JB Hi-Fi, officially known as JB Hi-Fi Limited, is a leading Australian retailer headquartered in Melbourne, Victoria. Established in 1974, the company has grown to become a prominent player in the consumer electronics and home entertainment industry, with a strong presence across Australia and New Zealand. Specialising in a wide range of products, JB Hi-Fi offers everything from televisions and audio equipment to computers and gaming consoles. Its unique business model focuses on providing competitive pricing and a vast selection, making it a go-to destination for tech enthusiasts and everyday consumers alike. With a reputation for exceptional customer service and a commitment to innovation, JB Hi-Fi has achieved significant milestones, including being listed on the Australian Securities Exchange. The company continues to solidify its market position as a trusted name in electronics retail, consistently adapting to the evolving needs of its customers.
How does Jb Hi Fi'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.
Jb Hi Fi's score of 12 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, JB Hi-Fi reported total carbon emissions of approximately 56,832,000 kg CO2e, reflecting a continued commitment to reducing its environmental impact. This figure represents a decrease from 57,599,000 kg CO2e in 2023 and 63,241,000 kg CO2e in 2022, showcasing a positive trend in emissions reduction over the past few years. The company's emissions are classified under Scope 1 and 2, which encompass direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Despite these reductions, JB Hi-Fi has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing its carbon footprint. The absence of documented climate pledges or science-based targets indicates that while the company is making strides in emissions reduction, there is potential for more structured commitments to climate action. Overall, JB Hi-Fi's emissions data highlights a proactive approach to sustainability, with a focus on reducing its carbon emissions year-on-year. However, the company may benefit from establishing clearer climate commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
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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.
Jb Hi Fi is not participating in any 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.