Best Buy
Best Buy Co., Inc., commonly known as Best Buy, is a leading retailer in the consumer electronics industry, headquartered in Richfield, Minnesota, US. Founded in 1966, the company has evolved from a small audio specialty store into a major player in the retail sector, with a significant presence across North America. Best Buy offers a wide range of products and services, including electronics, appliances, and tech support, distinguishing itself through its knowledgeable staff and customer-centric approach. The company is renowned for its Geek Squad services, providing expert assistance and installation for various technologies. With a strong market position, Best Buy has consistently been recognised for its commitment to customer service and innovation, making it a trusted destination for tech enthusiasts and everyday consumers alike.
DitchCarbon Score
How does Best Buy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Best Buy's score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Best Buy's reported carbon emissions
In 2024, Best Buy reported total carbon emissions of approximately 14,256,538,000 kg CO2e globally, with emissions distributed across various scopes: 209,440,000 kg CO2e (Scope 1), 105,120,000 kg CO2e (Scope 2, market-based), and a significant 14,202,986,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its carbon footprint, aiming for a 75% reduction in absolute emissions by 2030 from a 2009 baseline, which aligns with the Science Based Targets initiative (SBTi) requirements. Best Buy is also committed to achieving carbon neutrality across its operations by 2040, a decade earlier than its previous target of 2050. This commitment includes a 50% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2017 base year, as well as a 20% reduction in Scope 3 emissions from the use of sold products by the same year. The company has made significant strides in its sustainability efforts, having previously met a goal to reduce carbon emissions in its operations by 60%. Best Buy's climate commitments reflect a proactive approach to addressing climate change, demonstrating its dedication to reducing its environmental impact while adhering to industry standards.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 240,525,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 791,171,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Best Buy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
