Best Buy
Broadline Retailers
BBY
$ 71 (3.2)%
Share price
$ 16 bn
Market Cap
$ 18 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
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 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.
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