Nikes report describes how it is shifting to a more sustainable business model and recognizes that sustainability is a path to profitability, said ceres director jack ehnes. For example, audits of nike generally have determined that nike pays wages above the legal minimum. It was going to be a longer journey than they might have imagined. Dell is committed to minimizing the impact of technology on the environment and maximizing human potential in the world. Toyota motor corporation site introduces past issues. This archive contains our sustainability publications and key policy documents. This report has been prepared in accordance with the gri standards. To complement the wealth of detail in our sustainable living report, we. As of full year 2017 reporting, for the first time, adidas presents its financial and nonfinancial information in one combined publication, the 2017 annual report. According to werther and chandle 2011, in their book, strategic corporate. Apr, 2005 the 108page report, nikes first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. Launching in 2012, will place a factorys performance and sustainable. Nike released an updated version of its corporate social responsibility report last week, and while many mainstream media outlets reduced its contents to a simple reduction in overtime, the company actually laid out a broad series of goals that will likely have a serious. Download and view the complete 2011 nike annual report.
Nikes latest corporate social responsibility report sets. Corporate responsibility report fy0709 fibre2fashion. The objective of this project was to formulate and execute a creative design concept for the dell 2011 corporate responsibility report, clearly demonstrating dells work in these areas over the year. Nke today released its fy1011 sustainable business performance summary which introduces its new targets and outlines its progress against key. Nike reaffirms commitment to environmental and social targets in new sustainability report. Toyota pursues the creation of a sustainable society through its csr activities, aiming to address the impact of business and manufacturing on people and the global environment.
At the factory level, worker agency was not facilitated by the integration of nike s sourcing and csr policies, its added productivity incentives or yearround monitoring of work conditions. To report all these activities and express our views on corporate social responsibility csr in one single document, we have decided to publish an annual csr report from 2011. Managing ethical missteps sweatshops to leadership. Nikes latest corporate social responsibility report sets new. Ehnes, who is also ceo of the california state teachers retirement system calsters, presented the awards on the opening day of the 2011 ceres conference taking place.
Fy1011 sustainable business performance summary nike news. And we deliver an integrated marketplace with compelling retail experiences. Adidas corporate social responsibility as one of the biggest sports company in the world, adidas business success started. These risks and uncertainties are detailed in our reports filed with the sec, including forms. Nike and child labour had become indelibly linked in the public consciousness. Nike flyleather, made with at least 50% recycled leather fiber, is produced through an innovative process with a smaller carbon footprint versus traditional leather manufacturing. Nikes corporate social responsibility csr practices have been evolving. This report presents the hitachi metals groups csr initiatives in. Nike released an updated version of its corporate social responsibility report last week, and while many mainstream media outlets reduced its contents to a simple reduction in overtime, the company actually laid out a broad series of goals that will likely have a serious impact on the way sourcing is conducted in the future. May 11, 2016 nike reaffirms commitment to environmental and social targets in new sustainability report. The targets and measures in this nike impact report represent the full suite of our public corporate responsibility commitments and are an aggregated view of longterm goals and commitments to meet stakeholder3 expectations and align with nike s business priorities. Our fy19 results prove that demand for sport performance and athletic lifestyle product is thriving, and our consumer direct offense is capturing more of that opportunity every day.
The hitachi metals group formulated the good practice guidance for hitachi metals group companies in september 2010 to serve as a common global standard for corporate conduct. Each year we produce our comprehensive sustainable living report detailing progress against the unilever sustainable living plan uslp. Fy12 sustainable business performance summary participant. Impact report shares our progress toward our 2020 targets and priority issues. At the factory level, worker agency was not facilitated by the integration of nikes sourcing and csr policies, its added productivity incentives or yearround monitoring of work conditions. Nike has been dodging accusations of employing people in the developing and underdeveloped economies, at low wages and poor working conditions for a considerable period of time. All this is hard to believe, given the steady stream of corporate social responsibility csr accolades in the last 10 years. Implementing corporate social responsibility 18 task 1. The 108page report, nikes first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. The two members of nikes 12 person executive team quickly focused in on the proposed target for. Exchange act of 1934 during the preceding 12 months or for such shorter period that the. Data integrity sustainability data is shaped by a landscape of evolving methodologies, advancing standards.
