Nike’s Corporate Social Responsibility and Sustainability program resonates with the company’s core belief that “sports can change the world for the better.” Nike leverages the unifying power of sports to promote its CSR agenda in three key areas: diversity and inclusion, community investment, and environmental
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Our research highlights allegations of forced labour in the Nike supply chain, gender discrimination towards female athletes and parents, and failure to ensure all employees receive a living wage.
Refinitiv’s social top 100
| 1 | International Business Machines Corp | 97.76 |
|---|---|---|
| 2 | SAP SE | 97.6 |
| 3 | Tata Consultancy Services Ltd | 97.52 |
| 4 | Microsoft Corp | 97.4 |
| 5 | Johnson & Johnson | 97.21 |
What has Nike done for CSR?
NIKE Global Impact and CSR Report – NIKE Spent $81.9 million on community development
- Letter from the CEO.
- Corporate Governance.
- NIKE Global Impact on Communities.
- Unlocking Sport and Play for Girls.
- Sports Coaching.
- Learning and Culture.
- Industry Partnerships.
- Reducing Environmental Footprint.
How does Nike rank with CSR?
NIKE’s overall rating currently is 62 after the most recent updates to their CSRHub page. Click “Textiles & Apparel” in the CSRHub Sustainability Ratings widget above to see all the companies in this industry.
Is Nike still using child labor?
Nike has admitted it cannot guarantee that its products will not be made using child labour in a report designed to address the accusations that have plagued the company.
What is Nike’s biggest problem?
Nike is facing snarls in its supply chain that are slowing imports from its Asian factories and dragging down sales. Consumers’ preferences, priorities, and values are reshaping industries.
Socially Irresponsible Companies with High Returns
- British American Tobacco.
- McDonald’s.
- Coca-Cola Co.
- Lockheed Martin.
- PepsiCo.
- The Geo Group, Inc.
- Diageo.
- Wynn Resorts.
An excellent example of CSR on the frontline is big pharma pioneer Johnson & Johnson. They have focused on reducing their impact on the planet for three decades. Their initiatives range from leveraging the power of the wind to providing safe water to communities around the world.
Our offices worldwide are single-use plastic-free. We commit to recycled packaging by 2021. Together with Better Cotton, adidas sources 100% sustainable cotton. To create change at scale, we commit to reducing our carbon footprint by 30% by 2030.
Is Nike a sustainable company?
Nike’s commitment is not just to produce environmentally friendly footwear, but also to operate with sustainable business practices to reduce our carbon footprint and push toward a more sustainable future. For more on Nike’s sustainability commitments, check out purpose.nike.com.
In addition to environmentally sustainable changes, Nike has also made some bold social statements. Nike has created several advertisements that address and support Black Lives Matter, women’s rights, women in sports, and more. They make a conscious effort to show diverse athletes in their ads and marketing.
How does Nike support the community?
The Nike Community Impact Fund (NCIF) benefits communities where our employees live, work and play. These employee-led grants support local, grassroots organizations that get kids moving, because we know that active kids do better.
How is Nike environmentally friendly?
As of 2020, all of Nike’s Air Manufacturing Innovation facilities in North America are powered by 100% renewable wind energy. We reuse more than 90% of the waste from materials used for our Air soles to make new, innovative cushioning systems.
What is Nike ethical policy?
NIKE’s good name and reputation result in large part from our collective actions. That means the work-related activities of every employee must reflect standards of honesty, loyalty, trustworthiness, fairness, concern for others and accountability.
Is Nike a good corporate citizen?
Nike took 18th place in the annual 100 Best Corporate Citizens ranking from 3BL Media and is among the 19 companies that have made the benchmark each year since 2009.
How does Nike affect the environment?
Environmental impact
Nike uses some eco-friendly materials, including organic and recycled cotton and polyester, and has water reduction initiatives in its supply chain. The brand has also set a deadline to eliminate hazardous chemicals by 2025 and the good news is that it is on track to meet its target.
Do Nike sweatshops still exist?
Nike. Throughout the years, Nike is one of those companies that has been linked over and over in various ways to child labor and unsafe conditions in their factories. As recently as 2020, investigations showed that Nike (along with Apple) was linked to forced labor from the Uyghur people in China.
Is Nike a sweatshop?
How Many Sweatshops Does Nike Have? According to NBC News, Nike revealed in a corporate responsibility report the names and locations of its over 700 factories way back in 2005. However, it is unclear which of these factories can be considered “sweatshops” by definition.
What is a weakness of Nike?
Lack of Diversification: Nike’s over-dependence on sporting apparel or lack of diversification is a major weakness.
Why is Nike a good company?
Nike is good at a lot of things: manufacturing quality shoes; supplying equipment and gear for many professional and collegiate athletic teams; and making a ton of money. But where the company truly excels is its marketing. Nobody does branding quite like Nike.