Founders: Phil Knight, Bill Bowerman Customer service: 1800 1 888 6453 Stock price: NKE (NYSE) $104.81 -0.24 (-0.23%) Aug 18, 4:00 PM EDT - Disclaimer CEO: John Donahoe (Jan 13, 2020–) Revenue: 37.4 billion USD Founded: January 25, 1964, Eugene, Oregon, United States President: John Donahoe Nike’s Corporate Social Responsibility (CSR) Policy 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 sustainability. Nike’s Diversity and Inclusion Program Nike’s CSR and corporate governance programs center on providing a healthy and tolerant work environment for all employees. To that end, the company invests in promoting a work environment that celebrates diversity and inclusion. Nike’s Community Support Program
As part of their community outreach
program, Nike spent more than $89 million in 2020 to help over 17 million kids around the world get active in sports and exercise. Nike also committed to training nearly 100,000 coaches to help communities most in need. Nike’s Sustainability Program Understanding that if there “is no planet, there is no sport” Nike continues to make considerable inroads in promoting their environmental sustainability initiatives. NIKE'S ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) Environmental: Sustainable Materials: Nike has been working to use more sustainable materials in its products. This includes using recycled materials, reducing waste, and incorporating more eco-friendly materials in its supply chain. Carbon Emissions: The company has set targets to reduce its carbon emissions, including those from its manufacturing processes and its supply chain. Nike aims to achieve carbon neutrality in its operations. Water Management: Nike focuses on water conservation and responsible water management in its manufacturing and sourcing processes. Circular Economy: Nike is working to promote a circular economy by designing products with recyclability and reusability in mind. Social:
Labor Practices: Nike has faced scrutiny in the past
over labor practices in its supply chain, but it has made efforts to improve working conditions, pay fair wages, and ensure the rights of workers in its factories. Diversity and Inclusion: The company has initiatives aimed at fostering diversity and inclusion within its workforce and addressing issues of inequality and discrimination. Community Engagement: Nike invests in community programs and initiatives, especially in areas where it operates, to support education, sports, and social Governance:
Board Composition: Nike has a board of directors
that oversees corporate governance. The composition of the board is an important aspect, including diversity and expertise in relevant fields. Ethical Business Practices: Nike is committed to ethical business practices and transparency in its operations. This includes compliance with legal and regulatory standards. Corporate Responsibility Reporting: Nike provides regular reports on its ESG performance and goals, which are made available to the public.