Costco Wholesale Corp. (COST) has disclosed a new risk, in the Regulation category.
Costco Wholesale Corp. faces significant business risk related to its Environmental, Social, and Governance (ESG) commitments. Despite setting ambitious sustainability targets, external factors such as unpredictable economic conditions, challenges in accessing cost-effective technology and clean energy, as well as potential hurdles in collaborating with third parties, could hinder the achievement of these objectives. Inadequate or delayed investments and implementation missteps in ESG initiatives may result in reputational damage among members and stakeholders, potentially impacting Costco’s business adversely.
The average COST stock price target is $941.32, implying 3.54% upside potential.
To learn more about Costco Wholesale Corp.’s risk factors, click here.