Public Profile

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.

41

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.

21

Industry Benchmark

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.

95%

Best Buy's reported carbon emissions

In 2022, Best Buy reported total carbon emissions of approximately 236,269,000 kg CO2e for Scope 1 and 114,658,000 kg CO2e for Scope 2, while Scope 3 emissions reached about 14,097,974,000 kg CO2e. The company 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, Best Buy targets a 20% reduction in absolute Scope 3 emissions from the use of sold products by the same year. Best Buy's emissions data reflects a commitment to sustainability, with a focus on significant reductions across all scopes. The company is actively participating in the Science Based Targets initiative (SBTi), aligning its goals with the global aim to limit warming to 1.5°C. As part of its climate strategy, Best Buy has also signed the Climate Pledge, reinforcing its dedication to environmental responsibility.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20092017201820192020202120222024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Best Buy's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Best Buy is headquartered in US, which has a rank of low, indicating low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers