“Sustainability is embedded in everything we do,” Best Buy Chairman and CEO Hubert Joly said. “It starts with the company’s philosophy to contribute to the common good and our purpose to enrich lives through technology by addressing key human needs.”
This prestigious honor reflects more than a decade of work contributing to the common good. Examples include:
1. Collecting nearly 2 billion pounds of appliances and electronics through our comprehensive e-waste recycling program.
2. Reducing our carbon emissions by 51 percent since 2009, well on our way to our goal of 60 percent.
3. Expanding our network of Teen Tech Centers to 22 locations and making great progress toward our goal of 60 Teen Tech Centers by the end of 2020. These facilities are preparing teens from underserved communities for the tech-reliant jobs of the future.
4. Adding new employee benefits to include enhanced mental health coverage, backup child care, caregiver leave and paid time off for part-time employees.
How Barron’s created its list
The Barron’s ranking began with the 1,000 largest publicly held companies in the U.S.
It then applied and weighted more than 300 performance indicators for each company on topics that included community engagement. As well as human rights, carbon emissions, business ethics and more.
Barron’s is a leading source of financial and investment news. It teamed with Calvert Research and Management, a prominent sustainable investing firm, to produce the ranking.