Costco Wholesale Corp.
NAS : COST
2020-2021 Food & Beverage
DOWNLOAD SCORECARD
Company Ranking
21 out of43 Companies
Company Score
SUMMARY
Costco Wholesale Corp. (Costco), which operates membership warehouses selling food goods and sundries and is among the ten largest global retailers,1 ranks 21st out of 43 companies, disclosing about the same amount of information on its forced labor policies and practices as its peers. Since 2018, Costco has improved its score by five points by disclosing further detail on its monitoring process and a partnership with its suppliers and a non-profit focused on responsible recruitment. Costco scores higher than average on the themes of Recruitment and Remedy and lower than average on all other themes. KnowTheChain identified one allegation of forced labor in Costco’s supply chains; the company does not disclose engagement with affected stakeholders nor remedy outcomes for workers. It is encouraged to improve on the themes of Commitment & Governance, Purchasing Practices, and Worker Voice.
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
SELECTED COMPANIES
SCORE HISTORY
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
Commitment | 100 / 100 |
Supplier Code of Conduct | 80 / 100 |
Management and Accountability | 0 / 100 |
Training | 30 / 100 |
Stakeholder Engagement | 50 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 12.5 / 100 |
Risk Assessment | 25 / 100 |
Purchasing Practices
Purchasing Practices | 12.5 / 100 |
Supplier Selection | 0 / 100 |
Integration into Supplier Contracts | 15 / 100 |
Recruitment
Recruitment Approach | 30 / 100 |
Recruitment Fees | 25 / 100 |
Monitoring and Responsible Recruitment | 75 / 100 |
Rights of Workers in Vulnerable Conditions | 15 / 100 |
Worker Voice
Freedom of Association | 0 / 100 |
Worker Engagement | 25 / 100 |
Grievance Mechanism | 30 / 100 |
Monitoring
Monitoring Process | 40 / 100 |
Monitoring Disclosure | 10 / 100 |
Remedy
Corrective Action Plans | 75 / 100 |
Remedy Programs | 0 / 100 |