Best Buy Joins BICEP
Proving itself (once again) to be a sustainability leader in its sector, U.S.-based global consumer electronics retailer Best Buy has joined Business for Innovative Climate and Energy Policy (BICEP), a coalition of major consumer companies advocating for strong U.S. climate and energy policy.
Best Buy joins other retail giants such as Nike, Starbucks and Levi Strauss & Co., who are already BICEP members. BICEP is coordinated by Ceres, a leading coalition of investors, environmental and public interest organizations working with companies to address sustainability challenges such as climate change.
“At Best Buy we’re committed to building sustainable business practices and helping our customers realize ways to live more sustainable lives,” says Laura Bishop, Best Buy’s Senior Director of Government Relations. “ We are honored to join BICEP in their efforts to advance legislation addressing climate change and promoting a clean energy economy.”
According to its website, Best Buy has committed to reducing its operational greenhouse gas (GHG) emissions through energy efficiency initiatives and renewable energy technologies. The company also helps consumers reduce their own energy footprint by offering more efficient products and packaging options, educating customers on using products more efficiently and offering an in-store recycling program for used electronics. You can read more about Best Buy’s broad-based CSR initiatives here. Environmental sustainability initiatives are outlined here.
It’s clear that Best Buy, like the other sustainability leaders who are members of BICEP, recognizes the business case for meaningful action on carbon reduction and energy conservation. The company realizes that by focusing on key issues, such as green sourcing and procurement, waste management, carbon footprinting and GHG management, it can lower costs, mitigate risks and improve efficiencies –all while leveraging a powerful marketplace differentiator.
