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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建議好市多批發股東對提案4投贊成票，該提案要求就2050年淨零碳目標或類似脫碳目標的可行性提交一份審計報告。該提案強調需要保持透明度並考慮各種因素，例如技術和經濟可行性、氣候模型的準確性、國際採用和政府授權。好市多董事會反對該提議，認爲沒有必要提交進一步的報告，公司應繼續關注其當前的氣候行動計劃。董事會的反對意見因錯誤地描述了該提案、誇大了氣候風險以及以積極的態度履行信託義務爲前提而受到批評。Bowyer Research認爲，董事會的回應未能解決批評的實質內容，提案所要求的透明度是合理和必要的。
Bowyer Research建議好市多批發股東對提案4投贊成票，該提案要求就2050年淨零碳目標或類似脫碳目標的可行性提交一份審計報告。該提案強調需要保持透明度並考慮各種因素，例如技術和經濟可行性、氣候模型的準確性、國際採用和政府授權。好市多董事會反對該提議，認爲沒有必要提交進一步的報告，公司應繼續關注其當前的氣候行動計劃。董事會的反對意見因錯誤地描述了該提案、誇大了氣候風險以及以積極的態度履行信託義務爲前提而受到批評。Bowyer Research認爲，董事會的回應未能解決批評的實質內容，提案所要求的透明度是合理和必要的。
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