Because it is produced on a roll, nike flyleather improves cutting efficiency and creates less waste than traditional cutandsew methods for fullgrain leather. This report has been prepared in accordance with the gri standards. Fifteen years ago, nike underwent arguably more intense scrutiny and brutal attacks for its global supply chain management policies and priorities. Note to pdf user this pdf utilizes interactive elements. In this report, we cover nikes fiscal year 2018 june 1, 2017 through may 31, 2018, with the. Since full year 2000, adidas has published an annual sustainability report, highlighting the progress made toward targets set. The risk or actual occurrence of various catastrophic events could materially adversely affect our financial performance. Move to zero is nikes journey toward zero carbon and zero waste to help protect the future of sport.
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. Fy12 sustainable business performance summary participant. Data in this report covers the period from july 1, 2012, through june 30, 20. 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. This evolving process will guide our sustainability innovation initiatives and public reporting. This is the comprehensive report that contains the components of marketing plan of nike inc. Top things to know about sustainable innovation at nike. 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. Nike releases first corporate responsibility report. And we deliver an integrated marketplace with compelling retail experiences. I believe our work in sustainable business and innovation has equal potential to shape our legacy. Is it the sustainability transformation of the decade. Data integrity sustainability data is shaped by a landscape of evolving methodologies, advancing standards.
As seen in the report that follows, we continue to integrate sustainability into our business strategies through the 2020 targets. How their influencing users out of their control factoriesvendors consumer awareness 2020 goal is that all factories rate bronze and better. Nikes sustainability report shows company reducing environmental impact while continuing to grow may 07, 2014 nike, inc. At the consumer level, the flyknit provides a lightweight and snug socklike fit, which nike describes as a longstanding unmet desire of its athletes. Part of a sustainability or corporate social responsibility report. Over 80 percent of the new campus is open space with more than 9000 droughttolerant trees. 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. Such events could be caused by, for example, natural disasters or extreme weather. The most relevant sustainability risk, as stated in our fy19 annual report on form 10k, relates to natural disasters and changes in the climate. Flyknit has been marketed by nike as both a performance and sustainability innovation, providing advantages to the consumer and the company alike. Nike has revised its environmental strategy and this was explained indepth in the companys annual sustainability report. 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. Apply to all raw materials and production introduce and utilize rfid technology.
Initiative g4 guidelines to identify the sustainability issues that are material to our business, our customers, investors, suppliers, partners, and other stakeholders. At under armour, we see environmental and social sustainability as a journey. Corporate responsibility report fy0709 8 business overview nike, inc. This organization has not yet disclosed their sustainability risks on this profile. Fy19 was a defining year for nike, as we accelerated the highimpact capabilities of innovation, direct and speed that fuel our triple double. The fy18 nike impact report focuses on our 2020 targets and priority issues most relevant across our value chain and to our stakeholders. The company is known for its great products and excellent marketing and advertising strategy. 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. Nike s purpose is to unite the world through sport to create a healthy planet, active communities and an equal playing field for all.
Nike reaffirms commitment to environmental and social targets in new sustainability report. Increase manager training better environment, enhanced efficiency maintain sustainable labor practices. Figure 1 nikes new way of thinking about a sustainable product lifecycle. We build deep, personal connections with consumers. The report reflects nike s work and corporate responsibility efforts through may 31, 2001. 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. Our 20182019 corporate social responsibility report provides an update on our progress over the last year to live up to that commitment. Building on nikes reporting tradition since 2001, we expect to report progress against our social and sustainability targets and material issues annually. Dec 12, 2014 embedding sustainability in company culture nike fostering commitment moved cr upstream cr reporting hr management training employee engagement nike 2021. Corporate responsibility report fy0709 fibre2fashion. We reinforce a unified approach across nike, encouraging strong attention to measuring sustainability and championing efforts that allow crossfunctional teams to explore new opportunities. Sustainable business report, the president and chief.
About this publication this is the 15th sustainability report for procter and gambles worldwide operations. Fy19 nike impact report 2020 gri standards in accordance core. Nike aims to be a brand with purpose that moves the world forward. As seen in the report that follows, we continue to integrate sustainability into our. Click on contents and hyperlinks for easy navigation. 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.
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. Bsr is very proud to have partnered with the global compact, and we look forward to supporting it and its signatory companies around. To investigate the sustainability of nike flyknit shoes, economic, environmental and social analyses were conducted as outlined below. As of full year 2017 reporting, for the first time, adidas presents its financial and nonfinancial information in one combined publication, the annual report. May 11, 2016 nike reaffirms commitment to environmental and social targets in new sustainability report.
However, in recent years, it has invested a lot in csr and sustainability. Fy18 nike impact report 2019 gri standards in accordance core. 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. Nike is the most popular brand in the sports shoe and apparel industry. 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. Nikes marketing approach with sustainability efforts. Nike fiscal year 2014 2015 sustainable business report. 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. Gri does not confirm, validate or endorse any of this information. 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. As used in this report, the terms we, us, nike and the company refer to nike, inc. Sustainability reporting approach we recognize our responsibility to be accountable to all of our stakeholders, which.
Jan 19, 2020 nike is the most popular brand in the sports shoe and apparel industry. 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. In the past, nike faced several controversies related to child labor and ethics in its supply chain. Nike has a target to eliminate footwear manufacturing waste to landfill or incineration, while continuing to reduce overall waste. Nikes bold commitment to transparency through this supply chain research helped identify a stark fact about global supply chains. Nikes purpose is to unite the world through sport to create a healthy planet. The report reflects nikes work and corporate responsibility efforts through may 31, 2001. Impact report shares our progress toward our 2020 targets and priority issues. 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. We exist to serve athletes everywhere and thats why were on a mission to help ensure a healthy planet. 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. 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. No longer the poster child for all that is wrong with the globalized economy. Nike releases first corporate responsibility report press.