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Best Buy Co., Inc. ESG Profile (BBY): Is It Sustainable?

Updated on December 12, 2022

Our posts may contain links from our affiliate partners. This supports helps support the site as we donate 10% of all profits to sustainability organizations that align with our values. However, this does not influence our opinions or ratings. Please read our Terms and Conditions for more information.

Our (BBY) ESG Review

 Logo
$91.42
SymbolBBY
Price$91.42
52 Week High šŸ“ˆ$112.96
52 Week Low šŸ“‰$60.79
Earnings Per Share šŸ’µ6.68
Dividend Yield šŸ”3.9263804

Best Buy, Inc. (BBY) is a major retail company with a positive ESG (Environmental, Social, and Governance) score. The company’s commitment to impact through human rights, the environment, and corporate governance has been recognized by Net Impact. Best Buy’s ESG score is one of the best in the industry and reflects its commitment to creating a positive impact on society. They have taken steps to reduce their environmental footprint, increase access to technology for underserved communities, improve their supply chain practices, and prioritize diversity and inclusion in the workplace. Best Buy is also committed to preventing discrimination based on race, religion, gender identity/expression, sexual orientation, age, ethnicity, or disability. Their commitment to sustainability and social responsibility has earned them a high ESG score from Net Impact. This score puts Best Buy among the top retailers when it comes to creating a positive impact on society and protecting human rights.

What We Like
  • Strong focus on inclusion

  • Reducing environmental footprint

  • Supportive diversity and equality policies

What We Don't Like
  • Significant retail footprint

  • Need to improve supply chain practices

BBY ESG Summary

This is a summary of 's ESG scores from Sustainalytics, MSCI, and ESG Enterprise.

ESG Rating Agency Score or Rating
Sustainalytics 14
MSCI
ESG Enterprise

BBY
Sector: Consumer Cyclical
Industry: Specialty Retail
Employees: 57,750
Business Description

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing covering desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions, networking products, tablets covering e-readers, and wearables, such as smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company’s stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as beverages, snacks, and sundry items, as well as baby products, furniture, luggage, and sporting goods. In addition, it provides consultation, delivery, design, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and websites under the BestBuy, Best Buy Business, Best Buy Express, Best Buy Health, CST, Geek Squad, GreatCall, Lively, Magnolia, Pacific Kitchen, and Home, as well as the domain names bestbuy.com and greatcall.com. As of January 30, 2021, it had 1,126 large-format and 33 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Company
ExchangeNYQ
Address7601 Penn Avenue South
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FAQ

How much is (BBY) stock?

The current stock price of (BBY) is $91.42.

What is (BBY)'s ESG Score?

(BBY) has an ESG score of 14, , and as rated from Sustainalytics, ESG Enterprise, and MSCI, respectively.

Stocks

$91.42
Open $90.79
High $93.32
Close $89.65
Low $90.39
Volume 2,865,189

BBY ESG Scores 🌱
Sustainalytics 14
MSCI
ESG Enterprise

Buy for $91.42

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