CarMax Receives Perfect Score on Corporate Equality Index.Used Car Retailer Recognized for Commitment to Equality Second Consecutive Year RICHMOND, Va. -- CarMax, Inc. (NYSE NYSE See: New York Stock Exchange :KMX KMX Kyocera Mexico KMX Knowledge Management Experts ), the nation's largest retailer of used cars, has achieved a perfect score on the Human Rights Campaign (HRC HRC Human Rights Campaign HRC Human Rights Council (UN) HRC Human Rights Commission HRC Hard Rock Cafe HRC Hillary Rodham Clinton (democratic senator/presidential candidate; former first lady) ) Foundation's annual Corporate Equality Index The Corporate Equality Index is a report published by the Human Rights Campaign Foundation as a tool to rate American businesses on their treatment of gay, lesbian, bisexual and transgender employees, consumers and investors. It has been published annually since 2002. (CEI CEI Competitive Enterprise Institute CEI Conferenza Episcopale Italiana (Italian bishop conference) CEI Central European Initiative CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) ). The CEI measures workplace equality for the lesbian, gay, bisexual and transgender transgender or transgendered adj. Transsexual. (LGBT LGBT Lesbian, Gay, Bisexual, Transgender ) 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 sexual orientation n. The direction of one's sexual interest toward members of the same, opposite, or both sexes, especially a direction seen to be dictated by physiologic rather than sociologic forces. 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. About CarMax CarMax, a Fortune 500 company, and one of the Fortune 2009 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., we currently operate 100 used car superstores in 46 markets. The CarMax consumer offer is structured around four customer benefits: low, no-haggle prices; a broad selection; high quality vehicles; and customer-friendly service. During the twelve months ended February 28, 2009, the company retailed 345,465 used vehicles and sold 194,081 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at http://www.carmax.com. |
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