Company Directory - Best Buy Canada
Company Details - Best Buy Canada
Best Buy Canada
WebsiteBest Buy Canada is a leading retail company offering a wide range of consumer electronics and technology products, including gaming consoles, computers, appliances, and various accessories. They provide customers with the latest technology and expert advice to help enhance their electronic experiences.
CCI Score
CCI Score: Best Buy Canada
-2.00
Latest Event
Best Buy's Political Spending and Revolving Door Concerns
OpenSecrets reported that Best Buy's political activities in the 2024 cycle included $450,728 in contributions and $1,360,000 spent on lobbying. The report also noted that 6 out of 9 Best Buy lobbyists in 2023 and 2024 have previously held government positions, highlighting potential conflicts of interest and undue corporate political influence.
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BYSTANDER
Best Buy Canada is currently rated as a Bystander.
Latest Events
- FEB062025
OpenSecrets reported that Best Buy's political activities in the 2024 cycle included $450,728 in contributions and $1,360,000 spent on lobbying. The report also noted that 6 out of 9 Best Buy lobbyists in 2023 and 2024 have previously held government positions, highlighting potential conflicts of interest and undue corporate political influence.
-60
Political Contributions and Lobbying Efforts
March 31
The reported figures for political contributions ($450,728) and notably high lobbying expenditure ($1,360,000) indicate a significant level of corporate engagement in the political process. Such financial involvement may facilitate undue corporate influence over policy making, raising concerns about the promotion of authoritarian-aligned interests.
-50
Executive Political Engagement
March 31
The revolving door phenomenon is evident with 6 out of 9 Best Buy lobbyists having prior government employment. This blurring of lines between public service and private lobbying raises serious concerns about conflicts of interest and the potential for regulatory capture, which can undermine democratic accountability.
- JAN012024
Best Buy Canada updated its supplier standards by adopting the Responsible Business Association’s Supplier Code of Conduct Version 8.0, effective January 1, 2024, which includes enhanced measures for worker rights such as equal pay, safe and accommodating work environments, and stringent supply chain audits against risks like human trafficking and forced labor.
+80
Labor Relations and Human Rights Practices
March 31
The updated code explicitly enhances worker rights with provisions for equal pay, dignified treatment, and safe working conditions, representing a strong commitment to ethical labor practices and anti-authoritarian business conduct.
Responsible Sourcing - Best Buy Corporate News and Information
+80
Supply Chain Ethics
March 31
By implementing a rigorous supplier code of conduct that includes environmental and human rights screening, Best Buy Canada is strengthening its supply chain ethics. The in‐depth training of new suppliers on critical risks such as human trafficking further underscores its commitment to ethical sourcing.
Responsible Sourcing - Best Buy Corporate News and Information
- DEC312023
Best Buy Canada spent $1,160,000 on lobbying in 2023, as reported by OpenSecrets. The expenditure highlights the company’s active engagement in influencing federal policy through corporate lobbying efforts.
-40
Political Contributions and Lobbying Efforts
March 31
The reported $1,160,000 spent on lobbying in 2023 demonstrates Best Buy Canada's participation in political influence operations. This use of corporate funds for lobbying can contribute to the entrenchment of corporate power, potentially undermining democratic accountability and prioritizing corporate interests over the needs of marginalized communities.
- OCT012023
A labor union page highlights ongoing issues at Best Buy stores, including stagnant wages, minimal annual raises, widespread layoffs, excessive executive pay, and insufficient staffing, calling for significant improvements in worker compensation, benefits, and working conditions.
-80
Labor Relations and Human Rights Practices
March 31
The article details significant concerns over labor practices at Best Buy, including stagnant wages, inadequate raises, layoffs, and exploitative scheduling practices. These practices undermine worker rights and contribute to systemic inequality, reflecting a business culture that neglects fair labor practices.
