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 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.
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.
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 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.