The risk or actual occurrence of various catastrophic events could materially adversely affect our financial performance. All nike airsole innovations since 2008 are composed of at least 50% recycled material, diverting more than 50 million pounds of waste from landfills each year. Nike releases first corporate responsibility report. As seen in the report that follows, we continue to integrate sustainability into our. Part of a sustainability or corporate social responsibility report. The report highlights how nike has embedded sustainability across its business and signals nikes continued commitment to set aggressive sustainability targets and invest in disruptive innovation all in service of driving company growth, delivering performance innovation for athletes and acting as a catalyst for change in the world. 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. Nikes purpose is to unite the world through sport to create a healthy planet, active communities and an equal playing field for all. Is it the sustainability transformation of the decade.
Because it is produced on a roll, nike flyleather improves cutting efficiency and creates less waste than traditional cutandsew methods for fullgrain leather. We reinforce a unified approach across nike, encouraging strong attention to measuring sustainability and championing efforts that allow crossfunctional teams to explore new opportunities. And we deliver an integrated marketplace with compelling retail experiences. Note to pdf user this pdf utilizes interactive elements. This evolving process will guide our sustainability innovation initiatives and public reporting. Click on contents and hyperlinks for easy navigation. Initiative g4 guidelines to identify the sustainability issues that are material to our business, our customers, investors, suppliers, partners, and other stakeholders. Our 20182019 corporate social responsibility report provides an update on our progress over the last year to live up to that commitment. Impact report shares our progress toward our 2020 targets and priority issues. Flyknit has been marketed by nike as both a performance and sustainability innovation, providing advantages to the consumer and the company alike. Nike fiscal year 2014 2015 sustainable business report. Gri does not confirm, validate or endorse any of this information. Fy12 sustainable business performance summary participant. At the consumer level, the flyknit provides a lightweight and snug socklike fit, which nike describes as a longstanding unmet desire of its athletes.
As seen in the report that follows, we continue to integrate sustainability into our business strategies through the 2020 targets. Sustainable business report, the president and chief. Such events could be caused by, for example, natural disasters or extreme weather. Since full year 2000, adidas has published an annual sustainability report, highlighting the progress made toward targets set. Fy19 was a defining year for nike, as we accelerated the highimpact capabilities of innovation, direct and speed that fuel our triple double. Nike has a target to eliminate footwear manufacturing waste to landfill or incineration, while continuing to reduce overall waste. Nike reaffirms commitment to environmental and social targets in new sustainability report. 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.
The report highlights how nike has embedded sustainability across its business and signals nike s continued commitment to set aggressive sustainability targets and invest in disruptive innovation all in service of driving company growth, delivering performance innovation for athletes and acting as a catalyst for change in the world. Apply to all raw materials and production introduce and utilize rfid technology. Nike s purpose is to unite the world through sport to create a healthy planet, active communities and an equal playing field for all. This organization has not yet disclosed their sustainability risks on this profile. In this report, we cover nikes fiscal year 2018 june 1, 2017 through may 31, 2018, with the.
About this publication this is the 15th sustainability report for procter and gambles worldwide operations. Fy18 nike impact report 2019 gri standards in accordance core. The most relevant sustainability risk, as stated in our fy19 annual report on form 10k, relates to natural disasters and changes in the climate. Nike has committed itself to a 20 percent reduction in co 2 emissions per unit, a 15 percent improvement in water use per unit of production and a 10 percent reduction in waste from manufacturing by financial year 2015, measured against a financial year 2011 baseline, according to the companys 20102011 sustainability report nikes carbon emissions reduction will be judged against. May 11, 2016 nike reaffirms commitment to environmental and social targets in new sustainability report. The companys vision is to reduce its environmental impact by sustainable use of resources, such as materials, water and energy. Fifteen years ago, nike underwent arguably more intense scrutiny and brutal attacks for its global supply chain management policies and priorities. Nike sustainability head hannah jones and soccer star abby wambach talk with fast companys jill bernstein about how international corporations and individuals alike can bring meaningful change. Data integrity sustainability data is shaped by a landscape of evolving methodologies, advancing standards. Nike has revised its environmental strategy and this was explained indepth in the companys annual sustainability report. Nikes sustainability report shows company reducing environmental impact while continuing to grow may 07, 2014 nike, inc. This site is a tool to learn about the independent factories and material suppliers used to manufacture nike products including the name and location of each factory and the types of products they produce. This report has been prepared in accordance with the gri standards.
