Best Buy, through its private label brand Insignia, adopted the Responsible Business Association’s Supplier Code of Conduct (Version 8.0) effective January 1, 2024. The updated code includes provisions for equal pay for equal work, reasonable accommodation for workers with disabilities, and improved safety and ethical standards in the supply chain.

An OpenSecrets profile reveals that Best Buy, the parent company of the Insignia brand, has engaged in significant lobbying efforts in 2024. The report details high annual lobbying expenditures and the influence of so‑called 'dark money' in shaping political outcomes, raising concerns about corporate involvement in political processes that risk undermining democratic accountability.

Insignia, Best Buy's private label brand, is covered under Best Buy's strict Supplier Code of Conduct as outlined in the California Supply Chain Transparency Act. The policy mandates that manufacturers, vendors, and suppliers uphold fundamental labor and human rights standards, including prohibiting forced labor. This commitment is reinforced through employee training and rigorous supplier audits, ensuring ethical sourcing practices in Insignia products.

The policy outlines Best Buy’s guidelines on political activity, including restrictions and pre-approval requirements for employee lobbying, political contributions, and grassroots advocacy. The document, effective December 15, 2021, details how corporate resources should not be misused for unapproved political engagements.

The article highlights Best Buy’s robust efforts in ensuring ethical supply chain practices—a commitment that also benefits its private label brands such as Insignia. Best Buy has instituted comprehensive audits, intensive supplier training, and measures to prevent forced labor including reimbursing exorbitant recruitment fees. These initiatives have helped Best Buy rank highly in assessments by KnowTheChain, reflecting strong safeguards for vulnerable worker populations.

A corporate statement outlining Best Buy's commitment to human rights practices for its private label supply chain, emphasizing ethical sourcing, labor rights, and diversity. The document details measures such as conflict minerals policies, supplier codes of conduct, and robust mechanisms to ensure a respectful, inclusive workplace.

According to OpenSecrets, Best Buy (the parent company behind the Insignia brand) spent $1,320,000 on lobbying efforts in 2019. This substantial expenditure highlights the company's active engagement in political lobbying, a practice that can unduly influence regulatory decisions and potentially support authoritarian interests.