Nike Announces 2025 Targets for Diversity and Sustainability

On Wednesday, the sportswear company announced that for the first time it will tie executive compensation to progress in diversity and sustainability targets. The news came as part of the release of its 2020 impact report, which provided updates on company targets as well as strategy plans for the future.

Its new 2025 targets include seeing women in 45 percent and racial minorities in 35 percent of leadership roles, reducing greenhouse gas emissions by 70 percent in Nike-owned facilities and multiplying the amount of product waste recycled or donated, among other goals.

Nike provided several updates on its sustainability and diversity targets, including the use of 100 percent renewable energy in facilities in the US and Canada, as well as nearly 50 percent representation of women across the country globally. John Donahoe, president and CEO at Nike, stated “We’re proud of the successes we’ve seen, but we know the work is still just beginning.”

The impact report has claimed to have seen progress throughout the supply chain through enhancing renewable energy and diverting manufacturing waste from landfill. Nike also met the FY20 target by reducing freshwater use in textile dyeing and finishing suppliers by 30 percent.

Credit: Source link


Please enter your comment!
Please enter your name here




Imaan Hammam Vogue Japan May 2021

As a result of the ongoing global health crisis, travel isn’t on the agenda for the vast majority of us. But we’re living vicariously...

Learn How to Incorporate Behavioral Psychology into Your Business for Under $20

0 (Image via Samson Katt/Pexels) Just because you have a cute neon sign in your café to take selfies with doesn’t mean you have...

4 Reasons Why Instagram Hashtags Are Important – Markerly Blog

Lots of marketers struggle with the use of Instagram hashtags. They either don’t know how to use them or fail to see their...

As COVID-19 Cases Fall, California Prepares to Open Indoor Sports and Entertainment Venues

The state of California is gearing to open up again for sports and entertainment venues to operate at pre-COVID levels within the next...

Floral Bags for Spring 2021 to Carry Everywhere

Thanks to Miranda Priestly, it’s been ingrained in all of us that florals for spring aren’t exactly groundbreaking. But we’re daring to disagree...