America's Car-Mart, Inc..
CRMT.US | Sale of motor vehicles
America's Car-Mart, Inc. operates as an automotive retailer in the United States. It primarily focuses on selling older model used vehicles and providing financing for its customers. The company caters to customers with limited access to traditional financing options. In addition to vehicle sales, A...Show More
Better Health for All
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America's Car-Mart's core business of selling used vehicles and providing financing has no direct health impact, making its products and services health-neutral. The company does not offer health-related products or services, nor does it collect health data, rendering many health-related KPIs not applicable. The company has donated $10,000 annually to the American Cancer Society (ACS) since 2016, which supports cancer research, prevention, and support.
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This represents a minimal investment in health improvement. The company also conducts a 'Drive Away Cancer' promotion, offering a $1,000 discount on down payments for vehicles, and a 'Community Fan Drive' to donate fans to local charities serving elderly and low-income populations in 12 states, which may indirectly improve comfort and safety during summer heat.
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However, these initiatives are limited in scope and do not constitute a primary focus on health equity, preventative measures, or health education.
Fair Money & Economic Opportunity
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America's Car-Mart originated 55.16% of its active customer contracts in communities categorized as "Credit-At-Risk" or "Credit-Insecure."
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The company's average loan interest rate in FY2022 was 16.5%, which is noted as high compared to traditional auto financing.
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The company partners with Junior Achievement of Arkansas to provide financial literacy programs to students at specific schools, but no specific metrics on the reach or outcomes of these programs are provided.
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The company focuses on serving low-income borrowers in rural communities, with a significant portion of customers located in "Credit-At-Risk" and "Credit-Insecure" counties.
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Fair Pay & Worker Respect
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The company's CEO pay ratio in 2024 was 160:1, based on CEO Doug Campbell's total compensation of $8.4 million and a median employee compensation of $52,747.
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There is no mention of any regulatory actions, violations, fines, or compliance issues related to labor laws or human rights in the provided articles.
Fair Trade & Ethical Sourcing
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No evidence available to assess America's Car-Mart, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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America's Car-Mart has a formal whistleblower policy with a 24/7 third-party hotline.
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However, there is no evidence of independent investigation processes for whistleblower reports, and no calls have been received since inception.
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Complaints made to the 24/7 hotline are investigated within 24 hours.
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The company's board consists of 8 members, with 5 identified as independent, resulting in 62.5% independent directors.
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A Code of Conduct and Ethics policy is in place, emphasizing ethical conduct and compliance with laws, but there is no specific mention of FCPA compliance or training frequency.
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The company utilizes a third-party hotline administrator and conducts quarterly lot inspections by an independent third party for safety, environmental, and maintenance issues.
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Kind to Animals
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The provided articles, including America's Car-Mart's 2023 Corporate Responsibility Report, explicitly state that they contain no data or information relevant to animal welfare, animal testing, animal-derived products, habitat conservation, or any other metrics associated with the 'Kind to Animals' value.
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Consequently, no KPIs can be scored.
No War, No Weapons
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No evidence available to assess America's Car-Mart, Inc. on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess America's Car-Mart, Inc. on Planet-Friendly Business.
Respect for Cultures & Communities
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America's Car-Mart provides a 24/7 third-party hotline for reporting concerns, which implies that grievance mechanisms are available across all its operational sites.
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The company has 154 dealerships in 12 states.
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Safe & Smart Tech
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America's Car-Mart reports no data breaches in its 42-year history.
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The company demonstrates strong employee security training, with 91% of associates completing required computer-based training as of January 31, 2024.
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They also conduct phishing simulations and awareness campaigns, monitoring analytics to identify underperforming users for further training.
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For encryption, payment transactions and private personal information are protected using SSL technology.
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Users have standard control over their data, with options to opt-out of promotional emails and targeted advertising.
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The company has an established responsible disclosure statement outlining procedures for reporting security vulnerabilities.
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Zero Waste & Sustainable Products
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No evidence available to assess America's Car-Mart, Inc. on Zero Waste & Sustainable Products.