RICHMOND, Va. (September 14, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has achieved a perfect score on the Human Rights Campaign (HRC) Foundation’s annual Corporate Equality Index (CEI). The CEI measures workplace equality for the lesbian, gay, bisexual and transgender (LGBT) community. As part of this recognition, CarMax is also listed as an HRC “Best Place to Work for LGBT Equality” and in their annual “Buying for Equality” resource guide.
“We are once again proud to be recognized on the Corporate Equality Index for our commitment to equality,” said Tom Folliard, president and chief executive officer of CarMax. “We hire associates with diverse and unique backgrounds and understand the competitive advantage they bring to our organization.”
CarMax has a nondiscrimination policy in place for recruiting, hiring, training and promoting associates that includes sexual orientation and gender identity. In 2005, CarMax began offering health insurance coverage for domestic partners. CarMax associates are provided training that emphasizes the importance of diversity and its impact on a successful business. This training covers the topic of sexual orientation and all associates are required to complete the training at the start of employment.
The HRC was founded in 1980 and is the largest civil rights organization working to achieve equality for LGBT communities. The Corporate Equality Index was first reported in 2002 and rates companies on a scale from zero to 100 percent. The scoring is calculated by a point system which rates criteria such as diversity training, domestic partner benefits and other nondiscrimination policies as well as respectful advertising toward the LGBT community.
Diversity and inclusion are essential features of [these] businesses, and recruiting and retaining the best employees—including those in or allied with the transgender community—is a critical component of their diversity missions.”