In August 2019, the Business Roundtable declared that the purpose of business is to serve all stakeholders, not just shareholders. This fit in well with the vision of purposeful leadership that Hubert Joly had promoted during his time as Best Buy's CEO.
In a world where big-box retailers are falling to online giants, Best Buy has managed to thrive.
Earlier this week, Best Buy announced a Science-Based Target (SBT) to help consumers reduce their carbon emissions by 20 percent and save $5 billion on utility costs. In its own operations, Best Buy will reduce carbon emissions by 75 percent.
When we began brainstorming with HP about the idea of creating a printer using plastic from our recycling program—creating a closed loop—we knew it would be a challenge. It took several years for both companies to bring the strategic vision to life by building the process and developing the new products.
HP is creating a closed loop recycling program for hardware gadgets.
Not much can beat the thrill of opening the latest new gadget during the holidays. But that excitement often comes along with a pang of guilt. What to do with your old hardware, and how do you recycle it responsibly?
It was a similar concern that got HP’s sustainability gurus, Jean Gingras and Dean Miller talking with a few Best Buy leaders at a dinner in 2016.
Best Buy’s 12,000 employees are enjoying the retailer’s new employee giving program that matches 40 per cent of their donations to registered Canadian charities. The retailer’s new open giving program, called ‘myGiving’ launched in June.
'I Want To Be Recycled' Campaign Welcomes Best Buy to Growing List of National Partners to Promote Packaging Recycling During Busy Holiday Shopping Season
NEW YORK, July 6, 2016 /3BL Media/ - The 'I Want To Be Recycled' campaign, a national initiative of longtime nonprofit partners Keep America Beautiful and the Ad Council, today announced a new partnership with Best Buy to remind consumers to recycle shipping and product packaging this holiday season.
Demands for conict minerals reporting on the global supply chain are increasing.
In addition to existing US legislation and customer requirements, legislation in Europe and China is pending. At the 2016 AIAG Conflict Minerals Industry Briefing V, you will gain insights from thought leaders, OEMs and suppliers that will affect your company in the year ahead. This three-hour event will provide you an update on industry strategies and best practices, IPSA Audits and Smelter Engagement Activities.
Consumer Awareness Campaign and Sweepstakes Highlight Benefits of Upgrading to ENERGY STAR Certified Refrigerators
NEW YORK, April 27, 2016 /3BL Media/ – LG Electronics USA and Best Buy are wrapping up Earth Month by encouraging consumers to “Flip Your Fridge” with a nationwide awareness campaign and sweepstakes in cooperation with The Rachael Ray Show and the U.S. Environmental Protection Agency (EPA).
It’s Pro bono week! A growing way companies go deeper in what they deliver through employee engagement programs is Pro Bono Service, which CECP has been tracking since 2008.
More companies across different industries are recognizing the value of Pro Bono Services provided by their employees to support nonprofit organizations. It is becoming less of a niche for lawyers, accountants, or financiers.
Companies Join the American Business Act on Climate Pledge By Setting Greenhouse Gas Reduction, Energy Efficiency and Renewable Energy Goals
As key international climate negotiations near, 81 additional companies joined the White House-led American Business Act on Climate Pledge. Companies making the pledge have set significant greenhouse gas reduction and renewable energy sourcing goals for 2020 and beyond, and are focusing on increasing energy efficiency, boosting low-carbon investing and making sustainability more accessible to low-income Americans.