Jb Hi Fi Sustainability Profile
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.
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.
Industry Benchmark
Jb Hi Fi's score of 26 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jb Hi Fi's reported carbon emissions
In 2024, JB Hi-Fi reported total carbon emissions of approximately 56,832,000 kg CO2e, a slight decrease from about 57,599,000 kg CO2e in 2023. The emissions data for both years encompasses Scope 1 and Scope 2 emissions, which are direct emissions from company-owned vehicles and natural gas usage, as well as emissions from purchased electricity. JB Hi-Fi has set ambitious climate commitments, aiming for net-zero direct carbon emissions by 2030. This target includes reductions in both Scope 1 and Scope 2 emissions, reflecting the company's commitment to sustainability and climate action. The initiative is part of a broader strategy to enhance environmental performance and reduce the carbon footprint associated with its operations. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. However, JB Hi-Fi's focus on achieving net-zero emissions by 2030 positions it as a proactive player in the retail sector's response to climate change. Overall, JB Hi-Fi's emissions reduction targets and ongoing efforts demonstrate a commitment to sustainability and responsible corporate practices in Australia.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 | - | - |
| Scope 2 | - | - | - | - | - | 00,000,000 | - | - |
| Scope 3 | - | - | - | - | - | - | - | - |
How Carbon Intensive is Jb Hi Fi's Industry?
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Jb Hi Fi's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Jb Hi Fi has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
