Advance Auto Parts, Inc. ESG Profile (AAP): Is It Sustainable?

Advance Auto Parts, Inc. is at the forefront of driving positive social and environmental impact within the automotive industry. Established in 1929 and headquartered in Raleigh, North Carolina, the company has grown to become a leading provider of automotive replacement parts, accessories, batteries, and maintenance items for a wide range of vehicles. With a network of 4,806 stores and 170 branches across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada, as well as supporting 1,277 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands, Advance Auto Parts demonstrates a commitment to accessibility and community support.

In alignment with sustainable investing values, Advance Auto Parts focuses on offering products that contribute to the longevity and efficiency of vehicles, such as energy-efficient lighting products and eco-friendly motor oils, reducing the environmental impact of automotive maintenance. The company’s extensive range of products includes battery accessories, belts, hoses, brakes, chassis parts, climate control components, engines and engine parts, exhaust systems, radiators, starters, alternators, and steering parts. These offerings ensure that vehicles are maintained using high-quality parts that extend their lifespan, thus minimizing waste.

Further demonstrating its commitment to sustainability and social responsibility, Advance Auto Parts provides services such as battery and wiper installation, engine light scanning, electrical system testing, oil and battery recycling—all aimed at promoting responsible vehicle maintenance practices. By offering a loaner tool program, the company also encourages DIY customers to undertake their own vehicle repairs, fostering a culture of empowerment and reducing the need for professional services that can often result in higher resource consumption.

The sale of products through its website not only enhances accessibility for professional installers and DIY customers but also supports a reduction in carbon emissions by minimizing the need for physical store visits. The operation under various brands including Advance Auto Parts, Autopart International, Carquest, and Worldpac ensures a wide-reaching impact on communities and the environment.

For socially conscious investors and customers who prioritize sustainable practices, Advance Auto Parts represents a company deeply invested in not only serving the automotive needs of today but also in driving forward a more sustainable and responsible automotive maintenance culture for the future.