Copart Inc.
CPRT.US | Wholesale of waste and scrap and other products n.e.c.
Copart, Inc. is a global provider of online vehicle auctions and remarketing services. The company facilitates the sale of vehicles primarily to vehicle dismantlers, rebuilders, used vehicle dealers, and exporters. Copart's online auction platform allows buyers to bid on and purchase vehicles from a...Show More
Better Health for All
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Copart's core business of online vehicle auctions has no direct health impact. The company's products and services do not have direct safety implications for physical or mental health, nor do they carry health risks requiring disclosure. Copart does not offer health-related products or services requiring accessibility considerations, nor does it collect or manage health-related data. The company does not engage in preventative health or treatment activities. Copart is not a pharmaceutical or food company, nor does it conduct clinical trials, and its products do not have addiction potential. Copart demonstrates a transformative approach to global health crisis response, with a Catastrophe Response Fleet of over 500 trucks and drivers, 2,000 acres dedicated for vehicle storage during catastrophic events, and mobile tech solutions like the Tech Tank.
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The company responded to Hurricanes Helene and Milton in September 2024.
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It also provided supplies including water and masks, and temporary job opportunities during a natural disaster in Brazil.
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It also provided tow trucks during flooding in the United Arab Emirates.
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Fair Money & Economic Opportunity
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Copart Inc. operates in the vehicle remarketing industry and does not engage in direct financial services, lending, or deposit-taking activities.
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Consequently, the company does not offer consumer credit products, manage customer finance data, or provide financial literacy programs.
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While Copart's business indirectly supports economic opportunity by facilitating affordable transportation access through vehicle reuse and recycling, its core operations fall outside the scope of direct financial services, rendering the specific KPIs for this value not applicable.
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Fair Pay & Worker Respect
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The provided articles do not contain specific, quantitative data points required to assess Copart Inc. against the KPIs for Fair Pay & Worker Respect. While there are mentions of a gender discrimination lawsuit alleging systemic pay disparities
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, efforts to unionize
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, and qualitative feedback on compensation and high turnover
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,
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, these do not provide substantiated outcomes, specific percentages, or numerical metrics for any of the defined KPIs.
Fair Trade & Ethical Sourcing
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Copart's business model, focused on online vehicle auctions and remarketing services, means it does not procure or trade physical commodities or raw materials.
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Consequently, traditional fair trade certifications, supply chain traceability, and high-risk material sourcing are less directly applicable to its operations. The company's 2023 ESG Report highlights its role in the circular economy by facilitating the reuse and recycling of vehicles and their components.
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Its Code of Business Conduct requires supplier compliance with human rights laws.
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Honest & Fair Business
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Copart has implemented comprehensive anti-bribery policies, procedures, and training programs across its global operations, demonstrating a proactive approach to mitigating risks through diligent compliance efforts and continuous monitoring.
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Its Code of Conduct, applicable universally to all associated individuals, mandates honesty and integrity and provides guidance for ethical dilemmas.
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However, the company disclosed an ongoing investigation by the U.S. Department of Justice, initiated in October 2023, into potential money laundering violations on its auction platform.
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Copart is cooperating, but potential liabilities are currently indeterminable.
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In November 2022, Copart published its first Environmental, Social, and Governance (ESG) report, outlining its dedication to sustainability and ethical business practices.
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Kind to Animals
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Copart Inc. operates in vehicle auctions and remarketing services, a business model that does not directly involve animal testing, animal-derived products, animal agriculture, or captive animal operations. Consequently, KPIs related to cruelty-free certification, animal testing, humane operations, ethical input substitution, supplier audits, cage-free sourcing, animal agriculture ethics, and animal-free R&D are not applicable. The company's environmental initiatives include planting over 1,000 trees in various countries, a tire recapping initiative, and emission reduction policies that save over 300,000 gallons of fuel per year.
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While these actions contribute indirectly to ecosystem health and habitat restoration, the provided evidence does not include specific, measurable biodiversity impact metrics such as species recovery or population increases, which are required to score the wildlife conservation impact KPI.
