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Public Profile
Financial Intermediation
US
updated 5 months ago

Carvana

Company website

Carvana Co., commonly known as Carvana, is a pioneering online platform for buying and selling used cars, headquartered in the United States. Founded in 2012, Carvana has revolutionised the automotive industry by offering a seamless, digital-first experience that allows customers to browse, finance, and purchase vehicles from the comfort of their homes. With a significant presence across major operational regions in the US, Carvana stands out for its unique vehicle vending machines and home delivery services. The company has achieved notable milestones, including its initial public offering in 2017, which solidified its position as a leader in the online car retail market. Carvana's core offerings include a vast inventory of high-quality used cars, a user-friendly online platform, and a commitment to transparency, making it a preferred choice for consumers seeking convenience and reliability in their car-buying journey.

DitchCarbon Score

How does Carvana'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.

30

Industry Average

Mean score of companies in the Financial Intermediation 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.

27

Industry Benchmark

Carvana's score of 30 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Carvana's reported carbon emissions

Carvana, headquartered in the US, currently does not provide specific carbon emissions data, as indicated by the absence of reported figures. Consequently, there are no available details regarding their Scope 1, 2, or 3 emissions. Additionally, there are no documented reduction targets or climate pledges from the company. As of now, Carvana has not established any significant climate commitments or initiatives aimed at reducing carbon emissions. Without specific data or targets, it is challenging to assess their environmental impact or progress in sustainability efforts. In the context of the automotive industry, many companies are increasingly focusing on carbon neutrality and emissions reduction, but Carvana's current stance remains unclear due to the lack of publicly available information.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Carvana's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Carvana is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Carvana is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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