Sustainability and Corporate Social Responsibility at CarGurus

At CarGurus, we give people the power to reach their destination, enabling consumers and dealers with the confidence and tools to buy or sell any vehicle, anywhere, at the right price, and in the right way for them. We are driven by our pioneering mindset, collaborative approach, and our commitment to transparency. Importantly, we believe in keeping integrity at the heart of everything we do; acting responsibly and considering the impact of our actions on each other, our customers, and the world around us.

Environmental Sustainability

We endeavor to embody our Core Value of Integrity by acting responsibly and considering the impact of our actions on one other, our partners and the world around us. While our facilities and operations have a limited impact on the environment, there remain opportunities for us to continually improve our conservation, recycling, and waste reduction efforts. For example, as we continue to grow our business and employee population, we needed to find a new location for our future headquarters. We identified this as an opportunity for environmental improvement and to ensure we are doing our part to reduce our carbon footprint. To this end, the building that now houses our headquarters in Boston,
Massachusetts offers cutting-edge systems for energy efficiency and sustainability, consistent with a LEED Gold certified building, is easily accessible by public transportation and has electric vehicle charging stations and indoor bike racks. We believe it is important for us to operate our businesses in an energy-efficient and sustainable manner and we believe our new headquarters will allow us to stay true to our beliefs by helping us further reduce our environmental impact. For our employees in our offices, we encourage participation in a robust recycling program that includes recycling bins at every employee desk and conference room as well as next to all trash receptacles in our office kitchens. We also incentivize low-carbon-producing means of transportation via public transportation subsidies and by offering a generous annual stipend for employees who bike to work.

Community Impact and Philanthropy

Corporate citizenship and social responsibility are part of how we define Integrity: do the right thing by each other, our customers, and the world around us. CarGurus’ Drive Change program strives to support organizations that make a meaningful impact in the communities in which we live and do business. Our Charitable Giving Program, established in 2018, encourages our community to submit nominations for grants to tax-exempt organizations, which are then reviewed and selected by an employee-led committee on a quarterly basis. This has led to impactful contributions, such as sending kids to grief camps, funding lifesaving NICU equipment, supporting music education and providing adaptive bikes for rehabilitative purposes.