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**Costco Wholesale Corporation**, commonly known as Costco, stands as a global leader in the retail trade services sector. Headquartered in the US, with a significant operational presence across North America, Europe, Asia, and Australia, Costco has redefined value-driven shopping since its founding in 1983.
Operating within the dynamic industry of retail trade services, excluding motor vehicles and motorcycles, Costco's primary business revolves around its innovative membership-based warehouse clubs. This model offers members access to a vast selection of high-quality, branded and private-label products, from groceries and electronics to home goods and fresh produce, often in bulk quantities.
Costco's distinctive approach to retail, focusing on high sales volumes and a streamlined inventory, allows for competitive pricing, a key differentiator in the market. This strategy has cemented its position as one of the largest retailers worldwide, renowned for its commitment to member satisfaction and exceptional value.
+11 vs industry average
Costco Wholesale’s score of 47 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Costco Wholesale's most recent reported emissions data for 2024 indicates total carbon emissions of approximately 182.2 billion kg CO2e. This figure includes Scope 1 emissions of about 1.3 billion kg CO2e, Scope 2 emissions (market-based) of approximately 1.3 billion kg CO2e, and Scope 3 emissions of around 180 billion kg CO2e.
Looking back, in 2023, their total emissions were approximately 193 billion kg CO2e, comprising Scope 1 emissions of about 1.4 billion kg CO2e, Scope 2 emissions (market-based) of around 1.3 billion kg CO2e, and Scope 3 emissions of approximately 190 billion kg CO2e.
The company's Scope 3 emissions in 2024 were primarily driven by purchased goods and services (approximately 85.2 billion kg CO2e) and use of sold products (about 83.3 billion kg CO2e). Other significant Scope 3 categories included upstream transportation and distribution (approximately 7.7 billion kg CO2e), employee commute (about 500 million kg CO2e), fuel and energy related activities (around 500 million kg CO2e), downstream transportation and distribution (approximately 1.1 billion kg CO2e), capital goods (around 1.2 billion kg CO2e), waste generated in operations (about 200 million kg CO2e), and business travel (approximately 20 million kg CO2e).
Costco Wholesale has not publicly reported any specific emissions reduction targets, such as those validated by the Science Based Targets initiative (SBTi), nor has it made commitments to initiatives like the Climate Pledge or RE100. The provided data does not include details on any climate commitments or reduction initiatives.
No climate goals have been disclosed for Costco Wholesale yet.
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