Nike
Founded In: 1964
Company Size: Large (over 10,000 employees)
Sustainable Apparel Coalition Member:
YES
HIGG FEM Adoption by Supplier:
~
Labor Practices
Fair compensation program implemented for all factory workers. Developed robust Code of Conduct that covers areas such as wages, working hours, child labor, forced labor, health and safety, and freedom of association. Code of Conduct extends to suppliers.
Environmental Impact
Developed 29 targets under the topics, People, Play, and Planet. These targets include emissions reductions, waste reduction and a commitment to clean chemistry by 2030.
Transparency
Published thorough yearly impact reports for the last 20 years. Includes supply chain reporting and auditing.
Scope 1, 2 & 3 Emissions Report
Reports on Scope 1, 2 & 3 emissions. Goal for a 70% absolute reduction of greenhouse gas (GHG) emissions in owned or operated facilities through 100% renewable electricity and fleet electrification.
Circularity Practices
Launched Nike Refurbished, an in-house refurbishment operation that receives NIKE inventory previously thought to be unsellable, refurbishes and grades it, and finds the best channel to extend its useful life.
Carbon Neutrality Goal
Net Zero target by 2050.
Use of Science Based Targets (SBT's)
SBTs have been approved by the Science Based Targets initiative (SBTi)