WASHINGTON, DC, 2014-9-30— /EPR Retail News/ — Just a week after announcing it had achieved its 1 billion pounds e-cycling goal, Best Buy has been recognized by the U.S. Environmental Protection Agency (EPA) with two sustainability awards.
On Tuesday, the EPA honored Best Buy through the national 2014 Sustainable Materials Management (SMM) Electronics Challenge. The Challenge encourages equipment manufacturers and retailers to promote responsible electronics recycling.
Best Buy’s Gold Participant Award recognized the company as a “true leader” for the sheer amount of used electronics recycled, its work with third-party certified recyclers, and its promotion of the program to customers.
In addition, Best Buy received the Champion Award, a nod to how established the recycling program is, and the positive social and environmental impacts that have come from it.
NYSE Event Recognizes Best Buy’s CDP Rating
Just as EPA ceremonies convened in Washington, Best Buy was recognized on the New York Stock Exchange (NYSE) by environmental nonprofit CDP as a climate change leader among S&P 500 companies. Best Buy received a score of 98 A-, demonstrating a high level of transparency and data quality in its disclosure of climate-related information.
The CDP report is generated at the request of more than 700 institutional investors who collectively manage $87 trillion in assets. These investors evaluate how companies address risks and opportunities associated with greenhouse gas emissions and natural resources. This is the third year that Best Buy has achieved a position in CDP’s S&P 500 Climate Disclosure Leadership Index.
Best Buy continues to focus on sustainable practices because it’s good for business, people and the planet. To learn more about the CDP and Best Buy’s participation, visit CDP S&P 500 Climate Change Report 2014.