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Company Directory - Costco Wholesale

Company Details - Costco Wholesale

Costco Wholesale Logo

Costco Wholesale

Website

Issaquah, United States

NASDAQ: COST 

855 Locations

A multinational corporation that operates a chain of membership-only warehouse clubs, providing a wide selection of merchandise at competitive prices. Costco is known for its bulk buying options and a variety of products, including groceries, electronics, and household goods.

CCI Score

CCI Score: Costco Wholesale

-15.83

Latest Event

Costco Political Contributions in 2024

According to OpenSecrets, Costco Wholesale contributed over $1.23 million during the 2024 electoral cycle, with no recorded lobbying expenditures. This sizable financial involvement reflects the company's active participation in shaping the political landscape.

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ENABLER

Costco Wholesale is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Costco Political Contributions in 2024 Logo
    FEB
    06
    2025

    According to OpenSecrets, Costco Wholesale contributed over $1.23 million during the 2024 electoral cycle, with no recorded lobbying expenditures. This sizable financial involvement reflects the company's active participation in shaping the political landscape.

  • -40

    Political Contributions and Lobbying Efforts

    June 18

    Costco's political contributions of over $1.23 million in 2024 indicate a significant deployment of corporate financial resources in the political sphere. While there were no lobbying expenditures reported, such large donations can amplify corporate influence over policy making, potentially sidelining democratic accountability. From an anti-fascist perspective, this level of corporate political engagement raises concerns about the erosion of public influence in favor of corporate interests.

    Costco Wholesale Profile: Summary • OpenSecrets

  • Costco's 2024 Political Contributions Profile Logo
    FEB
    06
    2025

    According to OpenSecrets data, Costco contributed $1,234,076 during the 2024 election cycle, with zero lobbying and outside spending recorded. The information, released alongside other campaign finance data, highlights the company's political financing activities.

  • -30

    Political Contributions and Lobbying Efforts

    June 18

    Costco's reported contribution of over $1.2M in the 2024 cycle demonstrates significant corporate political spending. From an anti-authoritarian perspective, such financial influence—absent counterbalancing lobbying or transparency measures—raises concerns about the potential for undue corporate influence on democratic processes.

    Costco Wholesale Profile: Summary • OpenSecrets

  • Costco Shareholders Reject Anti-DEI Proposal Logo
    JAN
    23
    2025

    At its 2025 annual shareholders meeting, Costco's board-backed stance on diversity was affirmed as more than 98% of shareholders voted against a proposal urging the company to assess risks in its DEI practices, a move criticized by a conservative think tank for allegedly promoting a 'radical Marxist agenda'.

  • +80

    Public and Political Behavior

    June 18

    The board’s defense of DEI and the overwhelming shareholder rejection of an anti-DEI proposal underscores Costco's commitment to inclusive public values, effectively countering far-right ideological attempts to diminish diversity initiatives.

    Costco shareholders reject an anti-DEI measure, after Walmart and others end diversity programs

  • +70

    Business Practices and Ethical Responsibility

    June 18

    By dismissing the anti-DEI proposal, Costco reaffirms its commitment to ethical business practices and inclusion, thereby upholding corporate responsibility toward marginalized communities and maintaining progressive labor standards.

    Costco shareholders reject an anti-DEI measure, after Walmart and others end diversity programs

  • Costco Board Defends DEI Programs Against Anti-DEI Lobby Logo
    DEC
    28
    2024

    Costco's Board of Trustees unanimously urged shareholders to vote against a proposal by the National Center for Public Policy Research that aimed to eliminate its diversity, equity, and inclusion programs. The board emphasized that these initiatives are essential for recruiting and retaining a diverse workforce and for maintaining ethical business practices.

  • +60

    Public and Political Behavior

    June 18

    The board's decision to actively oppose a proposal driven by a far-right lobbying group demonstrates a commitment to progressive and inclusive practices. By defending DEI programs, Costco positions itself against authoritarian, anti-diversity efforts and reinforces its dedication to ethical and transparent leadership.

