Costco Wholesale Corporation
Climate Impact & Sustainability Data (2009-2015, 2011)
Reporting Period: 2009-2015
Environmental Metrics
ESG Focus Areas
- Climate Change
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol Corporate Accounting and Reporting Standard
Reporting Period: 2011
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
- Organic Farming Practices
Environmental Achievements
- Developed new, stronger packaging made from recycled water bottles, reducing truck trips from farms to warehouses.
- Implemented the Cool Farm Tool to examine carbon footprint and develop more environmentally friendly procedures across 10 farms.
- Exploration of using chicken manure for biochar as a soil amendment.
Social Achievements
- Established long-term partnerships with 10 family-run chicken farms, helping them transition to organic egg production and ensuring livable incomes.
- Improved working conditions and safety for farm employees (implied).
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Expand sustainable programs to other farm-raised foods (nuts, vanilla, coffee, fish).
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reliable sources of organic feed were needed for chickens.
- Accommodations had to be made to allow chickens to roam and forage outside their roosts.
- Farmers had to meet a long list of regulations for organic certification.
- Adaptation of processing machinery to handle new packaging.
- Initial high costs and time investment for farmers to transition to organic practices.
Mitigation Strategies
- Costco worked closely with farms to develop organic egg programs.
- Costco invested in new packaging solutions.
- Farmers adapted their processing machinery.
- Costco provided support and guidance to farmers throughout the transition.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Long-term partnerships with farmers
- Organic certification requirements
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Organic Certification
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Organic eggs
Awards & Recognition
- Not disclosed