Climate Change

Costco Members Welcome New CEO With a Party—and a Demand to Drop Citibank

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2 years ago

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Activists pressing the retailer to stop partnering its credit card with the world’s second-biggest fossil fuel financer test whether big companies can push banks to divest from oil, gas and coal.

By Keerti Gopal

Climate activists gathered at Costco’s Washington state headquarters on Wednesday with a congratulatory card and cake for the company’s newly appointed chief executive officer, along with a clear demand to drop Citibank as the financial institution for the Costco credit card.

Costco Members Welcome New CEO With a Party—and a Demand to Drop Citibank
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