Best Buy Co., Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021

In its 2021 reporting, Best Buy Co., Inc. disclosed greenhouse gas emissions of 22.9M tCO2e/year (Scope 3). By scope: Scope 1: 246.9K tCO2e/year; Scope 2: 154.3K tCO2e/year; Scope 3: 22.9M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
22.9M tCO2e/year (Scope 3)
2021
💧
Water Usage
961.0K m3/year
2021
♻️
Waste
42.0M lbs/year (landfilled)
2021
⚙️
Energy Use
780.9K MWh/year
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).246.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.154.3K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).22.9M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water use 15% by 2025

📅 Medium-term

  • Reduce carbon emissions by 75% by 2030 (over 2009 baseline)
  • Reduce customers’ carbon emissions by 20% by 2030, saving $5 billion in utility costs

🔭 Long-term

  • Carbon neutral across our business by 2040

🌱 ESG Focus Areas

Climate ChangeDiversity, Equity & InclusionResponsible SourcingCommunity InvestmentData Privacy and SecurityEthical Business Practices

⚠️ Challenges & Risks +

  • Finding viable electric vans and trucks for in-home appointments and deliveries
  • Potential rebound in water usage as business operations return to pre-pandemic levels
  • Supply chain disruptions due to the COVID-19 pandemic
  • Addressing racial and social inequity

📋 Report Information

Reporting Period: 2021
Frameworks: GRI Standards: Core option, SASB, TCFD, SDGs, KnowTheChain, CDP
Assurance: Point380