Costco Wholesale Corp

Common Name
Costco Wholesale
Country
United States
Sector
Consumer Defensive
Industry
Discount Stores
Employees
333,000
Ticker
COST
Exchange
NASDAQ/NGS
Description
Costco Wholesale Corporation operates as a membership-only warehouse club, providing a wide selection of merchandise across various categories internationally. As a leading player in the retail sector...

Costco Wholesale's Climate Target Data Preview

As of 2024, Costco Wholesale has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Costco Wholesale ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Net Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Costco Wholesale's Greenhouse Gas Emissions Pathways

As of 2024, Costco Wholesale has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Costco Wholesale have a target to reduce the emissions from its operations?

As of 2024, Costco Wholesale has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Costco Wholesale's most ambitious operational target is to reduce these emissions by 39% by 2030, compared to a baseline of 2,614,583 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, Costco Wholesale has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Costco Wholesale's Operational (Scope 1+2) Emissions Pathway

2020202320300700 k1.4 M2.1 M2.8 MCurrent (+6%)Target 2030 (-39%)

Does Costco Wholesale have a target to reduce the emissions from its value chain?

As of 2024, Costco Wholesale has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Costco Wholesale's most ambitious value chain target is to reduce these emissions by 20% by 2030, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Net Revenue in 2020.

As of 2023, Costco Wholesale is ahead of schedule on its value chain emissions reduction target, having achieved 47.15% of the planned reduction.

Costco Wholesale's Value Chain (Scope 3) Emissions Pathway

20202023203000000Current (-9%)
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