Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Disaster Relief and Community Recovery
• Diversity and Inclusion

Environmental Achievements

• Updated yard storage patterns to maximize space utilization and reduce load times and fuel consumption; deployed new, more efficient loaders and transport vehicles to reduce emissions; and leveraged telematics to reduce idle time and fuel usage by our capital equipment.
• Remarketing over three million cars a year, enabling the return to service of automobiles that otherwise would have been scrapped, and the recycling and reuse of parts that otherwise would have been deposited into landfills.

Social Achievements

• Approximately half of our employees are women, and 52% are non-Caucasian. Our management team is 35% women and 33% people of color. Welcomed two new board members, increasing the number of women and/or ethnic minorities on the board to three.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on near-term revenues due to lower auction inventories.
• Dependence on a limited number of major vehicle sellers for a substantial portion of revenues.
• Risks associated with operating in international markets.
• Risks associated with online commerce security and credit card fraud.
• Mild weather conditions reducing the available supply of salvage vehicles.
• Extreme weather conditions resulting in an oversupply of salvage vehicles.

Mitigation Strategies

• Deemed an “essential business” and continued yard operations while following health and safety protocols.
• Actively pursuing global, national, and regional vehicle seller agreements.
• Implementing policies and procedures to manage business on a global scale.
• Maintaining an information security program and incorporating multiple levels of protection.
• Regularly evaluating capacity and seeking to increase capacity through acquisition of additional land and yards.
• Investing resources to prepare for high-volume events following catastrophic weather events.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Enterprise Sustainability

Environmental Achievements

• Estimated elimination of over 10 million tons of CO2e emissions per year through vehicle and parts reuse and recycling.
• Made first financial investment in green energy production through equity investment in a portfolio of eight utility-scale solar projects in Virginia with aggregate capacity of nearly 50 megawatts.
• Acquired Hills Salvage & Recycling (The Green Parts Specialists) to expand recycled parts offerings in the UK.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Reducing Our Direct Environmental Footprint While Empowering the Circular Automotive Economy
• Prioritizing and Empowering Our Employees
• Paving the Way For Physical and Socioeconomic Mobility
• Serving Our Communities and Customers as a Responsible and Reliable Partner

Environmental Achievements

• Avoided over 11 million metric tons of CO2e in automotive manufacturing emissions by extending the useful life of vehicles and harvesting vehicle replacement parts.
• ~20% reduction in estimated tCO2e emissions related to towing when a new yard is opened.
• ~4,000 tires recapped since the inception of the tire recapping program
• Installed solar panels in Southeast Brazil expected to generate nearly 200,000 kWh of electricity annually.
• Reduced overall fuel use by approximately 177,000 gallons in fiscal year 2023 in North America due to policies limiting unnecessary idling.
• Invested in energy efficiency projects in Oulu, Finland, reducing energy consumption by approximately 15% and installing LED lighting expected to reduce energy usage by an additional 10% annually.
• Installed heat to water pumps at Pirkkala, Finland site, expected to reduce local heating oil consumption by 80%.

Social Achievements

• Hired nearly 60 veterans during fiscal year 2023.
• Invested over $1 million in training and education programs.
• Over 6,000 Copart employees participated in training and development courses.
• Copart Brazil was recognized by Great Place To Work.
• Hosted 10 in-person Town Hall meetings around the United States.

Governance Achievements

• Established an ESG Steering Committee.
• Copart’s Nominating and Governance Committee oversees the company’s ESG strategy, policies, and programs.
• Maintains an extensive data security and compliance infrastructure, in alignment with NIST and ISO 27001 cybersecurity frameworks.
• Maintains a documented privacy compliance program.

Climate Goals & Targets

Environmental Challenges

• Increased Scope 1 emissions due to a 150% growth in the company’s owned fleet.
• Increased Scope 1 and 2 GHG emissions and energy consumption due to a 10% increase in global revenue.

Mitigation Strategies

• Copart will evaluate opportunities to reduce our Scope 1 and 2 GHG emissions and energy consumption footprint, including implementing efficiency measures and operational policies.

Supply Chain Management

Responsible Procurement

• Copart Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (e.g., Hurricane Ian)

Reporting Standards

Frameworks Used: GRI, SASB, UN SDGs

Third-party Assurance: None

Awards & Recognition

• Great Place To Work (Brazil)

Environmental Metrics

ESG Focus Areas

• Environmental Footprint Reduction
• Employee Empowerment
• Community Support
• Ethical Operations

Environmental Achievements

• Enabled the avoidance of more than 12 million metric tons of CO2e emissions by extending the useful life of vehicles and enabling parts harvesting (22% increase compared to 2022)
• Reduced electricity usage at headquarters by nearly 20% through energy efficiency upgrades
• Invested $20 million in solar projects expected to generate 55 million kWh of clean energy annually
• Nearly 8,000 vehicles dismantled in the UK through Green Parts Specialists
• Brazilian solar power plants generated nearly 220,000 kilowatts of power, reducing reliance on traditional energy sources by approximately 85%
• Reduced water consumption by approximately 20% at two Brazilian facilities using rainwater harvesting and 100% reclaimed water for vehicle rinses
• 100% fossil-free electricity at Finnish facilities (hydroelectric and nuclear)

Social Achievements

• Launched an online internal employee recognition program
• Copart Brazil recognized by Great Place to Work for a 2nd consecutive year
• 80% employee participation in Finland's annual wellbeing survey with a satisfaction score of “four” (on a 0-5 scale)
• Launched ‘Teammate Voice’ employee forum in the UK
• Named one of America’s Greatest Workplaces and one of America’s Greatest Workplaces for Diversity by Newsweek
• Copart Private Foundation Scholarship program awarded over $2.3 million

Governance Achievements

• Onboarded first dedicated Chief Compliance Officer
• Established an ESG Steering Committee
• 33% of Board Members are Women and/or Ethnically Diverse
• 75% of Board Members are Independent
• 50% of Board Members have ESG-related Experience

Climate Goals & Targets

Environmental Challenges

• Increased Scope 1 and 2 GHG emissions and energy consumption due to operational growth
• Potential for supply chain disruptions due to catastrophic weather events

Mitigation Strategies

• Expanding owned fleet and implementing advanced logistics to improve efficiency
• Investing in emergency response resources and technology (e.g., Catastrophe Response Fleet, Tech Tank, solar-powered CCTV)
• Expanding storage capacity for disaster response
• Implementing energy efficiency measures and operational policies

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Catastrophic weather events

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, UN SDGs

Certifications: ISO 45001 (UK)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 13 (Climate Action)

Copart's initiatives contribute to these goals through renewable energy adoption, waste reduction, efficient logistics, and disaster response.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• America’s Greatest Workplaces (2024)
• America’s Greatest Workplaces for Diversity (2024)