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Beginning in 2002, Nike began auditing its factories for occupational health and safety. The backlash and its public relations impact forced the company to change methods, improve conditions, and implement social responsibility reports in 2005. [5] Nike has since began initiatives to improve their factory conditions. [6] [7]
In September 2018, Nike and Keady were in the news again over a controversial ad campaign with Colin Kaepernick, famed football player and social justice protester. Keady was asked to voice his views regarding Nike's stance on social justice in the United States while the company has a history of social justice controversies globally. [5]
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
In 1990, Jones began her career with the BBC’s social action unit, where she researched, reported and produced content for BBC Radio One and Radio Five channels. In 1992, she joined European non-governmental organisation CSV Media, where she led media campaigns focused on youth issues such as HIV/AIDS as the company's European Manager for five years.
Sustainability reports can help companies build consumer confidence and improve corporate reputations through transparent disclosure on social responsibility programs and risk management. [4] Such communication aims to give stakeholders broader access to relevant information outside the financial sphere that also influences the company's ...
The new year is often accompanied by a renewed interest in making some lifestyle adjustments. To help you get a jump start, Yelp recently shared its annual trend report, highlighting emerging ...
Nike Grind is Nike's collection of recycled materials that is composed of pre-consumer manufacturing scraps, recycled post-consumer shoes from the Reuse-A-Shoe program, and unsellable footwear. The purpose of Nike Grind is to eliminate waste in line with the tenets of sustainable fashion practices and close the loop on Nike's product lifecycle.
From March 2008 to December 2012, if you bought shares in companies when Stephen M. Wolf joined the board, and sold them when he left, you would have a 69.3 percent return on your investment, compared to a 11.7 percent return from the S&P 500.