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Carmax Inc ESG Profile
✓ Multi-Provider CoverageAt a glance
Verified June 2026 2023CommittedESG & Sustainability Profile
Key Facts
- • 1993 as a division of Circuit City before becoming an independent entity in 2002.
- • 2024, they sold over 765,000 used vehicles and wholesaled more than 546,000.
- • 3.7% market share of vehicles 0-10 years old.
- • 5% in the coming years.
CarMax, Inc. is a leading retail company in the United States that specializes in selling, financing, and servicing both new and used cars. With around 250 retail stores, CarMax has a low-risk ESG score of 11.1. The company was established in 1993 as a division of Circuit City before becoming an independent entity in 2002. CarMax is well-known for its used vehicle sales, which make up a significant portion of its revenue. In fiscal 2024, they sold over 765,000 used vehicles and wholesaled more than 546,000. Despite being the largest used-vehicle retailer in the US, CarMax only holds about 3.7% market share of vehicles 0-10 years old. However, the company aims to increase its market share to over 5% in the coming years. Headquartered in Richmond, Virginia, CarMax is working on...
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Key Insights
Key Insights
Covered by 3 ESG rating providers
Strong coverage
No public Net Zero target found
68% of Fortune 500 have targets
Consider science-based targets
72% of G7 companies have SBTi targets
Sustainability Commitments & Climate Targets
Carmax Inc ESG Rating Coverage - Sustainalytics & LSEG
Analyzed by both major ESG rating providers - verified
| Provider | Coverage | Details |
|---|---|---|
Morningstar Sustainalytics ESG Risk Ratings | Covered | |
LSEG (Refinitiv) ESG Scores & Data | Covered |
Coverage verified from 2 of 2 active providers.
ESG Rating Provider Coverage
MSCI ESG Ratings
Measures company exposure to industry-specific ESG risks and management of those risks relative to peers.
MSCI identifies the ESG risks most relevant to each industry, then scores companies on how well they manage those risks compared to peers. Ratings range from AAA (leader) to CCC (laggard) and are reviewed annually.
View on MSCIMorningstar Sustainalytics ESG Risk Ratings
Assesses the degree to which a company's economic value is at risk driven by ESG factors.
Sustainalytics measures unmanaged ESG risk — the gap between a company's total exposure to material ESG issues and how much of that exposure its management practices address. Lower scores indicate less unmanaged risk.
View on SustainalyticsLSEG (Refinitiv) ESG Scores
Evaluates company ESG performance based on publicly available, verifiable data across 630+ metrics.
LSEG scores companies across 630+ ESG data points drawn entirely from public disclosures — annual reports, sustainability filings, and regulatory submissions. Scores are weighted by industry materiality and benchmarked against sector peers.
View on LSEGCDPEnvironmental disclosure system for companies, cities, and statesCoverage status indicates whether publicly available ESG data from each provider has been identified for Carmax Inc. For official ratings and scores, visit provider websites directly.
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