Carmax Inc

Common Name
Carmax
Country
United States
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
30,048
Ticker
KMX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
CarMax Inc. is the largest used-car retailer in the United States, revolutionizing the automotive sales industry with its no-haggle pricing model. This model offers customers a straightforward and tra...

Carmax's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Carmax amounted to 234,992 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Carmax increased by 17.75%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Carmax's Scope 1 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e+32%+6%+10%+12%+38%
  • Total Scope 1
  • Year-over-Year Change

What are Carmax's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Carmax were 141,982 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Carmax reduced its Scope 1 emissions over time?

Since 2018, Carmax's Scope 1 emissions have increased by 140.23%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Carmax's Scope 1 emissions increased by 37.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Carmax's Scope 2 emissions?

In 2023, Carmax reported Scope 2 greenhouse gas (GHG) emissions of 47,817 tCOâ‚‚e using the market-based method, and 93,010 tCOâ‚‚e using the location-based method.

Has Carmax reduced its Scope 2 emissions over time?

Compared to the previous year (2022), 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.

What methodology does Carmax use for Scope 2 reporting?

In 2023, Carmax reported its Scope 2 emissions using the market-based method and using the location-based method.

Carmax's Scope 2 Emissions Over Time

201820192020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based