Costco operates all over the world. I have been at the helm of our international operations for a year. A code of conduct exists in England, but Costco wasn't asked to be involved. There, it was decided that the code of conduct would apply to grocers with annual revenues of more than a billion pounds sterling. As for the code of conduct in Australia, Costco is not required to participate either.
Our code of ethics is to take care of our employees and respect our suppliers. By respecting our suppliers, we have a formula that works for everyone, a win-win. As we see it, without suppliers, without people who are treated fairly, there is no merchandise to sell. The day I have nothing to sell, everything grinds to a halt. If the ultimate goal is to lower prices for consumers, Costco will participate.