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Costco Wholesale is a multi-billion-dollar global retailer founded in 1976, with membership warehouse clubs and e-commerce operations in eight countries. It sells appliances, beauty products, luggage, clothing, electronics, groceries, and household essentials, among other products. In 2022, the company employed over 300,000 people and reported USD 226,954 billion in revenue.
Summary
Costco Wholesale performs poorly overall and ranks 52nd in the apparel sector with a score of 13.1 out of 100. It displays moderate to poor performance in all measurement areas, having the greatest opportunity to improve in the violence and harassment measurement area, where it ranks almost at the bottom.
While Costco Wholesale discloses more information about its channels and grievance mechanisms for both its own employees and external individuals, it has the opportunity to make a public commitment to gender equality and women’s empowerment. Additionally, the company can enhance its policies by disclosing both its global primary caregiver and secondary caregiver leave policies, aligning them with ILO standards of at least 14 weeks and 2 weeks, respectively. Furthermore, Costco Wholesale has the opportunity to provide more information about its policies related to workplace violence and harassment. The company can also disclose its remediation process for addressing grievances related to violence and harassment in the workplace. Moreover, Costco Wholesale can share more information about whether it requires its suppliers to have an effective remediation process for addressing violence and harassment grievances among their workers, promoting a safer and more inclusive working environment.
Ranking position
#93
/112
Total score
13.1
/100
Measurement area
Score
Rank (0-112)
Measurement area
Governance and strategy
Score
# 1
2.1
/20
Rank (0-112):
#82
Measurement area
Representation
Score
# 1
1.6
/17.5
Rank (0-112):
#92
Measurement area
Compensation and benefits
Score
# 1
1.5
/17.5
Rank (0-112):
#59
Measurement area
Health and well-being
Score
# 1
5.5
/17.5
Rank (0-112):
#46
Measurement area
Violence and harassment
Score
# 1
1.1
/17.5
Rank (0-112):
#102
Measurement area
Marketplace and community
Score
# 1
1.3
/10
Rank (0-112):
#61
Total score
Score
13.1
/100
Rank (0-112):
#93
Value chain element
Score
Value chain element
Workplace
Score
2.2
/35
Value chain element
Supply chain
Score
7.5
/35
Segment
Segment
Apparel
#52
More about the company
Headquarters
Issaquah, WA, USA
Number of employees
304000
Percentage of female employees
Group revenue
USD 226,954 billion
Ownership structure
Publicly listed
Website
https://www.costco.com/
17993