Advance Auto Parts Inc..
AAP.US | Sale of motor vehicle parts and accessories
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider in North America, serving both professional installers and everyday do-it-yourself customers. The company operates a vast network of stores and distribution centers, offering a wide selection of parts, accessories, batteries...Show More
Better Health for All
0
Advance Auto Parts' core business of automotive aftermarket parts does not directly align with the 'Better Health for All' value, which focuses on accessible medical treatments, preventative healthcare, mental/physical wellness, or reducing health disparities. The provided articles do not contain any specific, concrete data points relevant to the KPIs under this value. Information regarding workplace safety violations and environmental pollution, while present in the evidence, is explicitly excluded from the scope of the 'Better Health for All' value as per its definition.
Fair Money & Economic Opportunity
0
Advance Auto Parts Inc. is an automotive aftermarket parts provider, not a financial institution. The 'Fair Money & Economic Opportunity' value primarily evaluates how financial institutions democratize access to fair financial services. Consequently, most KPIs related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to the company's core business and are scored 0. While the company's foundation supports programs with goals of financial independence
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and provides employee stock grants, the articles do not provide measured customer credit or savings outcomes required for the wealth_building_outcome KPI, leading to a score of 0. The company offers online financial literacy seminars,
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but the provided articles do not contain quantitative data on their reach or outcomes, which are required for scoring this KPI against the rubric's specific thresholds, leading to its omission. Similarly, for profit_reinvestment, while donations to community colleges and veterans are mentioned,
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a percentage of annual pre-tax profit reinvested in community finance or profit-sharing with underserved communities is not provided, leading to its omission.
Fair Pay & Worker Respect
-40
Advance Auto Parts Inc. reported a CEO median pay ratio of 423:1 for 2024, based on CEO Shane M. O'Kelly's compensation of $10,303,636 and a median employee pay of $24,377.
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Employee engagement appears low, with only 41% of employees recommending working at the company.
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Employee reviews frequently cite low pay, with some reporting minimum wage or $12/hour, and a general feeling of being underpaid and overworked.
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The company has incurred over $3.1 million in penalties since 2000 across 47 records, including significant fines for employment-related offenses ($2.6 million) and workplace safety violations ($302,159).
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Specific violations include a $1.7 million penalty for benefit plan administration and $398,229 for wage and hour issues.
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Forty workers at a Minneapolis facility recently ratified a new contract after collective bargaining.
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Fair Trade & Ethical Sourcing
0
No specific data points regarding Advance Auto Parts Inc.'s fair trade and ethical sourcing practices, such as fair-trade certification share, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend, could be extracted from the provided articles. One article discussed a general industry report on responsible sourcing but contained no company-specific data
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, and the other indicated inaccessible content regarding the company's suppliers
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.
Honest & Fair Business
40
Advance Auto Parts reported zero restatements of its financial statements, as errors related to a material weakness in internal controls were not material to previously issued financial statements.
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The company did, however, restate its report on internal control over financial reporting.
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Deloitte & Touche LLP provided an unqualified opinion on the company's consolidated financial statements, indicating 100% audit coverage of its financial reporting, including all equity affiliates and joint ventures.
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This independent audit opinion also serves as a strong form of third-party verification for the company's financial claims and compliance.
4
Kind to Animals
0
The provided articles, including corporate sustainability reports, do not contain any specific data or information relevant to Advance Auto Parts Inc.'s performance regarding animal welfare, testing, or sourcing practices. Therefore, no KPIs for the 'Kind to Animals' value can be assessed.
1
No War, No Weapons
0
The provided articles, including summaries of the 2022 Corporate Sustainability & Social Report, explicitly state that they do not contain data relevant to any of the KPIs under the 'No War, No Weapons' ethical value
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. This includes information on arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment, board oversight, export certifications, lobbying, humanitarian compliance, human rights due diligence, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use screening, surveillance transparency, ethical red lines, zero exposure to controversial weapons, war risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace tech investment, or conflict zone procurement
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. Therefore, no KPIs can be scored based on the available evidence.
Planet-Friendly Business
-50
The company is a member of the Science Based Targets initiative
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and has a GHG emissions reduction target of 50% by 2030, compared to a 2019 baseline.
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However, the article does not explicitly state that these targets are validated. In 2023, the company incurred two environmental penalties: $36,150 from the California Air Resources Board for air pollution
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and $15,000 from the Environmental Protection Agency for environmental violations.
4
Respect for Cultures & Communities
20
Advance Auto Parts has established 10 formal partnership agreements with community groups. These include The Arc
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, four community colleges (Wake Technical Community College
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, Broward College
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, Durham Technical Community College
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, Columbus State Community College)
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, Good360
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, the Indiana Association of Transportation Technology Instructors (IATTI)
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, and three military veteran support organizations (Hire Heroes USA
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, Building Homes for Heroes
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, Stop Soldier Suicide)
10
.
Safe & Smart Tech
-50
A data breach occurred between April 14 and May 24, 2024, affecting 2,316,591 individuals.
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The compromised data included names, dates of birth, Social Security numbers, driver's license numbers, and other government-issued identification numbers.
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The breach stemmed from attackers exploiting stolen credentials to access Snowflake accounts that lacked Multi-Factor Authentication (MFA) and network allow lists, leading to unauthorized access and copying of sensitive personal data.
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The company incurred approximately $3 million in response costs for the quarter ending July 13, 2024.
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and provided 12 months of free credit monitoring.
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Advance Auto Parts disclosed the breach via an 8-K filing
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and filed notifications with regulators in Maine, Vermont, Texas, and other states.
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Zero Waste & Sustainable Products
0
Advance Auto Parts' DieHard AGM batteries contain 94% recycled materials, sourced from used batteries collected at their retail stores.
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These batteries are also the world's first automotive battery to receive circular economy validation by UL for their closed-loop manufacturing process.
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The company provides training on safe handling of hazardous waste
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and has implemented initiatives for hazardous material handling.
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Furthermore, company reports and related articles indicate no regulatory actions, violations, fines, or compliance issues related to waste disposal.
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