    Costco board decries effort to end its DEI programs

  • +40

    Labor Relations and Human Rights Practices

    June 18

    By upholding its DEI efforts, Costco reinforces its commitment to fair labor practices and the protection of human rights among its diverse workforce. This action supports inclusivity and equal opportunity, countering trends that could undermine worker rights and marginalized communities.

    Costco board decries effort to end its DEI programs

  • Costco Accused of Unfair Labor Practices Logo
    DEC
    05
    2024

    Teamsters union alleges that Costco expelled union representatives, harassed workers for wearing union attire, changed locks on union bulletin boards, removed union literature, and blocked union communications ahead of contract negotiations for over 18,000 Teamsters nationwide.

  • -60

    Labor Relations and Human Rights Practices

    June 18

    Costco's reported actions—expelling union representatives, harassing workers displaying union affiliation, obstructing union communications by changing locks and removing literature—reflect significant anti-worker practices that undermine labor rights. Such behavior is inconsistent with promoting fair labor practices and is seen as aligning with authoritarian, anti-union tendencies.

    Costco accused of unfair labor practices by Teamsters union

  • Costco Faces Unfair Labor Practice Charges Logo
    DEC
    04
    2024

    Teamsters have filed multiple unfair labor practice charges against Costco, accusing the company of blatantly violating federal labor laws and its collective bargaining agreement through actions including expelling union representatives, harassing workers sporting union insignia, sending employees home, and tampering with union communication channels.

  • -80

    Labor Relations and Human Rights Practices

    June 18

    The charges allege that Costco engaged in severe anti-worker practices by intimidating and disciplining union supporters, undermining collective bargaining rights. These actions reflect a blatant disregard for labor rights and contribute to an authoritarian corporate environment, warranting a strongly negative rating in the realm of labor relations and human rights practices.

    Teamsters File Charges Against Costco

  • Costco Board Donates Heavily to Democratic Candidates Logo
    OCT
    28
    2024

    Multiple members of Costco’s board, including Chairman Hamilton E. James and other notable directors, made significant donations to Democratic candidates and PACs during the 2024 election cycle. These contributions support progressive policies and DEI initiatives amid controversies and calls to scrap such policies by state attorneys general.

  • +80

    Political Contributions and Lobbying Efforts

    June 18

    Costco board members, through substantial donations to Democratic candidates and PACs, have taken a public stance that defends DEI and progressive values. In an environment where there is pushback against DEI policies, these contributions signal a commitment to inclusive practices and counter authoritarian pressures, aligning with anti-fascist principles.

    Costco board members donated heavily to Democrats in 2024 election cycle

  • Costco Board Members Fund Progressive Causes Logo
    OCT
    28
    2024

    Costco board members, including Chairman Hamilton E. James and other influential figures like Jeff Raikes and Kenneth Denman, made significant donations to Democratic political action committees and candidates during the 2024 election cycle. These contributions support progressive, anti-fascist values and bolster the company’s commitment to DEI policies, even as the company faces pressure from anti-DEI initiatives.

  • +80

    Political Contributions and Lobbying Efforts

    June 18

    The substantial donations made by key board members to progressive and Democratic-aligned PACs and candidates are a clear demonstration of support for anti-fascist and inclusive policies. This political engagement not only reinforces DEI initiatives despite public backlash but also actively supports movements against authoritarian tendencies.

    Costco board members donated heavily to Democrats in 2024 election cycle

  • Costco Under Fire for Selling Controversial Surveillance Technology Logo
    NOV
    02
    2023

    Bipartisan lawmakers are questioning Costco's decision to continue selling Chinese-manufactured surveillance equipment, which has been linked to human rights abuses and cybersecurity risks, raising concerns over its role in enabling repressive technologies.

  • -70

    Provision of Repressive Technologies

    June 18

    Costco continues to sell surveillance products manufactured in China despite allegations linking these products to human rights abuses and cybersecurity risks. This decision, highlighted by bipartisan lawmakers, raises serious concerns about the company's potential complicity in facilitating repressive technologies.

