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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.
+42 vs industry average
Best Buy’s score of 62 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electronic Shopping and Mail-Order Houses has below-average carbon intensity
The Electronic Shopping and Mail-Order Houses industry has reduced its overall emissions by 28% since 2018
Scope 3 accounts for ••• of total emissions.
Best Buy, a US-based Electronic Shopping and Mail-Order Houses company, reported total carbon emissions of approximately 16.0 billion kg CO2e in 2025. This includes Scope 1 emissions of 185.561 million kg CO2e, market-based Scope 2 emissions of 82.445 million kg CO2e, and Scope 3 emissions of 15.732 billion kg CO2e. For its Scope 3 emissions, key contributors in 2025 were the use of sold products (12.644 billion kg CO2e) and purchased goods and services (2.978 billion kg CO2e).
Looking back, in 2024, Best Buy's total carbon emissions were approximately 14.519 billion kg CO2e, comprising 209.440 million kg CO2e from Scope 1, 105.120 million kg CO2e from market-based Scope 2, and 14.203 billion kg CO2e from Scope 3. In 2022, the company's total carbon emissions were about 21.836 billion kg CO2e, with Scope 1 at 236.269 million kg CO2e, market-based Scope 2 at 114.658 million kg CO2e, and Scope 3 at 21.484 billion kg CO2e.
Best Buy has set ambitious climate commitments, including becoming carbon neutral across its business by 2040, a decade earlier than its previous 2050 goal, as part of The Climate Pledge. The company has a Science Based Targets initiative (SBTi) approved near-term target to reduce absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030, using a 2017 base-year. Additionally, Best Buy commits to reducing absolute Scope 3 GHG emissions from the use of sold products by 20% by 2030, also from a 2017 base-year. Previous targets included a goal set in 2019 to reduce carbon emissions in its operations (Scope 1 and Scope 2) by 75% by 2030 against a 2009 baseline.
2030
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…
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Common questions about Best Buy’s sustainability data and climate commitments
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