- Climate-related risks including impacts to revenue due to extreme weather events.
- Waste diversion rate slightly decreased due to reuse of wood pallets, decreased commodities for recycling, and updated methodology.
Best Buy Co., Inc.
Greenhouse gas emissions & sustainability report data
In its FY24 (ending February 3, 2024) reporting, Best Buy Co., Inc. disclosed greenhouse gas emissions of 13.7M tCO2e (FY24). By scope: Scope 1: 257.0K MTCO2e (FY24); Scope 2: 131.9K MTCO2e (market-based) (FY24); Scope 3: 13.7M MTCO2e (FY24). 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
13.7M tCO2e (FY24)
FY24 (ending February 3, 2024)
Water Usage
1.03 million m3 (FY24)
FY24 (ending February 3, 2024)
Waste
130.7M lbs (FY24)
FY24 (ending February 3, 2024)
Energy Use
1.7M MWh (FY24)
FY24 (ending February 3, 2024)
📊 Emissions by Scope (FY24 (ending February 3, 2024))
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 257.0K MTCO2e (FY24) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 131.9K MTCO2e (market-based) (FY24) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.7M MTCO2e (FY24) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| FY24 (ending February 3, 2024) | 13.7M tCO2e (FY24) |
| FY23 (ending Jan. 28, 2023) | 24.2M MTCO2e (Scope 3) |
| 2022 | 24.2M tCO2e/year (Scope 3) |
| 2021 | 22.9M tCO2e/year (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced operational carbon usage by 69% since 2009.
- Achieved 67% waste diversion in FY24 (working towards 85% by 2025).
- Reduced enterprise water usage by 17% since 2019 (achieved 2025 goal of 15% reduction).
- Achieved TRUE zero waste certification at 14 supply chain facilities.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water usage by 15% by 2025 (achieved)
- Achieve 85% waste diversion across U.S. operations by 2025.
📅 Medium-term
- Reduce carbon emissions by 75% by 2030 (over 2009 baseline).
- Help customers save $5 billion in energy costs by 2030.
🔭 Long-term
- Become carbon neutral by 2040.
🌱 ESG Focus Areas
Environmental SustainabilityEmployee Well-being and InclusionCommunity EngagementResponsible Business PracticesCorporate Governance