- MAR012023
The 2023 Best Buy Political Activity & Public Policy Report details the company’s transparent engagement in the political process. It outlines comprehensive internal criteria for political contributions, balanced disbursements to both Democratic and Republican organizations, and the operation of an employee-led PAC. The report underscores Best Buy's commitment to transparency, adherence to federal, state, and local laws, and the use of robust internal reviews to guide corporate political expenditures.
+40
Public and Political Behavior
March 31
The report illustrates strong corporate transparency in its political engagement practices by publicly disclosing its political contributions, adherence to a defined internal approval process, and balanced support across the political spectrum. These practices promote accountability and mitigate risks of covert support for authoritarian agendas.
- JAN252023
Best Buy Canada is laying off approximately 700 employees amid a sales slowdown post-pandemic. This move has significant implications for worker security and labor rights as the company restructures amidst economic pressures.
-50
Labor Relations and Human Rights Practices
March 31
The decision to lay off around 700 employees undermines job security and worker rights at a time when the electronics retail sector faces economic challenges. Such mass layoffs can be seen as a negative labor practice, adversely affecting the welfare of employees and contributing to a shift in corporate priorities away from worker protection.
Best Buy to lay off around 700 employees as sales dip after pandemic surge - National
- FEB012021
Best Buy's corporate advocacy page outlines its commitment to working with policymakers on issues affecting customers, employees, shareholders, and communities, while emphasizing environmental and social accountability through its annual Political Engagement and Government Affairs Policy.
+30
Executive Political Engagement
March 31
The company’s stated commitment to collaborate with policymakers and engage in public policy demonstrates active executive political engagement that prioritizes community interests and democratic accountability, a positive signal from an anti‑fascist perspective.
+20
Business Practices and Ethical Responsibility
March 31
The communication emphasizes Best Buy’s aspiration to be environmentally and socially accountable, reflecting ethical business practices that support community and employee well‑being.
- JAN112021
Best Buy announced that it will stop making campaign contributions to 147 members of Congress who voted against certifying the presidential election results, signaling a stand against supporting anti-democratic behavior.
+80
Political Contributions and Lobbying Efforts
March 31
Best Buy’s decision to cease contributions to members of Congress who voted against election certification demonstrates a commitment to democratic integrity. By refusing to fund lawmakers who opposed the certification of a legitimate election result, the company withdraws financial support from anti-democratic behavior, aligning with anti-fascist and progressive values.
Best Buy ceases contributions to congresspeople who voted against election certification
- MAY282020
A leaked internal presentation intended for Best Buy employees revealed a strongly anti-union stance. The document disparaged unions by arguing that they undermine competitiveness and complicate operational responses, and was later removed by the company. This incident has raised concerns about the company's commitment to promoting fair labor practices and protecting worker rights.
-70
Labor Relations and Human Rights Practices
March 31
The leaked presentation explicitly targeted unionization, portraying unions as harmful and detrimental to company competitiveness. Such messaging undermines collective bargaining rights and worker solidarity, which are essential components of labor rights. This anti-union stance reflects a broader disregard for progressive labor practices and contributes to authoritarian-style suppression of worker voices.
- FEB062020
Best Buy Canada outlines its robust commitment to the International Labour Organization (ILO) Core Conventions by implementing comprehensive measures to prevent forced labor. The company details rigorous supplier audits, mandatory vendor training, corrective action plans, and termination procedures for non-compliance, all aimed at protecting vulnerable workers in its supply chain.
+85
Labor Relations and Human Rights Practices
March 31
Best Buy's detailed approach to combating forced labor—including regular audits, mandatory training for suppliers and internal teams, and strict corrective actions—demonstrates a strong commitment to labor rights and human dignity. These measures support marginalized workers and align with international labor standards.
+80
Supply Chain Ethics
March 31
Best Buy’s approach to supply chain ethics is demonstrated through its rigorous supplier risk assessments, comprehensive training programs, and proactive engagement with vendors to ensure adherence to its Supplier Code of Conduct. These measures enhance transparency and accountability in sourcing, reducing the risk of forced labor.
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