    Lawmakers Demand Answers From Costco Over Sale of Surveillance Equipment Made Using ‘Banned Chinese Components’

  • Costco Accused of Selling Banned Surveillance Equipment Logo
    NOV
    02
    2023

    On November 2, 2023, U.S. lawmakers sent a letter to Costco’s CEO questioning the sale of banned Chinese surveillance products linked to cybersecurity vulnerabilities and human rights abuses, including connections to the Uyghur genocide. The letter urged the removal of Lorex equipment, previously sold by Dahua, from Costco's shelves, highlighting a breach of the company’s global Code of Conduct regarding human rights.

  • -70

    Supply Chain Ethics

    June 18

    Costco is being criticized for selling banned surveillance equipment that poses cybersecurity risks and contributes to human rights abuses. This action is at odds with its ethical supply chain standards, suggesting a breach in its commitment to prohibiting human rights violations.

    U.S. Lawmakers Charge Costco with Selling More Banned Surveillance Equipment

  • -60

    Provision of Repressive Technologies

    June 18

    By selling surveillance technology that is on the banned list, Costco indirectly supports the market for repressive technologies. The equipment’s links to invasive surveillance practices and ethnic profiling, which have been used in authoritarian regimes, contribute to broader systemic abuses.

    U.S. Lawmakers Charge Costco with Selling More Banned Surveillance Equipment

  • Costco Under Scrutiny for Selling Banned Surveillance Equipment and Questionable Supply Chain Practices Logo
    OCT
    31
    2023

    Congress members sent a letter on October 31, 2023, questioning Costco's sale of Lorex security products, which incorporate Chinese-made equipment from Dahua that is banned by the FCC due to security vulnerabilities and its ties to human rights abuses, including the surveillance of ethnic Uyghurs. Additionally, concerns have been raised regarding forced labor in Costco’s seafood supply chain.

  • -80

    Provision of Repressive Technologies

    June 18

    Costco’s sale of Lorex security products, which use banned Chinese surveillance technology from Dahua, directly contradicts national security and human rights standards. The products, linked to unauthorized surveillance and further associated with repression of Uyghurs, represent a serious risk as they can be repurposed for repressive state use.

    Lawmakers Rake Costco Over The Coals For Selling Government-Banned Chinese Spy Gear

  • -65

    Supply Chain Ethics

    June 18

    Additional concerns have been raised regarding Costco’s supply chain, particularly in relation to forced labor allegations in its seafood sourcing. This raises ethical sourcing red flags and suggests complicity in human rights abuses, which is at odds with responsible business practices.

    Lawmakers Rake Costco Over The Coals For Selling Government-Banned Chinese Spy Gear

  • Costco Continues to Sell Banned Surveillance Equipment Logo
    OCT
    31
    2023

    Costco is facing bipartisan criticism after lawmakers questioned the retailer’s decision to continue selling Lorex surveillance technology, which is linked to cybersecurity risks and alleged human rights abuses. The continued sale conflicts with Costco's public commitments on ethical sourcing and human rights.

  • -80

    Provision of Repressive Technologies

    June 18

    Costco’s decision to continue selling Lorex products, originally linked to Dahua— a company sanctioned for supplying surveillance equipment used in repressive surveillance—raises severe concerns about enabling authoritarian state practices. The sale is especially troubling given existing cybersecurity risks and human rights abuse associations.

    Lawmakers say Costco’s decision to continue selling banned China surveillance tech is ‘puzzling’

  • -60

    Supply Chain Ethics

    June 18

    The continued sale of the controversial surveillance equipment undermines Costco's ethical commitments regarding its supply chain. By persisting in offering products associated with human rights abuses and unethical sourcing, Costco faces significant accountability concerns from lawmakers.

