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.
Nike is a member of a number of corporate responsibility and sustainability organizations and we are committed to solving critical issues that affect the people in our value chain.
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.
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 |
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.
Reduce overall waste in the Nike operations and eliminate footwear manufacturing waste to landfill or incineration. Reducing water use in the Nike supply chain by adopting new and innovative approaches. Achieve at least a 20% reduction in freshwater use in textile dyeing and finishing. Achieve Global Pay Equity.
Their desire to use the anniversary of their rich history to begin to tell a different story that we all need to hear consistently. Nike has been right on pace since 1964, continuing to place socially driven ads designed to paint a stunning picture.
Monsanto, Wells Fargo, and Goldman Sachs rank as the least socially responsible companies. Millennials rate Tesla, Publix, and Amazon.com highest for corporate social responsibility efforts; Baby Boomers rate Wegmans, General Mills, and Southwest highest.
Does Nike care about the environment?
The pioneering sportswear brand has set its 2021 sustainability goals, with the aim of reducing carbon emissions and creating long lasting products that have a minimal impact on the environment. First came the sneakers and swimwear crafted from recycled waste plastics.
How does Nike treat their customers?
To put it simply, Nike doesn’t just sell products. It tells customers what they want — and then makes that value readily available. The key is Nike’s ability to cultivate customer trust. Between its brand legacy, its knowledgeable team and its commitment to the entire athletic experience, Nike proves it knows athletes.
How does Nike support the community?
The NCIF is an innovative approach to grant-making that engages a committee of Nike employees and store athletes from across the U.S. to directly impact the local communities where they live and work by awarding grants to organizations that give youth early, positive experiences in sport and physical activity and
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.
At Adidas, Corporate Social Responsibility and Sustainability is viewed as “a team sport” with employees, consumers, and communities playing an essential role. To achieve its CSR objectives, Adidas focuses on three key areas, namely: environmental sustainability, human rights, and employee development.
What is a “Socially Responsible Company”? Socially responsible companies use their position and resources for something more than pleasing their shareholders and increasing their bottom line. They operate on a business model that focuses on social change, sharing its success with their local and global communities.
Does Nike use 2022 sweatshops?
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.
What has Nike done to improve sweatshops?
Nike also raised the minimum wage it paid workers, improved oversight of labor practices, and made sure factories had clean air. These admissions and changes helped public sentiment toward Nike turn more positive, Sehdev said.
Is Nike fast fashion?
Nike’s Final Review
Between its negative impact on the environment, terrible conditions for garment workers, disposal of unsold clothes, and unclear treatment of animals, this company can certainly do better. These problems make it appropriate to label them as a part of the fast fashion industry.
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.
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.