sustainability

By Best Buy Company News

13 Mar: Best Buy recognized as one of the 2023 World’s Most Ethical Companies®

Best Buy is honored to be included for a ninth year on Ethisphere’s list of World’s Most Ethical Companies®. We are one of three retailers to make the 2023 list.

The Ethisphere list recognizes companies based on culture, environmental and social practices, ethics and compliance activities, governance, and diversity initiatives.

Here are some of the efforts that contributed to our inclusion:

We continued our yearly employee Code of Ethics training for all employees. This required course contains examples of real-life, everyday situations that they might face and helps guide their decision-making.

By Best Buy Company News

08 Mar: Best Buy makes Barron’s 100 Most Sustainable Companies list for 6th time

Best Buy is proud to be named as one of Barron’s 100 Most Sustainable U.S. Companies for the sixth year in a row.

This year, we’re the top-ranked retailer, coming in at No. 7. We’ve ranked in the Top 10 since the list came out in 2018.

Barron’s looks at the 1,000 largest publicly held companies in the U.S. and ranks them on more than 230 performance indicators. This includes workplace diversity, carbon reduction, how companies performed for key stakeholders, community engagement and more.

By Kish Daniels Company News

01 Feb: Best Buy named top retailer on 2023 JUST 100 list

Best Buy has been named to the JUST 100 list for the third year in a row, and we’re proud to be the top retailer on the 2023 list.

The JUST 100 list evaluates and ranks nearly 1,000 of the largest publicly traded companies in the U.S. on such issues as how a company invests in its workers, supports its communities and minimizes environmental impact.

JUST Capital and its partners compile the annual list by polling 3,000 Americans to identify issues they think companies should focus on most.

By Emily Gaylord Lifestyle

03 Jan: Best Buy brothers run Minneapolis vintage apparel store

Brothers Luis and Salvador Salado-Herrera balance full-time Best Buy careers with running their own vintage streetwear store with their younger brother, Daniel.

The store, called Bro Bros Closet, has expanded over the last seven years from an online-only operation to a physical location in south Minneapolis where the brothers focus on building relationships with customers and their community.

“When we’re able to help customers find a nostalgic item or something that brings a smile to their face, that’s the most rewarding thing,” Daniel said.

By Best Buy Company News

14 Dec: Best Buy earns awards for sustainability

As a company, Best Buy aims to protect the environment, conserve natural resources, and prevent pollution. To do so, we continue to act year-round to do better for the planet, our employees, customers, and the communities we serve.

Since 2009, we have achieved major milestones in our sustainability programs by:

Reducing our carbon emissions by 62%
Recycling more than 2 billion pounds of electronics and appliances
Offering a wide variety of sustainable products to help customers reduce their carbon emissions

Over the past year, we have been recognized for our efforts.

By Ale Valeriano Company News

13 Dec: Best Buy makes CDP’s 2022 Climate A List for sixth year

Best Buy is proud to be named to CDP’s prestigious Climate A List for the sixth consecutive year for our bold actions to take care of our communities and the planet.

We have been recognized as a leader by CDP as a result of our efforts tackling climate change and accelerating our environmental goals. This year’s recognition is based on our actions to cut emissions, mitigate climate risks and drive a low-carbon economy.

“We are proud to be recognized as an environmental leader for our ongoing work to create a more sustainable future for our communities,” said Tim Dunn, Best Buy’s head of environmental sustainability.

By Best Buy Company News

13 Dec: Best Buy expands exclusive Upgrade+ program to include select iMac and Mac Studio models

Building on early excitement, expanded program makes it easy for customers to experience the latest Mac desktops and laptops for an affordable, low monthly payment

During a time where customers are looking for affordability, we’re excited to announce that our Upgrade+ program, powered by Citizens Pay®, now includes the latest versions of select iMac and Mac Studio desktop computers.

Back in October, Best Buy in collaboration with Apple announced a first-of-its-kind upgrade program called Upgrade+, making it easy for customers to experience and upgrade to the latest Mac laptops with Apple silicon, including MacBook Air and MacBook Pro, for an incredibly affordable monthly payment.

By Best Buy Company News

07 Dec: Best Buy makes Newsweek’s 2023 Most Responsible Companies list

Best Buy is proud to be named to Newsweek’s list of America’s Most Responsible Companies for the fourth year in a row.

Newsweek compiles this list in partnership with Statista to recognize the 500 most responsible companies in the U.S. across 14 industries. It’s based on publicly available environmental, social and governance data and an independent survey of U.S. residents.

Our individual environmental score was also 92.50, making us the top retailer in that category. We earned an overall score of 76.90 out of 100, ranking No.

By Ale Valeriano Lifestyle

26 Oct: Celebrate Energy Awareness Month all year with Best Buy

October is Energy Awareness Month, and Best Buy is here to help you celebrate by finding products to help reduce your carbon footprint.

From introducing small daily habits to making your whole house more energy efficient, we have a variety of options that can conserve energy, save money and protect the environment.

In fact, we’ve set a goal to help our customers reduce their carbon emissions 20% by 2030 through ENERGY STAR-certified products. This will also help save more than a collective $5 billion on customer energy bills.

By Ale Valeriano Company News

15 Sep: Best Buy launches protective cases with sustainable packaging for new iPhone 14 lineup

Our sustainability journey has pushed us to continually find new ways to innovate within our operations and beyond. That includes making Best Buy’s exclusive brand products and the packaging they come in more sustainable.

We’re launching an expansive line of protective cases for the new iPhone 14 lineup, and there’s something special about the packaging they come in: it’s being made with sustainably sourced paper that is certified by the Forest Stewardship Council® (FSC®). The phone cases are the largest lineup yet of Best Buy exclusive brand products to get the eco-friendly packaging.

By Best Buy Lifestyle

14 Sep: Best Buy’s Hugh Cherne makes sustainability a lifestyle

Over 50 years ago, on April 22, 1970, the first celebration of Earth Day took place. More than 20 million Americans gathered to celebrate a day that would mark the anniversary of the birth of the modern environmental movement.

Hugh Cherne was in the crowd that day, and at the time didn’t know the profound impact it would have on his future career or that it would lead him to Best Buy. Now the company’s associate director of sustainability, the day lives on in Hugh’s memory as one that helped shape him into who he is today.

By Brynn Albrecht Company News

16 Aug: Best Buy reduces water consumption 24% since 2019

Water scarcity is a growing issue nation-wide. That’s why we are taking steps to reduce our water consumption and help our customers do the same.

By monitoring our water consumption across our business, we are proud to share that we have reduced our water usage across the company by 24% since 2019. From our stores to distribution centers and headquarters in Minnesota, we are committed to sustainably managing the water we use to help the planet.

Here’s a quick look at steps we’ve taken to achieve our goal to reduce the amount of water we use across our business.

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