    Lawmakers say Costco’s decision to continue selling banned China surveillance tech is ‘puzzling’

  • Costco Non-Response to Forced Labor Allegations in Seafood Supply Chain Logo
    OCT
    01
    2023

    Costco has not issued a public response to growing concerns raised by NGOs and reports about alleged Uyghur forced labor and migrant worker abuse within its seafood supply chain, raising questions about the company’s commitment to ethical sourcing and human rights practices.

  • -55

    Labor Relations and Human Rights Practices

    June 18

    Costco's failure to address allegations related to forced labor and migrant worker abuse raises serious concerns in the realm of labor relations and human rights practices. By not responding to calls for accountability, the company demonstrates a disregard for worker rights, which is problematic from an anti-fascist, human rights perspective.

    Costco non-response to Uyghur forced labour & migrant worker abuse in seafood supply chains

  • -60

    Supply Chain Ethics

    June 18

    By not engaging with or acknowledging the allegations of forced labor in its seafood supply chains, Costco exhibits a neglect in supply chain ethics. This non-response not only undermines trust but also suggests a potential complicity in unethical sourcing practices that contribute to authoritarian exploitation.

    Costco non-response to Uyghur forced labour & migrant worker abuse in seafood supply chains

  • Costco Non-response to Child Labour Allegations Logo
    OCT
    01
    2023

    Costco has not responded to allegations reported by Business & Human Rights Resource Centre that audits fail to detect child labour in its food supply chains, raising concerns about its supply chain ethics and oversight of labor practices.

  • -70

    Supply Chain Ethics

    June 18

    The non-response by Costco to audit failures in detecting child labour in its supply chains indicates a neglect in enforcing ethical sourcing practices and protecting workers' rights. This inaction reflects negatively on the company's overall commitment to ethical business practices and labor standards.

    Costco non-response New York Times alleging audits fail to detect child labour in supply chains

  • Costco Implements Strict Political Spending Policy Logo
    SEP
    01
    2021

    Costco's policy, last revised in September 2021, prohibits contributions to political parties, candidates, 527 organizations, and restricts trade association dues from being used for political spending. This measure is designed to prevent corporate funds from influencing political processes, aligning with a commitment to ethical political engagement.

  • +70

    Political Contributions and Lobbying Efforts

    June 18

    Costco's established policy against making political contributions — including to any political party, candidate, or via indirect methods such as 527 organizations — reflects a deliberate effort to avoid channeling corporate funds into potentially authoritarian or extremist political agendas. This transparent stance supports anti-fascist values by ensuring political neutrality and ethical engagement.

    Costco Wholesale Corporation Policy Regarding Spending on Elections and Policy Advocacy

  • Costco Faces Lawsuit Over Slave Labor in Prawn Supply Chain Logo
    AUG
    19
    2015

    A lawsuit filed in the U.S. District Court alleges that Costco knowingly sold frozen prawns produced using slave labor, human trafficking, and other labor abuses from Southeast Asian suppliers. The complaint seeks injunctive relief and restitution for consumers, highlighting serious concerns in Costco’s supply chain ethics and labor practices.

  • -80

    Supply Chain Ethics

    June 18

    The lawsuit alleges that Costco was aware that its prawn supply chain involved documented slavery, human trafficking, and other illegal labor abuses, reflecting severe ethical breaches in its supply chain management.

    Costco Taken to Court for Knowingly Selling Slave Labor Shrimp to Unsuspecting Californians

  • -75

    Labor Relations and Human Rights Practices

    June 18

    The complaint not only raises supply chain issues but also underscores systemic labor rights violations including forced labor, which directly impacts worker rights and human dignity.

    Costco Taken to Court for Knowingly Selling Slave Labor Shrimp to Unsuspecting Californians

Corporate Financials

Revenue
2023
$236.00B
Total Assets
2023
$50.90B
Operating Income
2023
$5.50B
Total Equity
2023
$27.70B

Employees: 500,000

Industries

424450
Confectionery Merchant Wholesalers
445110
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
452910
Warehouse Clubs and Supercenters
452990
All Other General Merchandise Stores