Best Buy
Best Buy Co., Inc., commonly known as Best Buy, is a leading retailer in the electronic shopping and mail-order houses industry, headquartered in the United States. Founded in 1966, the company has established itself as a prominent player in the consumer electronics market, with a strong presence across North America.
Best Buy offers a diverse range of products and services, including electronics, appliances, and tech support, setting itself apart with its knowledgeable staff and customer-centric approach. The company has achieved significant milestones, such as the expansion of its online shopping platform and the introduction of innovative services like Geek Squad.
With a reputation for quality and reliability, Best Buy continues to hold a strong market position, recognised for its commitment to customer satisfaction and its extensive selection of cutting-edge technology.
+44 vs industry average
Best Buy’s score of 62 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electronic Shopping and Mail-Order Houses has below-average carbon intensity
Industry performance
The Electronic Shopping and Mail-Order Houses industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Best Buy's reported carbon emissions
Best Buy's carbon emissions data for the 2025 fiscal year shows a total of approximately 15.9 billion kg CO2e. This figure is derived from Scope 1, 2, and 3 emissions, with Scope 3 emissions accounting for the vast majority, at approximately 15.7 billion kg CO2e. Scope 1 emissions were around 185.6 million kg CO2e, and Scope 2 emissions, using the market-based method, were approximately 82.4 million kg CO2e. For the 2024 fiscal year, Best Buy reported total emissions of about 14.5 billion kg CO2e, with Scope 3 emissions being approximately 14.2 billion kg CO2e.
Best Buy has set ambitious climate commitments, including a pledge to be carbon neutral by 2040, which is a decade ahead of its previous 2050 target. This aligns with its signing of The Climate Pledge. Furthermore, the company aims to reduce its carbon emissions by 75% by 2030, measured against a 2009 baseline. This target adheres to the Science Based Targets initiative (SBTi) requirements, aiming for reductions consistent with keeping global temperature increases below 2°C. The SBTi also indicates commitments to reduce absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2017 base year, and absolute Scope 3 GHG emissions from the use of sold products by 20% by 2030 from the same 2017 base year. Previous goals included reducing absolute carbon emissions by 45% by 2020 and a '20 by 20' goal of reducing absolute carbon emissions in North America by 20% by 2020.
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Best Buy’s Climate Goals (2030 & 2050)
3 goals2030
20% reduction in scope 3 total
American multinational consumer electronics retailer Best Buy commits to reduce absolute Scope 1 and Scope 2 GHG emissions 50% by 2030 from…
2030
50% reduction in Scope 1
American multinational consumer electronics retailer Best Buy commits to reduce absolute Scope 1 and Scope 2 GHG emissions 50% by 2030 from…
2030
50% reduction in Scope 2
American multinational consumer electronics retailer Best Buy commits to reduce absolute Scope 1 and Scope 2 GHG emissions 50% by 2030 from…
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Best Buy’s sustainability data and climate commitments
Data year: 2025
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