Today, we announced that we signed The Climate Pledge, a commitment to be carbon neutral across our business by 2040 — a decade faster than our previous goal of 2050.
The Climate Pledge was co-founded by Amazon and Global Optimism in 2019 to mobilize companies across multiple business sectors to reach net-zero carbon emissions by 2040, 10 years ahead of the United Nations’ Paris Agreement on Climate Change. By signing the pledge, we are joining businesses around the world, including Mercedes-Benz and Verizon, in making this commitment.
As a signatory of The Climate Pledge, we will:
- Measure and report greenhouse gas emissions on a regular basis.
- Implement decarbonization strategies in line with the Paris Agreement through real business change and innovations, including efficiency improvements, renewable energy, materials reductions and other carbon emission elimination strategies.
- Take actions to neutralize any remaining emissions with additional, quantifiable, real, permanent and socially beneficial offsets that achieve net-zero annual carbon emissions by 2040.
To achieve the goals outlined in the pledge, we will continue to drive energy efficiency programs across all of our stores, reduce transportation emissions, invest in permanent renewable energy sources and offer products to help customers reduce emissions 20 percent by 2030.
Since 2009, we have been working to reduce our carbon emissions and have achieved major milestones through our sustainability program. We have decreased our environmental impact by 55% with initiatives, including the introduction of a Geekmobile fleet comprised of hybrid vehicles and investing in Best Buy Solar Field, which generates enough clean electricity to power the equivalent of 260 Best Buy stores each year.
Additionally, we launched a new product category that helps customers reduce their carbon footprint, and we continue to operate an e-waste recycling program at our stores that has collected more than 2 billion pounds of electronics and appliances from customers.
We will continue to push forward in our efforts to take care of the planet and help our customers do the same.