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CarMax, Inc., widely recognised as Carmax, is a prominent American retailer operating within the motor vehicles, trailers and semi-trailers industry. Established in 1993, this US-headquartered organisation quickly became a leading figure in used automotive retail.
Specialising in the sale of quality pre-owned vehicles, Carmax offers a distinctive customer experience built upon transparent, no-haggle pricing. Their extensive inventory and dedicated focus on consumer satisfaction have solidified their position as a market leader in the used car sector.
Beyond vehicle sales, Carmax provides comprehensive services including robust vehicle financing options and extended service plans. This integrated approach has allowed them to grow into one of the largest and most trusted used car retailers globally.
37
DitchCarbon score
+5 vs industry average
Carmax’s score of 37 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
0.388
20182025
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Carmax's reported carbon emissions
CarMax reported Scope 1 emissions of approximately 114,145,000 kg CO2e in 2025. In 2024, its Scope 1 emissions were approximately 136,393,000 kg CO2e, and Scope 2 (market-based) emissions were around 21,503,000 kg CO2e. For 2023, the company's Scope 1 emissions were about 141,982,000 kg CO2e, with Scope 2 (market-based) emissions at approximately 47,817,000 kg CO2e.
CarMax has set a near-term absolute reduction target to cut its Scope 1 and Scope 2 greenhouse gas emissions by 50% by the end of calendar year 2025, using a 2018 baseline.
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Carmax’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Carmax10 months ago
37
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