Best Buy Co Inc
Best Buy's GHG Emissions Data Preview
In 2024, Best Buy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Best Buy has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Best Buy's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Best Buy amounted to 475,941 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Best Buy decreased by 5.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Best Buy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Best Buy's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Best Buy were 209,440 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Best Buy reduced its Scope 1 emissions over time?
Since 2018, Best Buy's Scope 1 emissions have decreased by 4.64%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Best Buy's Scope 1 emissions decreased by 11.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Best Buy's Scope 2 emissions?
In 2024, Best Buy reported Scope 2 greenhouse gas (GHG) emissions of 105,120 tCOâ‚‚e using the market-based method, and 266,501 tCOâ‚‚e using the location-based method.
Has Best Buy reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Best Buy's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Best Buy 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Best Buy use for Scope 2 reporting?
In 2024, Best Buy reported its Scope 2 emissions using the market-based method and using the location-based method.
Best Buy's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Best Buy's Value Chain Emissions
In 2024, Best Buy reported 14,256,538 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Best Buy includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Best Buy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Best Buy's Scope 3 emissions?
In 2024, Best Buy reported total Scope 3 emissions of 14,256,538 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.38% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.62% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Best Buy reduced its Scope 3 emissions over time?
Since 2018, Best Buy's Scope 3 emissions have increased by 479.87%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Best Buy's Scope 3 emissions remained relatively stable, indicating that Best Buy 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Best Buy disclose?
In 2024, Best Buy reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Best Buy's Scope 3 emissions?
In 2024, the largest contributors to Best Buy's Scope 3 emissions were:
- Use of Sold Products (Cat. 11): 14,202,986 tCOâ‚‚e (99.62%)
- Business Travel (Cat. 6): 27,829 tCOâ‚‚e (0.2%)
- Waste Generated in Operations (Cat. 5): 24,125 tCOâ‚‚e (0.17%)
Best Buy's Scope 3 Emissions by Categories
Insights into Best Buy's Total Carbon Footprint
In 2024, Best Buy reported a total carbon footprint of 14,732,479 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Best Buy's total carbon footprint was Scope 3 emissions, accounting for 96.77% of the company's total carbon footprint, followed by Scope 2 emissions at 1.81%.