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.
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.
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.
Best Buy's score of 41 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2022, Best Buy's global carbon emissions included approximately 236,269,000 kg CO2e from Scope 1, 114,658,000 kg CO2e from Scope 2, and 14,097,974,000 kg CO2e from Scope 3. In the United States, the company reported about 221,055,000 kg CO2e in Scope 1 and 106,976,000 kg CO2e in Scope 2 emissions. Best Buy has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2017 as the base year. Additionally, the company targets a 20% reduction in absolute Scope 3 emissions from the use of sold products by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Best Buy is also a signatory of the Climate Pledge, reinforcing its commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2009 | 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 |
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 committed to some reduction initiatives 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.