Best Buy Co., Inc.
Industry Group: Retailing
Country/Region: United States of America
Identifier: NYS:BBY
With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American market and north of 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Retailing 81 out of 471
Universe
Global Universe 1224 out of 15094
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Best Buy Co., Inc. |
13.7
Low
|
81 out of 471 |
| JB Hi-Fi Ltd. |
14.4
Low
|
99 out of 471 |
| Dixon Technologies (India) Ltd. |
16.2
Low
|
161 out of 471 |
| Mobile World Investment Corp. |
21.7
Medium
|
353 out of 471 |
| Hikari Tsushin, Inc. |
23.4
Medium
|
402 out of 471 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Best Buy Co., Inc.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Best Buy Co., Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
