CarMax Unveils 2025 Responsibility Report, Highlights ESG Initiatives and Progress

Reuters
05-14
CarMax Unveils 2025 Responsibility Report, Highlights ESG Initiatives and Progress

CarMax Inc., the largest retailer of used cars in the U.S., has published its 2025 Responsibility Report, highlighting its commitment to environmental, social, and governance $(ESG)$ initiatives. The report outlines the company's efforts in empowering associates, reducing environmental impact, and fostering community engagement. Key achievements include deriving 65% of its electricity from renewable sources in 2024, a 33% reduction in greenhouse gas emissions since 2018, and initiatives to lead in the used electric vehicle market. CarMax also expanded associate benefits and professional development opportunities, reinforcing its commitment to a supportive work environment. CEO Bill Nash emphasized the company's dedication to integrity and sustainable value creation for stakeholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CarMax Inc. published the original content used to generate this news brief on May 13, 2025, and is solely responsible for the information contained therein.

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