Jan 19, 2020 nike is the most popular brand in the sports shoe and apparel industry. Sustainability reporting approach we recognize our responsibility to be accountable to all of our stakeholders, which. We exist to serve athletes everywhere and thats why were on a mission to help ensure a healthy planet. Over 80 percent of the new campus is open space with more than 9000 droughttolerant trees. The report reflects nike s work and corporate responsibility efforts through may 31, 2001.
Data in this report covers the period from july 1, 2012, through june 30, 20. Bsr is very proud to have partnered with the global compact, and we look forward to supporting it and its signatory companies around. Nikes purpose is to unite the world through sport to create a healthy planet. This is the comprehensive report that contains the components of marketing plan of nike inc. Nikes bold commitment to transparency through this supply chain research helped identify a stark fact about global supply chains. This site is a tool to learn about the independent factories and material suppliers used to manufacture nike products including the name and location of. Corporate responsibility report fy0709 8 business overview nike, inc. The company is known for its great products and excellent marketing and advertising strategy. May 04, 2012 nike has committed itself to a 20 percent reduction in co 2 emissions per unit, a 15 percent improvement in water use per unit of production and a 10 percent reduction in waste from manufacturing by financial year 2015, measured against a financial year 2011 baseline, according to the companys 20102011 sustainability report.
Figure 1 nikes new way of thinking about a sustainable product lifecycle. Fy19 nike impact report 2020 gri standards in accordance core. Dec 12, 2014 embedding sustainability in company culture nike fostering commitment moved cr upstream cr reporting hr management training employee engagement nike 2021. The fy18 nike impact report focuses on our 2020 targets and priority issues most relevant across our value chain and to our stakeholders. No longer the poster child for all that is wrong with the globalized economy. The current controversy over supply chain practices of global corporations such as disney, walmart and sears in bangladesh reminded me of nikes past and its subsequent corporate sustainability evolution. To investigate the sustainability of nike flyknit shoes, economic, environmental and social analyses were conducted as outlined below. The case study of nike, inc is critical to understand the serious and major transformation a corporation underwent to sustainability and a circular economy, focusing on restoring waste to be put. How their influencing users out of their control factoriesvendors consumer awareness 2020 goal is that all factories rate bronze and better. 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. Nike aims to be a brand with purpose that moves the world forward.
Top things to know about sustainable innovation at nike. As used in this report, the terms we, us, nike and the company refer to nike, inc. Corporate responsibility report fy0709 fibre2fashion. As of september 2017, nike announced the launch of nike flyleather, a new super material made with 50% recyclable leather fibers, using 90% less water, and an 80% lower carbon footprint. Environmental responsibility report 2017 progress report, covering fy2016 4 our new corporate campus, apple park, is on track to be the largest leed platinumcertified building in north america. I believe our work in sustainable business and innovation has equal potential to shape our legacy. Throughout the report, nike attempts to define sustainability and corporate responsibility as they relate to those two areas, while also determining how to measure the companys progress. Building on nikes reporting tradition since 2001, we expect to report progress against our social and sustainability targets and material issues annually. At under armour, we see environmental and social sustainability as a journey. Increase manager training better environment, enhanced efficiency maintain sustainable labor practices. In the past, nike faced several controversies related to child labor and ethics in its supply chain. Nike is a member of a number of corporate responsibility and sustainability organizations and we are committed to solving critical issues that affect the people in. However, in recent years, it has invested a lot in csr and sustainability.