CARFAX, Inc. Sustainability Profile
CARFAX, Inc., headquartered in the United States, is a leading provider of vehicle history information, primarily serving the automotive industry. Founded in 1984, the company has established itself as a trusted resource for consumers and businesses alike, offering comprehensive reports that detail a vehicle's past, including accidents, title issues, and service history. With a focus on transparency and reliability, CARFAX's core products include vehicle history reports and VIN checks, which are essential tools for car buyers, dealerships, and insurers. The company's unique database aggregates information from various sources, ensuring that users receive accurate and up-to-date insights. Recognised for its commitment to quality, CARFAX has become a market leader, helping millions of customers make informed decisions when purchasing used vehicles. Its innovative approach and extensive data coverage have solidified its position as a vital player in the automotive information sector.
DitchCarbon Score
How does CARFAX, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
CARFAX, Inc.'s score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CARFAX, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported emissions figures. The company is a current subsidiary of S&P Global Inc., and any potential emissions data or climate commitments may be inherited from this parent organisation. Despite the lack of specific emissions data, CARFAX, Inc. is part of a corporate family that engages in various climate initiatives. The company is aligned with the Science Based Targets initiative (SBTi) and participates in the Carbon Disclosure Project (CDP), both of which are managed by S&P Global Inc. at the sixth cascade level. However, no specific reduction targets or climate pledges have been documented for CARFAX, Inc. at this time. As a subsidiary, CARFAX, Inc. may benefit from the broader sustainability strategies and commitments of S&P Global Inc., which could influence its future climate actions. The absence of detailed emissions data and reduction targets highlights the need for further transparency and commitment to climate action within the organisation.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,046,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 42,740,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is CARFAX, Inc.'s Industry?
How Carbon Intensive is CARFAX, Inc.'s Location?
CARFAX, Inc.'s Scope 3 Categories Breakdown
CARFAX, Inc.'s Scope 3 emissions, which increased by 29% last year and increased by approximately 946% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
CARFAX, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CARFAX, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
