Costco Wholesale

Issaquah, Washington
Food and Staples Retailing, Retailing

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Costco is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Costco occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Costco Wholesale

W. Craig Jelinek

W. Craig Jelinek

Summary:

Headquartered in Issaquah, Washington, Costco Wholesale is a member of the Fortune 250 operating in the Food and Staples Retailing industry. W. Craig Jelinek and Hamilton E. James serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $1,692,038 to Republican causes and $1,374,450 to Democratic causes. Under their tenure, Costco Wholesale currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$1,692,038

$1,374,450

Republican

Democrat

China Risk Database

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Number of Facilities: 14

Total Export Dollars: $427,906,029

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Total Estimated Sanctions (3-year Avg.)

$954,418

Average Annual Revenue

Global

$178,430,333,333

China Revenue

0.01%

$22,621,854

Annual Average of Total Assets

Global

$54,754,666,667

China Assets

0.01%

$6,895,180

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
1/18/24EnvironmentalNational Center for Public Policy ResearchFiduciary Carbon-Emission Relevance ReportAgainst1.92%
1/19/23SocialArjuna CapitalReport on Reproductive Health Rights RisksAgainst13.30%
1/20/22EnvironmentalGreen Century Capital ManagementReport on GHG Emissions Reduction TargetsAgainst69.95%
1/20/22SocialAmerican Baptist Home Mission SocietyRacial Justice & Food Equity ReportAgainst17.33%
1/20/22SocialNational Center for Public Policy ResearchCharitable Giving ReportAgainst3.17%
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