Sustainability

CDP_1

04 Nov: Best Buy Achieves Coveted CDP Climate Change A List

Best Buy has been awarded a prized position on the CDP Climate A List for our efforts to reduce carbon emissions in the past year.

The commendation puts Best Buy in the top 5 percent of thousands of companies that submit annual emissions data and climate management strategies to CDP (formerly Carbon Disclosure Project).

We are in good company. Other corporate “A Listers” now include sustainability powerhouses and partners such as Apple, Google, LG, Microsoft, Samsung, Sony and Sprint.

The A List designation comes shortly after Best Buy set a new goal to reduce carbon emissions by 45 percent by 2020 and signed the American Business Act Pledge on Climate Change.

30175334A

27 Oct: Saving Trees One Box at a Time

Last year, Best Buy shipped more than 12 million packages to customers. That’s a lot of shipping boxes.

The cardboard we use is FSC-certified, meaning it comes from responsibly managed forests, but now we are using less of it. We recently “right-sized” our shipping boxes, which will save more than 440 tons of cardboard a year.

That means our customers are receiving packaging that is less wasteful. Our employees are experiencing a faster and easier packaging process. The company is seeing a reduction in costs associated with materials and labor.

ABA Image

19 Oct: Our Renewed Commitment to Act on Climate Change

Today we are proud that Best Buy is joining other leading U.S. companies in signing the American Business Act Pledge on Climate Change.

This is an historic moment for Best Buy. In our pledge, we committed to further advancing our efforts toward addressing this global challenge. Here’s what we said:

  • We will reduce our own carbon emissions by 45 percent by 2020 from operational reductions and renewable sourcing. This science-based goal builds on our 2014 achievement of a 26 percent reduction in carbon emissions within our operations.
Geek Squad van crop

21 Sep: My Geek Squad Ride-Along

Last week, I traded my cubicle for riding shotgun in a Geek Squad repair van. Geek Squad Repair Double Agent Bruce Anderson, of St. Louis, let me tag along with him for the day. I wanted to see firsthand how our employees handle environmental issues, but I witnessed a lot more than that.

At Best Buy, we are committed to continuously improving our environmental performance. We focus where we can make the most impact – such as reducing our carbon emissions in our operations and selling sustainable products.

14 Sep: Best Buy Named to Dow Jones Sustainability Index

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.

IMG_4059

26 Aug: Environmental Management is a Win-Win

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.

FTSE4GOOD

10 Jul: Best Buy Included in Prestigious FTSE4Good Index

Best Buy made the prestigious FTSE4Good Index for the second year in a row.

The index includes publicly traded companies with strong environmental, social and governance practices. FTSE4Good Indices are utilized by socially responsible investors and other stakeholders to measure sustainability performance. Best Buy received the highest possible score in the environment category, on the heels of announcing that we exceeded our 20 by 20 carbon reduction goal.

For a deeper dive into our sustainability practices, check out our Fiscal Year 2015 Corporate Responsibility & Sustainability Report here.

thumb

25 Jun: A Decade of Dedication

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.

Recycle tile 1

23 Jun: Best Buy Ranked 2nd Among Greenest Retailers

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.

Sustainability1Lighting_small_web

28 May: Best Buy’s Carbon-Reduction Efforts Commended by U.S. Department of Energy

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.