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Carmax Inc
Carmax's GHG Emissions Data Preview
In 2024, Carmax completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Carmax has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Carmax’s Greenhouse Gas (GHG) Emissions Data
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Insights into Carmax's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCarmax amounted to225,948metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Carmaxdecreased by 3.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Carmax's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Carmax's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Carmax were 136,393 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Carmax reduced its Scope 1 emissions over time?
Since 2018, Carmax's Scope 1 emissions have increased by 130.77%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Carmax's Scope 1 emissions decreased by 3.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Carmax's Scope 2 emissions?
In 2024, Carmax reported Scope 2 greenhouse gas (GHG) emissions of 21,503 tCOâ‚‚e using the market-based method and 89,555 tCOâ‚‚e using the location-based method.a
Has Carmax reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Carmax's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Carmax's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Carmax use for Scope 2 reporting?
In 2024, Carmax reported its Scope 2 emissions using the market-based method and using the location-based method.a
Carmax's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Carmax’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Carmax reported Scope 1 greenhouse gas (GHG) emissions of 136,393 tCOâ‚‚e and total revenues of USD 26,536 millions. This translates into an emissions intensity of 5.14 tCOâ‚‚e per millions USD.a
Carmax's Scope 1 Emissions Intensity Compared to Peers
How does Carmax's GHG emissions intensity compare to its peers?
In 2024, Carmax reported a Scope 1 emissions intensity of 5.14 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.5, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Carmax rank on GHG emissions intensity within its industry?
In 2024, Carmax ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Carmax is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a