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Best Buy Pursues Good Corporate Citzenship

Best Buy has issued its fiscal 2008 corporate-responsibility report, which provides a preliminary overview of the programs that will help drive its social and environmental accountability as the retailer continues to grow.

The report represents one of the first steps toward the company’s recently-established, five-year aspirations for corporate citizenship, it said.

Best Buy has “focused its energy around corporate citizenship as a common denominator” with its customer-centric business model and its goals for growth, the chain said. The aspirations point to where Best Buy projects its business and operations will be five years from now, and are intended to help guide daily decision-making across all of its brands and operations.

According to the report, Best Buy aspires to be:

  • a global champion for human ingenuity and opportunity, with employees expected to provide leadership for the CE industry and its customers and communities worldwide;
  • a global advocate for consumers in the world of technology, as Best Buy embarks on delivering consumer electronics products and services to more people than any other company in the world; and
  • environmentally and socially accountable for all brands and business operations worldwide

“We believe we have a clear idea of what corporate citizenship means to Best Buy, and we intend to reach these aspirations through the contributions of every function, every operation, and every employee around the world,” said Paula Prahl, communications, public affairs and corporate responsibility senior VP.

The fiscal 2008 report can be downloaded at