Costco should cut ties with Citibank

I worry about the climate. Lots of folks do these days. So I was really disappointed to learn that Citibank is one of the biggest lenders to fossil fuel companies. Since 2016 Citi has invested a whopping $332 billion in this industry, ever worsening the livability of our planet as we fight a barrage of floods, fires, excessive heat, and loss of life. Not to mention that atmospheric river that just swept through.

Costco, being the third largest retailer in the U.S., has the capability to persuade Citibank to stop funding fossil fuels. And all the customers of Costco can help push this agenda. Recently 18,000 Costco customers as well as 40,000 other people signed a petition asking Costco to cut ties with Citi. 

Costco considers itself an ethical company. They have succeeded in reducing their use of plastics and have done a good job at adding organic food. There are plenty of banks that don’t damage the environment like Citibank. And lots of people love Costco. Let’s all encourage them to do the right thing!

Robbin Anderson
Nipomo

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