Best Buy Fiscal Year 2022 ESG Report | 10 At Best Buy, we aim to meaningfully reduce our impact on the environment and help our customers do the same. We make decisions with the future in mind, to strengthen our business, improve people’s lives and promote the health of our communities for years to come. While the issue of climate change is worldwide, the impact is felt by people in the communities where we live and work in the form of severe weather, rising temperatures, flooding and water shortages. We aspire to drive forward the circular economy — a system in which nothing is wasted. We are committed to conserving natural resources, reducing waste in our operations, offering products that help our customers live more sustainably and transitioning to renewable energy sources. The foundation of our environmental program is our ISO 14001-certified Environmental Management System (EMS), which covers all U.S. operations. Our EMS helps us systematically manage progress toward our environmental commitments and ensures that we comply with all applicable laws and regulations. In 2012, we were the first U.S. large-format retailer to earn ISO 14001 certification and are certified by a third party to the newest standard, ISO 14001:2015. In FY22, there were no material fines or non-monetary sanctions implemented against Best Buy for environmental non-compliance. Sustainable operations .
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