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Bowyer Research has recommended Costco Wholesale shareholders to vote in favor of Proposal 4, which calls for an audited report on the feasibility of a 2050 net-zero carbon goal or similar decarbonization targets. The proposal emphasizes the need for transparency and consideration of various factors such as technological and economic feasibility, the accuracy of climate models, international adoption, and government mandates. Costco's Board of Directors opposes the proposal, arguing that further reports are unnecessary and that the company should continue to focus on its current Climate Action Plan. The Board's opposition is criticized for mischaracterizing the proposal, overstating climate risks, and presupposing an activist approach to fiduciary duties. Bowyer Research contends that the Board's response fails to address the substance of the critique and that the transparency requested by the proposal is justified and necessary.
Bowyer Research has recommended Costco Wholesale shareholders to vote in favor of Proposal 4, which calls for an audited report on the feasibility of a 2050 net-zero carbon goal or similar decarbonization targets. The proposal emphasizes the need for transparency and consideration of various factors such as technological and economic feasibility, the accuracy of climate models, international adoption, and government mandates. Costco's Board of Directors opposes the proposal, arguing that further reports are unnecessary and that the company should continue to focus on its current Climate Action Plan. The Board's opposition is criticized for mischaracterizing the proposal, overstating climate risks, and presupposing an activist approach to fiduciary duties. Bowyer Research contends that the Board's response fails to address the substance of the critique and that the transparency requested by the proposal is justified and necessary.
Bowyer Research建议好市多批发股东对提案4投赞成票，该提案要求就2050年净零碳目标或类似脱碳目标的可行性提交一份审计报告。该提案强调需要保持透明度并考虑各种因素，例如技术和经济可行性、气候模型的准确性、国际采用和政府授权。好市多董事会反对该提议，认为没有必要提交进一步的报告，公司应继续关注其当前的气候行动计划。董事会的反对意见因错误地描述了该提案、夸大了气候风险以及以积极的态度履行信托义务为前提而受到批评。Bowyer Research认为，董事会的回应未能解决批评的实质内容，提案所要求的透明度是合理和必要的。
Bowyer Research建议好市多批发股东对提案4投赞成票，该提案要求就2050年净零碳目标或类似脱碳目标的可行性提交一份审计报告。该提案强调需要保持透明度并考虑各种因素，例如技术和经济可行性、气候模型的准确性、国际采用和政府授权。好市多董事会反对该提议，认为没有必要提交进一步的报告，公司应继续关注其当前的气候行动计划。董事会的反对意见因错误地描述了该提案、夸大了气候风险以及以积极的态度履行信托义务为前提而受到批评。Bowyer Research认为，董事会的回应未能解决批评的实质内容，提案所要求的透明度是合理和必要的。
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