Best Buy today released our latest Corporate Responsibility & Sustainability Report, including two new sustainability goals as part of our Best Buy 2020 growth strategy.
This report is where we annually share our commitments and progress in the areas of community, people and the environment. We have seen increased interest from consumers and investors for companies to make a positive impact on the world.
For Best Buy, sustainability has been a been a priority for more than a decade, and we are proud of our successes, which not only benefit our stakeholders but make good business sense too. That said, we are going to do more.
To amplify our efforts, we have committed to:
- Prepare 1 million teens from underserved communities for tech-reliant jobs each year.
- Reduce our carbon emissions by 60 percent by 2020 (over a 2009 baseline) and achieve carbon neutrality by 2050. Our Corporate Responsibility & Sustainability Report also looks back on last year’s progress, and we are thrilled to share the following highlights:
- Opened six Best Buy Teen Tech Centers, bringing our total to 16 with plans for more than 60 by 2020.
- Achieved 51 percent absolute carbon reduction (over our 2009 baseline).
- Collected 178 million pounds of electronics and appliances for recycling, bringing our total to 1.7 billion pounds since the program started in 2009.
- Reported nearly 96 percent of smelters in our private-label manufacturing supply chain as conflict mineral-free. Click here to read the full report.
A new model for creating truly people-first brands
Join us as Mr. Goodvertising himself, Thomas Kolster, leads a workshop on his new Arrow model of brand transformation, along with tools to create relevance and avoid purpose-washing, at SB'21 San Diego — October 18-21.
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