Public Profile

Jb Hi Fi

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.

DitchCarbon Score

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.

5

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

Jb Hi Fi's score of 5 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

Jb Hi Fi's reported carbon emissions

In 2023, JB Hi-Fi reported total carbon emissions of approximately 57,599,000 kg CO2e, a reduction from about 63,241,000 kg CO2e in 2022. This trend continues a decrease from about 64,847,000 kg CO2e in 2021 and 66,776,000 kg CO2e in 2020. The emissions reported encompass Scope 1 and 2, which are direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. JB Hi-Fi has demonstrated a commitment to reducing its carbon footprint, achieving a significant reduction of about 7,258,000 kg CO2e from 2021 to 2023. However, there are currently no publicly disclosed reduction targets or climate pledges under the Science Based Targets initiative (SBTi) or other frameworks. The company continues to focus on sustainability initiatives, although specific details on future commitments or strategies have not been provided.

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20202021202220232024
Scope 1
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-
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-
-
Scope 2
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-
-
-
-
Scope 3
-
-
-
-
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Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Jb Hi Fi'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. Jb Hi Fi is headquartered in AU, which has a rank of very high, indicating very high 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.

Jb Hi Fi is not committed to any 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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