Nike asks you to accept cookies for performance, social media and advertising purposes. A business week report on the jardine fleming nike index reveals additional factors that. Nike releases corporate responsibility cr report sgb. To achieve that, we need all parts of our value chain to understand and deliver on our goalsfrom our leaders to product designers, to the employees in our stores, and workers in contracted factories who make our products. Reporting is the primary tool we use to disclose important information to our stakeholders about how we manage social and environmental issues and impacts. Jun 24, 2016 how nike solved its sweatshop problem. Nikes purpose is to unite the world through sport to create a healthy planet.
Nike and child labour how it went from laggard to leader. Securities registered pursuant to section 12b of the act. Environment 58 employees 62 community 58 governance 57. Social media and advertising cookies of third parties are used to offer you social media functionalities and personalized ads. Nikes critics believe the company should improve transparency measures in its factories, allow independent inspection to verify conditions, and disclose all audits to the public. We build deep, personal connections with consumers. Corporate social responsibility csr and sustainability data for nike, inc. Since full year 2000, adidas has published an annual sustainability report, highlighting the progress made toward targets set. Its a slicklyproduced multimedia display of data and information in fact, nike says, an independent panel of stakeholder advisers at one point concluded the volume of information contained in the 176page written. The information on nike, incs investors website, inclusive of presentations, earnings call transcripts, and all other information presented, may contain forwardlooking statements, estimates or projections based on expectations as of the original date of those materials. Nikes sustainability report takes top ceresacca award. Oct 28, 2010 nike csr reportsnike csr reports source.
Nikes purpose is to unite the world through sport to create a healthy planet, active communities and an equal playing field for all. Sustainable business report clean production action. Building on nike s reporting tradition since 2001, we expect to report progress. We also included more employeerelated data in our 2011 report. Corporate responsibility report fy0709 8 business overview nike, inc. Fy19 was a defining year for nike, as we accelerated the highimpact capabilities of innovation, direct and speed that fuel our triple double. Nike inc released its fiscal 2007 to 2009 corporate responsibility cr report which outlines the next evolution of its cr strategy from a risk management, philanthropic and compliance model to a longterm strategy focused on innovation, collaboration, transparency and advocacy. Because it is produced on a roll, nike flyleather improves cutting efficiency and creates less waste than traditional cutandsew methods for fullgrain leather. The targets and measures in this nike impact report represent the full suite of our public corporate responsibility commitments and are an aggregated view of longterm goals and commitments to meet stakeholder3 expectations and align with nikes business priorities. Nike aims to be a brand with purpose that moves the world forward. By 1998, the company accepted it needed to take responsibility. This report presents the hitachi metals groups csr initiatives in response to an age of greater globalization. It was only 20 years ago that nike was facing child labour and sweatshop allegations, with consumers protesting outside niketown stores. Managing ethical missteps sweatshops to leadership in.
How nike embraced csr and went from villain to hero. Building on nikes reporting tradition since 2001, we expect to report progress. An overview of corporate social responsibility 4 what is the business case for csr. No longer the poster child for all that is wrong with the globalized economy. Csr rankingscsr rankings the corporate responsibility magazine rank 23rd nike inc. Jun 19, 2015 as of the end of fiscal year 20, the report counted over a million workers in 785 contract factories and a total of 2. Corporate responsibility communications update participant. Nike has complied with these demands to a limited extent.
News, events and reports learn more 2017 investor day. As of the end of fiscal year 20, the report counted over a million workers in 785 contract factories and a total of 2. To complement the wealth of detail in our sustainable living report, we produce overviews of our performance against our uslp targets, see our onepage uslp performance summary 2019 pdf 5mb or our uslp 3year performance. Csr report 2011 csr report 2011 nsk used environmentally friendly paper and printing methods for this publication. Nike issues fy04 corporate responsibility report nike news. The corresponding csr policy and strategy are based on nike s consideration for communities and customers, whose interests significantly influence the companys design and production of its athletic footwear, equipment and apparel. In addition, we continue to keep you informed about. The 108page report, nike s first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. To get more information or amend your preferences, press the more information button or visit cookie settings at the bottom. The corresponding csr policy and strategy are based on nikes consideration for communities and customers, whose interests significantly influence the companys design and production of its athletic footwear, equipment and apparel. The objective of this project was to formulate and execute a creative design concept for the dell 2011 corporate responsibility report. Phil knight admitted the nike product has become synonymous with slave wages, forced overtime and arbitrary abuse.
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