigorous process?
The simple answer is: It’s good for business.
Implementing an EMS gives us the tools and structure to effectively and efficiently lessen our environmental impact.
Happy 10th Anniversary, Best Buy Sustainability Report!
We’ve come a long way since our first Corporate Responsibility & Sustainability report in 2006. During this journey, we have tried 50 different ways to make an infographic, coerced co-workers into posing for photos, dabbled in QR codes, and conquered GRI G4.
We’ve gone from “rah-rah” Best Buy to digging into serious issues that affect our business and the world. From E-waste Recycling to Human Rights, we have stayed true to our objective over the years – to positively impact our world.
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.
We are a big fan of ENERGY STAR® products – they save our customers money and they help the environment by using less energy. And we are proud to say that ENERGY STAR likes us, too.
The Environmental Protection Agency named Best Buy 2015 ENERGY STAR Partner of the Year – for the second year in a row.
Here are a few ways that we spread the good word about ENERGY STAR:
- Best Buy prominently features ENERGY STAR on BestBuy.com, where more than 1 billion visitors each year can learn about and identify ENERGY STAR certified products.
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.
MINNEAPOLIS – June 20, 2013: Best Buy is consistently recognized for its sustainability leadership by the retail and consumer electronics industries. With today’s release of the company’s Fiscal 2013 Corporate Responsibility & Sustainability Report, Best Buy further demonstrates its continued leadership role in positively impacting the world.
We hope you find this information useful. To view the full report, please visit www.bby.com/sustainability.
Media Contact:
Jeremy Baier
jeremy.baier@bestbuy.com