No War, No Weapons
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Copart Inc. operates in online vehicle auctions and has no direct ties to military or arms manufacturing, nor does it engage in military contracts or defense-related assets.
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This means the company has no defense revenue, no defense assets to divest, no defense business for its board to oversee, no exposure to controversial weapons, and no need for ethical red lines related to weapons. The company also does not engage in peace-promoting initiatives or conflict-reduction efforts, resulting in no investment in peacebuilding. Its Code of Business Conduct emphasizes ethical practices but lacks specific policies related to war or peace initiatives, indicating no applicable ethical red lines for this business model.
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An investment in Purple Wave focuses on heavy equipment, with no indication of military involvement, and there are no conflict-linked partners.
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Planet-Friendly Business
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In fiscal year 2023, Copart processed 2.1 million vehicles, with approximately 85% being recycled or repurposed
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, preventing an estimated 10.5 million metric tons of CO₂ emissions
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. The company has committed to the Science-Based Targets initiative (SBTi) Net-Zero Standard to set robust emission reduction targets
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. Through the Ecologi platform, Copart has planted over 1,000 trees and supported projects preventing 6 tCO₂e emissions
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. Operational policies reduced fuel burn and idling by over 300,000 gallons annually
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, and an extended preventative maintenance schedule reduced waste oil by over 13,000 gallons and solid waste by over 1,200 pounds
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. Copart also recapped over 4,000 tires
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and invested in a Euro VI compliant transportation network, saving over 376,000 liters of fuel and reducing emissions by 94% for fine particles and 93% for nitrogen oxides
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. The company achieved silver-level accreditation in Carbon Literacy training
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.
Respect for Cultures & Communities
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Copart Inc.'s core business of vehicle auctions does not directly interact with cultural or indigenous communities, which limits its cultural impact.
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Consequently, there are no reported cultural appropriation incidents or cultural site disruptions.
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The company does not have specific cultural impact assessment protocols, cultural preservation funding, or cultural incident response frameworks, as these are not applicable to its operations.
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Similarly, FPIC processes, formal partnerships with indigenous groups, and social license to operate are not applicable to its business model.
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In 2024, Copart donated over $1.2 million to various organizations, including $500,000 to the Champions Community Foundation.
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Safe & Smart Tech
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No specific, quantifiable evidence was found in the provided article to assess Copart Inc. against the defined KPIs for Safe & Smart Tech. While the article mentions a commitment to data privacy and cybersecurity
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, enhanced cybersecurity oversight through a board appointment
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, the implementation of an information security management system
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, and investment in cybersecurity technologies and personnel
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, these statements lack the specific data points (e.g., breach numbers, investment percentages, certification details, training completion rates, encryption coverage, audit frequency, or remediation times) required by the rubric's quantitative thresholds for scoring. The release of an ESG report following UN SDGs, SASB, and GRI frameworks is a reporting initiative
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, not direct evidence for any of the specific technical or operational KPIs.
Zero Waste & Sustainable Products
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Copart's core business model is a critical enabler of the global circular economy, extending the useful life of vehicles and their components, and supporting a cradle-to-cradle product lifecycle by facilitating reuse and recycling.
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The company implements several waste reduction initiatives, including its subsidiary The Green Parts Specialists, which dismantled nearly 8,000 vehicles for parts since 2021.
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Copart has also recapped over 5,000 tires since 2014
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and removes hazardous abandoned vehicles for recovery.
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Additionally, two facilities in Brazil installed rainwater harvesting reservoirs, reducing water consumption by approximately 20%, and use 100% reclaimed water for vehicle rinses.
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For hazardous waste management, Copart utilizes its Environmental Chemical Solutions FM 186-2 program to prevent hydrocarbon spills
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, conducts rigorous periodic compliance reviews for stormwater management
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, and actively contains motor oil and other chemicals.
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The company has a long history without material environmental contamination events.
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In fiscal year 2024, Copart reported no significant instances of non-compliance with waste disposal laws and regulations and paid no related fines.
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