Costco continuously monitors global ESG regulations, including those in Korea, Japan, China, Taiwan, Australia and New Zealand. In particular, to identify trends in climate-related regulations, Costco and/or its local entities require ongoing updates on whether they are subject to climate-related disclosure or reporting obligations.

Leveraging expertise in climate-related laws and policy developments, Kim & Chang has conducted research not only on currently enforced statutory disclosure or reporting obligations, but also on obligations under legislative or policy initiatives in progress. Based on this research, our firm has reviewed regulatory content potentially applicable to Costco.