Best Buy
Best Buy Co., Inc., commonly known as Best Buy, is a leading retailer in the consumer electronics industry, headquartered in Richfield, Minnesota, US. Founded in 1966, the company has evolved from a small audio specialty store into a major player in the retail sector, with a significant presence across North America. Best Buy offers a wide range of products and services, including electronics, appliances, and tech support, distinguishing itself through its knowledgeable staff and customer-centric approach. The company is renowned for its Geek Squad services, providing expert assistance and installation for various technologies. With a strong market position, Best Buy has consistently been recognised for its commitment to customer service and innovation, making it a trusted destination for tech enthusiasts and everyday consumers alike.
DitchCarbon Score
How does Best Buy'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
Best Buy's score of 61 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Best Buy's reported carbon emissions
In 2024, Best Buy reported total carbon emissions of approximately 14,256,538,000 kg CO2e across all scopes. This includes 209,440,000 kg CO2e from Scope 1, 105,120,000 kg CO2e from market-based Scope 2 emissions, and a significant 14,029,986,000 kg CO2e from Scope 3 emissions, primarily from the use of sold products. Best Buy has set ambitious climate commitments, aiming to reduce its absolute carbon emissions by 75% by 2030, using a 2009 baseline. This target aligns with the Science Based Targets initiative (SBTi) requirements, which are designed to limit global temperature rise to below 2°C. Additionally, the company has committed to achieving carbon neutrality across its operations by 2040, a decade earlier than its previous target of 2050. In terms of specific reduction targets, Best Buy aims to cut its Scope 1 and Scope 2 emissions by 50% by 2030 from a 2017 baseline, while also targeting a 20% reduction in Scope 3 emissions from the use of sold products by the same year. These initiatives reflect Best Buy's proactive approach to addressing climate change and reducing its overall carbon footprint.
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| 2009 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 240,525,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 791,171,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Best Buy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
