Carmax Inc
Carmax's Climate Target Data Preview
As of 2024, Carmax has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Carmax ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Carmax's Greenhouse Gas Emissions Pathways
As of 2024, Carmax has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.
Does Carmax have a target to reduce the emissions from its operations?
As of 2024, Carmax has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Carmax's most ambitious operational target is to reduce these emissions by 50% by 2025, compared to a baseline of 184,020 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
Instead of reducing operational emissions, Carmax has increased them, with 2023 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target.