350 Wenatchee Climate Conversations NCW

Costco has a credit card partnership with one of the dirtiest banks in the world. Citi is the second-largest funder of fossil fuels in the world, the largest American funder of coal, and one of the largest funders of projects that violate human rights and Indigenous sovereignty. To move the banks off of fossil fuels, we need some of these companies’ biggest clients to demand change. As the third largest retailer in the US, Costco, along with its vast membership base, is a massive client of Citi. That’s where you come in.

Tell Costco to drop dirty Citibank as its credit card issuer, for communities and our climate.

Costco is one of Citi’s largest credit card clients. Citi makes a lot of money from its relationship with Costco, and you know what banks care about? Money. That’s why Costco has the power to either persuade Citi to stop financing fossil fuel expansion or switch to a better credit card company that isn’t wrecking the planet. If Costco threatens to move to a fossil-free credit card provider, Citi can be motivated to clean up its act.

Costco has already made important commitments to having climate-friendly operations, and Costco cares about what its members and potential new shoppers think. If we come together, we can hold Costco accountable, put pressure on them to drop Citi, and push Citi to stop financing fossil fuels.

That’s why we need Costco members and non-members alike to tell Costco: clean up your credit card.

We know Costco is popular—that’s why this petition is important: 30% of Americans shop at Costco, they recently adopted a decent climate policy… and hey, free samples and $1.50 hot dogs are hard to beat! That’s why we are hoping to organize thousands of Costco members to sign this petition and tell Costco to live up to its own motto to “do the right thing.”

You can tell Costco right now to shop for a better credit card issuer by signing the petition.

If Costco considered the carbon pollution that is associated with its banking providers as part of its operational carbon footprint, then these emissions are its biggest single source of carbon pollution, even more than the emissions from all the energy used in Costco’s warehouse stores for lights, heating, refrigeration, and deliveries. That’s why it’s so important for Costco to partner with companies that aren’t destroying the planet.

By ending its credit card relationship with Citi, Costco can step up, keep its own climate promises, and help compel Citi to stop funding fossil fuels. We know that Costco listens to us – its shoppers and concerned members of the public – and we know that Citi will listen to Costco. That’s why we need your help right now in telling Costco to clean up its credit card.

In solidarity,
– the Stop the Money Pipeline team.

P.S. Want to learn more about this campaign? Check out our blog.

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