Best Buy Fiscal Year 2022 ESG Report | 11 Sustainable operations . Carbon emissions reductions (over 2009 baseline) 61% 51% 50% 47% 44% 33% Our commitments and progress. In 2019, we set a goal to reduce carbon by 75% by 2030 (over a 2009 baseline) which adheres to Science Based Targets initiative (SBTi) requirements, meaning our reduction is in line with the reduction required to keep the global temperature increase below 2°C as outlined in the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC). We were one of the early companies to sign The Climate Pledge, a commitment to be carbon neutral across our business by 2040 — a decade faster than our previous goal of 2050. The Climate Pledge was founded in 2019 to mobilize companies across multiple business sectors to reach net-zero carbon emissions by 2040. Today, more than 300 businesses across the world have signed the Climate Pledge and we are proud to be one of the first signatories in this growing global initiative. As a signatory of The Climate Pledge, we will: • Measure and report greenhouse gas emissions on a regular basis. • Implement decarbonization strategies in line with the Paris Agreement through real business change and innovations, including efficiency improvements, renewable energy, materials reductions and other carbon emission elimination strategies. • Take actions to neutralize any remaining emissions with additional, quantifiable, real, permanent and socially beneficial offsets that achieve net-zero annual carbon emissions by 2040. • Advance our current Scope 3 commitment to reduce emissions 20% by 2030 by working collaboratively with suppliers, utilities, NGOs and policymakers to align to future SBTi Net-Zero Scope 3 guidance, putting us on a pathway to address all supply chain emissions. Products . Operations . Energy . Eco-friendly products Carbon-neutral goal S u s t a i n a b l e p a c k a g i n g E - W a s t e r e c y c l i n g E x t e n d i n g p r o d u c t l i f e W a t e r e � i c i e n c y W a s t e d i v e r s i o n E n e r g y e � i c i e n t e q u i p m e n t Fleet electri�ication C l e a n - e n e r g y a d v o c a c y R e n e w a b l e e n e r g y s o u r c i n g Circular Economy (Operations) 2020 2019 2018 2017 2016 2015 2014 2021 62% 60 45 30 15 75 GOAL: 75% 55%