Abt Electronics

1200 N Milwaukee Ave, Glenview, IL 60025

3.5

BPI
Financial Rating

4.4

BPI Stakeholder Rating

3.2

BPI Social Responsibility Rating

Looking for a $10,000 loudspeaker or just a moderately priced clothes dryer? Abt Electronics & Appliance is apt to have it. Abt has just one location — a massive 37-acre megastore with a parking lot that accommodates 1,000 cars in suburban Chicago, where the natives tend to incorrectly call the store “A-B-T.” One of the country’s largest independent retailers of electronics and appliances, the company carries mostly name brands and targets affluent Chicagoans with high-end products such as Bang & Olufsen audio systems and Sub-Zero refrigerators. It also markets products through its website and services everything sold. Founded in 1936 by David and Jewel Abt, the company is still family owned. Mission: The answer is always “Yes” to any reasonable requst.

3.7

Overall Excellence Rating

Industry

Retail

Category

Consumer Electronics & Appliances Stores

ESG/Ethical Impact

Caring deeply about the environment and driving bold action towards creative solutions goes back to our founding. Back in 1976, we built a 7,000-square-foot solar-heated office building on our Cambridge, Massachusetts campus—an early indication of our commitment and creative thinking that continues today. We’ve set ambitious goals for cutting our carbon footprint and made progress in meeting them. By 2019, we had cut our U.S. greenhouse gas (GHG) emissions by 44.6 percent from our 2012 baseline. We now plan to reduce our global emissions an additional 38.6 percent by 2027 from our updated 2019 baseline—including a 33 percent reduction by 2025, in line with our five-year corporate strategy. Our new targets align with what climate science dictates is needed to meet the goal of keeping global warming to 1.5°C and to reach net -zero emissions by 2050. We submitted Abt’s new 2027 target for validation with the Science Based Targets Initiative (SBTi). It exceeds the minimum required 4.2 percent annual linear reduction and demonstrates our commitment to deeper, faster cuts. We continue to follow best practices by expanding the scope of our GHG inventory every target period to capture the full extent of our emissions. We now include our corporate entities in Australia and Britain, international project sites, telecommuting, and are working to expand our accounting of additional Scope 3 emission sources.

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Awards Received

2023

Revenues

$400,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

4.5

Company Size

1000-5000

ESG Risk Rating

3

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