CarMax Enterprise Services, LLC

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CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. This disruptive thinking has helped us become the nation’s largest retailer of used cars with more than 230 stores nationwide. And thanks to our amazing team of more than 30,000 associates, we have been recognized as one of the FORTUNE 100 Best Companies to Work For® – 18 years in a row! Committed to hiring people with strong values of integrity, transparency and respect, we offer unmatched training and support for associate career growth, and have been recognized as an award winner of Training Magazine’s “Apex Awards”. We are also proud to be a best place to work for Veterans and recognized on Forbes Best Workplaces for Diversity list.

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4.3

Overall Excellence Rating

Industry

Retail

Category

Vehicle Dealers

ESG/Ethical Impact

We are excited to share our 2023 Responsibility Report, which outlines the meaningful progress we have made over the last year in our social impact and sustainability efforts. There are many notable developments outlined in this report, and we are particularly proud of our associate culture that thrives with inclusivity increasingly at its center, our enhanced disclosure and transparency on climate-related issues, and the tangible impact we are making in our local communities. Thanks to these efforts, we are confident that we are well-positioned to contribute to a better society for everyone and drive the long-term sustainable value of CarMax for all our stakeholders. CarMax initiated an intensive process to identify and align on the company’s climate-related risks and opportunities, allowing for enhanced disclosure and improved management of the business and long-term planning, as well as ensuring CarMax remains well-positioned to comply with potential climate-related reporting mandates. CarMax finalized its greenhouse gas reduction roadmap, which clearly outlines the company’s path to achieving its 2025 climate goal to reduce Scope 1 and Scope 2 greenhouse gas emissions by 50% as compared to the 2018 baseline. The reduction roadmap also serves as a guide for CarMax as it identifies and pursues projects that will reduce its carbon footprint. CarMax made meaningful progress in 2022 by reducing greenhouse gas emissions by more than 10% as measured by its 2025 goal. CarMax remains focused on the intention to become the leading retailer of used electric vehicles (EVs) in the industry and this year focused on continually improving its ability to recondition a broader range of hybrid and EV models, to assess used batteries, and to profitably acquire, price, and sell used EVs. Additionally, through subsidiary Edmunds and on CarMax.com, CarMax has meaningfully enhanced its focus on educational content aimed at informing and supporting first-time EV and hybrid vehicle owners.

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Awards Received

2023

Revenues

$31,900,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

3.5

Company Size

10000+

ESG Risk Rating

4

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