sustainability

By Kirsten Morell Company News Sustainability

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.

By Suzanne Hilker Company News Sustainability

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.

By Suzanne Hilker Company News Sustainability

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.

By Suzanne Hilker Company News Sustainability

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.”

By Ale Valeriano Company News Sustainability

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.

By Suzanne Hilker Company News Sustainability

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 10^th 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.

By Best Buy Sustainability Technology

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.

By Suzanne Hilker Company News Sustainability

30 Oct: Best Buy Ranks No. 12 on Best ESG Companies List

We take great pride in how we treat our employees, our planet and the communities we serve — and that’s only become more important to us during the COVID-19 pandemic.

That’s why we’re honored to rank No. 12 on Investor’s Business Daily’s 2020 Best ESG Companies list, which recognizes the top 50 businesses that are “doing well for humankind and the environment, but also doing right for investors.” We’re this year’s top-ranked retailer.

The pandemic has magnified the importance of environmental, social and governance (ESG) practices.

family mother and child little helper in laundry room near washing machine

By Brynn Albrecht Sustainability Technology

02 Oct: Energy Efficiency Tips for Working From Home

As the COVID-19 pandemic continues, millions of people are spending more time at home. And that means they’re spending more on their home energy bills, too.

That’s why now is a great time to review ways to reduce your energy usage. There are many ways to live more sustainably and save on your electric bill while working, learning and entertaining yourself at home.

Here are a few tips to get you started.

Save energy in the laundry room

More time at home means more time for washing and drying clothes, which requires a lot of energy.

By Ale Valeriano Company News Sustainability

24 Sep: 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.

By Brynn Albrecht Company News Sustainability

14 Aug: The Buzz On Best Buy’s Beehives

Bees are an essential part of our food supply, pollinating more than one-third of the world’s crops. And Best Buy is committed to playing a small role in helping them thrive.

For the past three years, we have partnered with groups in the Minneapolis-St. Paul area to sponsor two beehives, each buzzing with about 70,000 honeybees.

The hives are part of Best Buy’s broader efforts to positively impact the world.

“Sponsoring these beehives is a great example of how we partner with others in the community to promote environmental sustainability,” said Tim Dunn, Best Buy’s head of environmental sustainability.

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