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.
+3 vs industry average
Jb Hi Fi’s score of 38 is higher than 62% 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
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Jb Hi Fi's reported carbon emissions
In 2024, JB Hi-Fi reported total carbon emissions of approximately 56.8 million kg CO2e, which includes emissions from Scope 1 and Scope 2 sources. In 2023, the company recorded a slightly higher total of about 57.6 million kg CO2e. The emissions data for Scope 1 and Scope 2 in 2022 was approximately 63.2 million kg CO2e, with Scope 1 contributing about 0.4 million kg CO2e and Scope 2 approximately 62.8 million kg CO2e. JB Hi-Fi has set ambitious climate commitments, aiming for net-zero direct carbon emissions by 2030. This target encompasses reductions in both Scope 1 emissions, which arise from company-owned vehicles and natural gas usage in stores, and Scope 2 emissions, related to purchased electricity for their operations. The company is actively working towards achieving these goals, with a focus on reducing emissions across all relevant scopes. The emissions data is sourced directly from JB Hi-Fi Limited, with no cascading from a parent organization. The company is committed to transparency in its sustainability efforts, as evidenced by its detailed reporting in sustainability documents.
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Jb Hi Fi’s Climate Goals (2030 & 2050)
3 goals2030
1% reduction in all scopes
Working towards net zero direct (scope 1 & 2) carbon emissions by 2030
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
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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Jb Hi Fi
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