After reducing its carbon emissions more than 50%, Best Buy said it is committing to achieve an even greater impact.
For the first time, the company has set a goal to help consumers reduce their carbon emissions by 20% and save $5 billion on utility costs by 2030, while it works to decrease its own emissions 75% over the same period. The new goals were announced by Best Buy at the Circularity19 conference in Minneapolis and are included in its latest corporate responsibility and sustainability report.
“Best Buy exists to help people enrich their lives through technology, which certainly embraces ecofriendly options that benefit our customers and planet,” said Alexis Ludwig-Vogen, Best Buy director of environmental sustainability and compliance. “We believe a combination of eco-friendly products and services, along with continued improvements in our own operations, can produce measurable results for everyone.”
Best Buy noted it will help consumers reduce emissions by 20% and save $5 billion on utility costs by 2030 by putting greater emphasis on Energy Star electronics, appliances and other energy-saving devices.
In its own operations, Best Buy will reduce carbon emissions 75% through efficiencies from renewable energy sources, LED lighting and a hybrid vehicle fleet, as well as investments in on-site solar panels, solar farms and Renewable Energy Credits (RECs). Automated technology in its distribution centers will further improve efficiency and reduce the amount of waste generated by shipping products to customers. New machines create custom boxes and shipping envelopes that fit the products being shipped, producing 40% less cardboard waste and eliminating plastic fillers.