Best Buy

Broadline Retailers

BBY

$ 90 (1.2)%

Share price

$ 20 bn

Market Cap

$ 23 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.46x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

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

<2°C

GHG emissions and Carbon intensity

Best Buy reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 389 Kt (-12 /-3.1% y-o-y). Also positively, carbon intensity tumbled to 8.5 t (-2 /-19% y-o-y).

Best Buy's Scope 3 emissions grew to 24,182 Kt (+1,282/+5.6% y-o-y). The growth rate declined vs. the previous periods (CAGR +58% since 4Q'17).

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 FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	389	257	132	24,182
2020Q4	401	247	154	22,899	47,262	8.5
2019Q4	456	254	203	22,895	43,638	11
2018Q4	501	237	263	22,821	42,879	12
2017Q4	501	220	282	2,459	42,151	12

Best Buy

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Best Buy's carbon footprint

Company environmental metrics