Costco Wholesale
Costco Wholesale Corporation, commonly known as Costco, is a leading membership-only warehouse club headquartered in the United States. Founded in 1983, Costco has established a significant presence across North America, Europe, and Asia, offering a diverse range of products and services. The company operates in the retail industry, primarily focusing on bulk merchandise, groceries, electronics, and household goods. What sets Costco apart is its commitment to providing high-quality products at competitive prices, often through exclusive private-label brands like Kirkland Signature. With over 800 locations worldwide, Costco has garnered a loyal customer base, making it one of the largest retailers globally. Notable achievements include consistently ranking among the top retailers in the Fortune 500, reflecting its strong market position and dedication to customer satisfaction.
DitchCarbon Score
How does Costco Wholesale's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Costco Wholesale's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Costco Wholesale's reported carbon emissions
In 2023, Costco Wholesale reported significant carbon emissions, with approximately 168,967,000 kg CO2e attributed to Scope 3 emissions from waste generated in operations. This follows a total emission figure of about 174,055,286,000 kg CO2e in 2022, which included 1,405,640,000 kg CO2e from Scope 1 and 1,418,244,000 kg CO2e from Scope 2 emissions. The Scope 3 emissions for 2022 were approximately 171,274,463,000 kg CO2e, primarily from fuel and energy-related activities. Costco has not publicly disclosed specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively engaged in sustainability efforts, as indicated by its commitment to reducing its carbon footprint through various operational improvements. The emissions data is sourced directly from Costco Wholesale Corporation, with no cascaded data from parent or related organizations. Overall, Costco's emissions profile highlights the importance of addressing Scope 3 emissions, which represent a significant portion of its total carbon footprint. The company continues to explore avenues for enhancing its sustainability practices in alignment with industry standards.
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| 2007 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 214,188,000 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 2 | 1,125,863,000 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Costco Wholesale is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
