Best Buy : Named to FTSE4Good Index for Fourth Year
February 02, 2017 at 05:14 pm EST
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Suzanne HilkerStaff Writer
Best Buy has again been recognized for its sustainability efforts by being named to the FTSE4Good Index for the fourth year in a row. The index includes publicly traded companies with strong environmental, social and governance (ESG) practices.
This year marks the 15 anniversary of FTSE Russell's flagship ESG Index Series, FTSE4Good. The Index Series provides investors with an objective benchmark in which to evaluate companies. Best Buy's overall score increased this year, and we received the highest possible score in the categories of Climate Change, Environmental Supply Chain, Social Supply Chain and Corporate Governance.
According to FTSE Russell, the last 15 years have brought a noticeable shift in the investment landscape. ESG principles have gone from a niche concept to a core investment strategy among asset managers. We are pleased to see this trend as Best Buy is committed to positively impacting the environment and our communities, which we believe creates long-term value for all of our stakeholders.
For the latest on Best Buy sustainability, follow @BestBuyCSR on Twitter.
Best Buy Co. Inc. published this content on 01 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2017 22:14:06 UTC.
Original documenthttps://corporate.bestbuy.com/best-buy-named-ftse4good-index-fourth-year/
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Best Buy Co., Inc. specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:
- the United States (92.4%): activity insured, at 28/01/2023, through a network of 978 stores distributed by names mainly between Best Buy (925) and Pacific Sales (20);
- Canada (7.6%): 160 stores distributed between Best Buy (127) and Best Buy Mobile (33).
Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca).