2 | PageINTRODUCTIONCostco currently lacks targets to reduce its greenhouse gas emissions and align its business with the Paris Agreement’s 1.5-degree Celsius goal. Costco’s forest risk commodity sourcing and lack of greenhouse gas targets thus potentially contribute to the Company’s own commodity shortages and costs. COMPETITIVE RISKCostco lags in adopting greenhouse gas emissions reduction targets that would help mitigate the Company’s exposure to climate-related risks. The Company does not disclose its comprehensive Scope 3 emissions, nor has it described its emissions reduction targets. Costco lacks policies for science-based greenhouse gas emission reduction targets, heightening its potential for reputational damage.

Source: The Guardian December 15, 2021 20:50 UTC