About Costco Wholesale

Costco Wholesale Corporation, or Costco, is an American multinational fashion brand headquartered in Washington. Talking about Costco is talking about the convenience and trust of every home, especially for women when shopping for their families and themselves.

Since its inception, Costco has had a total of 770 warehouses and stores worldwide.

COSTCO CoC . requirements

ITVC Global would like to introduce the content of Costco's assessment requirements as follows:

Suppliers and subcontractors:

Suppliers are responsible for ensuring compliance with the Costco Code of Conduct in all Facilities and their suppliers or subcontractors that manufacture or supply materials or services used in production, outsourcing or manufacturing goods to be sold to Costco.

Child labor:

All workers must be at least fourteen (14) years of age unless otherwise permitted by applicable local law. Suppliers and facilities are required to maintain official and verifiable documentation of each worker's date of birth, and in the absence of such documentation, other legal means of verifying a worker's age are required. core.

Physical abuse of prison, slave or slave labor

Suppliers and facilities may not use prisoner or slave labor or induce any physical abuse or corporal punishment.

Labor and employment standards

Suppliers and facilities must comply with all applicable labor and employment laws and regulations of the country, locality, province or countries in which the goods are manufactured, including laws prohibiting labor forced or bonded and guaranteed slavery, regulation of wages, freedom of association for employees, regulation of the use of foreign contracts or immigrant workers, prohibition of discrimination in recruitment employment and employment based on race, color, religion, sex, age, physical ability, or national origin.

A. Salary and Benefits

B. Regular working hours and overtime hours

C. Employment contract

D. Foreign Contract or Migrant Labor

E. Practice Discipline

F. Recruitment agencies

Health, safety and workplace standards

Suppliers and facilities must comply with all applicable national and local, provincial or state laws and regulations of the country in which goods are manufactured that are relevant to the health and safety of workers. .

In addition, suppliers and facilities must also comply with the following as mandated by local law. Unless authorized by local law, suppliers and facilities should accept the following as "Exceeding Goals" and as part of their management practices:

Environmental Standards

Suppliers and facilities must comply with all applicable national and local, provincial or municipal laws and regulations of the country in which the goods are manufactured that may apply to their business activities.

In addition, suppliers and facilities must also comply with the following as mandated by local law. Unless authorized by local law, suppliers and facilities should accept the following as "Exceeding Goals" and as part of management practices.

Rate the facilities

At any time with or without prior notice, Costco reserves the right to audit and/or authorize a third party to audit a supplier's costs, without any restrictions or all facilities. (including any suppliers or subcontractors). Supplier will require establishment management to provide facility access to all books and records to conduct a comprehensive audit, including the opportunity for confidential and private interviews with employees basis selected by the auditor. Any worker or auditor may not engage in any kind of retaliation.

Purpose of COSTCO CoC

The Costco Wholesale Corporation is committed to protecting the labor rights and safety of its workers, while recognizing and respecting cultural and legal differences around the world. In short, Costco:

- Prohibit illegal child labor, forced prison labor or slave labor and physical abuse of workers;

- Suppliers are expected to, as a minimum, comply with applicable labor and environmental laws and regulations of the country of manufacture; and

- Encourage suppliers to achieve the "goals beyond expectations" that they have set.

Benefits of COSTCO assessment

- Motivate consumers to build positive emotions on products.

- Firmly cooperate with buyers and expand to new markets, creating a solid foundation for long-term development.

- Reduce business risk and increase orders. Loss of orders caused by work-related injuries, legal proceedings, etc.

- Developing new markets and customers, socially responsible companies will stand out from their competitors.

- Establish a management system that meets international requirements that can be recognized internationally and increase competition with well-known brands.

- COSTCO inspection method, in addition to traceability, there is a sampling system that differs from the standard system of employee sample surveys.