One major difficulty is that contract apparel factories generally produce for multiple brands, making it a difficult to maintain standards. One area of concentration is water conservation. The Board may appoint or remove members of the Committee at any time.
Flickr creative commons, Maxime Fort Andrea Newell has more than ten years of experience designing, developing and writing ERP e-learning materials for large corporations in several industries.
And today the company is counted among CSR leaders. Though we have targeted water efficiency improvements for manufacturing and materials processing, we recognize that efficiency is not the only relevant measure.
We have an opportunity Nike corporate responsibility reduce this pressure by reducing the number of apparel styles and partnering with the factories to improve efficiencies through lean production methods.
The intentional moves toward change proved successful: The working conditions Jones described to the Wall Street Journal were so appalling, Nike cut ties with the company afterward, shortly before the Rana Plaza disaster.
Review and make recommendations to management on reporting to shareholders and other communities regarding corporate responsibility activities. In the same year, it also published its first version of a CSR report — detailing pay scales and working conditions in its factories and admitting continued problems.
The company told 3p: To follow along with the rest of the series, click here. But the tug-of-war over mandating good working conditions and the need to cut costs drove Jones and her colleagues to visit Lyric, a year Nike supplier.
Since then, the company has charted a very different course in corporate citizenship and, in many important respects, has succeeded. You can reach her at andrea. The Committee may permit attendance at meetings by such ex officio members as the Committee may determine appropriate or advisable from time to time.
As for Nike, the company remains optimistic and focused on the future and their sustainability goals. The tide turned once the company acknowledged its issues, demonstrated transparency and worked toward change. It also dyes 40 percent faster.
Inauditors found violations in 16 percent percent of factories down from 29 percent in Incidences of excessive overtime went down to 55 from inand 93 percent of factories reported no incidences up from 87 percent in For Nike, labor and human rights continue as a top priority and corporate worry.
Annually evaluate the performance of the Committee and report the results of the evaluation to the Board.
To listen to Nike, monitoring those contract factories for working conditions, wages and overtime — and a host of other issues, including possible unionization — is not easy. One current example is Nike Inc. InNike was the first company in its industry to demonstrate transparency, when it published a complete list of its contract factories.
The narrative demonstrates what can happen when a company begins reporting regularly and in-depth, and with an apparent commitment to intellectual honesty, about core issues. Perform such other duties and functions as may, from time to time, be assigned to the Committee by the Board. No one should be satisfied simply because the company has issued a report, even one chock-a-block with narrative, charts and bar graphs.
Membership The Committee will consist of at least three directors appointed by the Board from time to time, the majority of whom are not officers or employees of NIKE or its affiliates.
The savings are significant. The Committee may form and delegate authority to any subcommittee of the Committee it deems appropriate or advisable. Review and make recommendations to the Board with respect to any shareholder proposal that relates to the matters overseen by the Committee.
The company struggled to put new policies in place and enforce them. Focus on water In addition to continuing to work on improving conditions for workers, Nike is innovating its materials development and management to address the impact of climate change on the supply chain and reduce its environmental impact.
We are excited by the progress being made and remain committed to the objectives of scale and industry-wide transformation. And, in fact, more companies are reporting. Nearly 60 percent of the work force is in North Asia, 31 percent in South Asia. Meetings The Committee will meet from time to time as determined by the Committee in conjunction with regular meetings of the Board and at such other times determined by the Committee or the chair of the Committee.
Follow Andrea Newell anewell3p. MeterHero helps companies and organizations offset their water and energy footprints through consumer engagement.For information regarding our corporate responsibility efforts, visit the Sustainability section.
Learn about Nike's giving and community programs in Community Impact. Learn about Nike's giving and community programs in Community Impact. What keeps us going is this simple belief: when Nike creates meaningful change within our own company and within the communities that we influence, we make a positive difference in the world.
Your source for the latest NIKE, Inc. stories, news and company information. It’s hard to believe, given the steady stream of corporate social responsibility (CSR) accolades the company has racked up in the last 10. Nike’s growth and future success is dependent on building a sustainable supply chain, which means working with long-term strategic suppliers that demonstrate a commitment to engaging their workers, safe working conditions and environmental responsibility.
The old business maxim that “what gets measured, matters” is overused but nonetheless powerful, especially when applied to corporate responsibility: when information and metrics are combined with disclosure and transparency, corporate posturing on issues that affect society can be quickly.Download