Best Buy

Broadline Retailers
BBY
$ 71 (3.2)%
Share price
$ 16 bn
Market Cap
$ 18 bn
Enterprise Value

Carbon footprint

22 Ton
GHG emissions per $ 1 mln investment
0.79x the weighted average for S&P 500
FY2020
How is this calculated?
-12%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Best Buy aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2017


<2°C
Best Buy's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Best Buy's GHG emissions (market-based) (Kt of CO2e)
Best Buy's Carbon intensity (Tons per 1 USDm)

Best Buy's carbon footprint

Best Buy reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 401 Kt (-55 /-12.1% y-o-y). Also positively, carbon intensity plunged to 8.5 t (-2 /-19% y-o-y).

Best Buy's Scope 3 emissions remained flat at 22,899 Kt. The growth has slowed compared to the trend since 4Q'17 (CAGR +75%).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2017, which translates into the estimated reduction of -15 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Company environmental metrics

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