Corporate Sustainability Report
CORPORATE SUSTAINABILITY AND ENERGY GROUP
Table of Contents
Statement from Costco’s Jim Sinegal, President and CEO Statement from Dick DiCerchio, Senior Executive VP, COO Company Overview Business Model Code of Ethics Vendor Code of Conduct Community Commitment Corporate Sustainability and Energy Group Mission Statement Environmental Policy Social & Ethical Sustainability Objectives Corporate Greenhouse Gas Reduction Program Greenhouse Gas Reporting Structure Greenhouse Gases in the Inventory Sources of Emissions Carbon Footprint Sustainable Development Construction Mission Statement Warehouse Building Construction Warehouse Site Design Energy Program Respecting the Environment Energy Management System (EMS) Energy Efficiency Energy Management and Conservation Daylight Harvesting Gas Stations Sustainable Business Practices Depots Sustainable Packaging Design and Materials Energy Conservation with CFL Light Bulbs Recycling Recycling and Waste Stream Management Shrink-Wrap Diverting Trash from Landfills Waste Audit Chicken Grease Separator Produce and Food Waste Sustainably Sourced Products Strategy 2 3 4 5 6 8 9 10 10 11 11 12 12 12 13 13 15 15 15 16 17 17 19 20 21 21 22 23 24 25 27
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Corporate Sustainability Report – January 2009
From Jim Sinegal
President & CEO, Costco Wholesale Corporation
We’re trying to build a company that’s going to be here 50 to 60 years from now. We believe we have an obligation to all of Costco’s stakeholders to run our business in such a way that we will achieve solid long-term results. We owe that to the communities where we do business. We owe that to our employees so that they can count on us for a secure future. We have 140,000 employees, most with families to support; that’s a significant number of people who rely on us. We owe it to our suppliers. Think about the people who produce products for us – thousands and thousands of workers who also depend on Costco for their livelihood. And we owe it to our customers to continue to offer high quality products and services at great prices. In fact, our mere presence in a community makes pricing better throughout the area; because when you have a tough competitor in the marketplace, prices come down. It is our belief that sensible attention to all our stakeholders will provide long-term rewards to our company’s shareholders. In addition to being good merchants, good operators and a good employer, we recognize additional responsibilities that are business imperatives. Costco has always been committed to operating its business in a manner that meets or exceeds legal obligations in every area. We consider the environment that we all share as something to be cared for; and we have continually sought to have as small a carbon footprint as possible while still meeting our business needs. We are renowned for our innovative merchandising practices, while we believe we have been just as innovative in terms of our sustainability efforts over our 26-year history. We were one of the early companies to embrace many of the earth-friendly technologies, such as skylights and recycling. That said, we know we are not perfect and we know that there is plenty more to do. Our pledge is to continue to actively pursue new policies and actions to help us become even more sustainable throughout our entire enterprise.
From Dick DiCerchio
Senior Executive Vice President, COO
First of all, I would like to thank our employees, vendors and members for their support of Costco’s ecological initiatives. As most of you are aware, Costco has always supported the environment with many innovative practices since our beginning. Some of the things we are already doing include: skylights, metal energy-efficient buildings, reuse of boxes instead of bags at check-out, limits on packaging from our suppliers, carpooling, new initiatives in solar, reduction of clam shells and...
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