Best Buy

Best Buy's reported carbon emissions

Best Buy, operating in the Electronic Shopping and Mail-Order Houses industry, headquartered in the US, has outlined its climate commitments alongside its emissions data. For the reporting year 2025, Best Buy reported total emissions of approximately 15.9 billion kg CO2e. This figure comprises Scope 1 emissions of approximately 185.6 million kg CO2e, Scope 2 emissions of approximately 82.4 million kg CO2e (market-based), and Scope 3 emissions totalling approximately 15.7 billion kg CO2e. Key contributors to their Scope 3 emissions include purchased goods and services at approximately 3.0 billion kg CO2e and the use of sold products at approximately 12.6 billion kg CO2e. For the reporting year 2024, total emissions were approximately 14.5 billion kg CO2e, with Scope 1 emissions at about 209.4 million kg CO2e, Scope 2 at approximately 105.1 million kg CO2e (market-based), and Scope 3 at around 14.2 billion kg CO2e. Looking at earlier years, Best Buy's total emissions in 2022 were approximately 21.8 billion kg CO2e, including Scope 1 at about 236.3 million kg CO2e, Scope 2 at approximately 114.7 million kg CO2e (market-based), and Scope 3 at approximately 21.5 billion kg CO2e. In 2021, total emissions reached approximately 13.9 billion kg CO2e, with Scope 1 at about 257.0 million kg CO2e, Scope 2 at approximately 131.9 million kg CO2e (market-based), and Scope 3 at approximately 13.7 billion kg CO2e. Best Buy is committed to significant emissions reductions. The company has signed The Climate Pledge, aiming for carbon neutrality by 2040, a decade ahead of its previous 2050 goal. They have also set aggressive targets to reduce carbon emissions by 75% by 2030, based on a 2009 baseline. These reduction goals are in line with Science Based Targets initiative (SBTi) requirements, aimed at limiting global temperature increase to below 2°C. Specifically, Best Buy commits to reducing absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2017 base year. They also commit to reducing absolute Scope 3 GHG emissions from the use of sold products by 20% by 2030, also from a 2017 baseline. In prior years, Best Buy had goals such as a 20% reduction in absolute carbon emissions in North America by 2020 and a 45% reduction by 2020.