Nike CSR Analysis - 1581 Words

CSR Analysis and Impact on Operations Nike has a Code of Business Conduct and Ethics that includes its commitment to the environment and is a signatory of the UN Global Compact. Nike has created a team of sustainability managers led by an independent director. Its environmental goals include producing eco-friendly products and minimizing its environmental impact through the reduction of greenhouse gases, organic solvents and PVCs. Nike acknowledges the difficulty of tracking environmental emissions and the use of materials in supply factories, and is currently exploring new ways to best respond to these difficulties and enforce environmental compliance. All major material suppliers are audited with a focus on reducing†¦show more content†¦For FY05-06, this program was based upon guidelines developed through a working group managed by Business for Social Responsibility. The company is also looking for ways to increase its use of green power in its operations worldwide, thus reducing the amounts of harmful emissions released into the atmosphere. In February 2007, Nike was recognized for its leadership in climate change by WWF -US. As a founding member of the Climate Savers Program, Nike attained its company-wide target, achieving annual CO2 emissions 13 percent below 1998 levels by the end of 2005. The company appears to have few polices in place that directly address human rights, as most of its efforts have gone into labor rights. However, the company is a member of the Fair Labor Association (FLA), a monitoring coalition of apparel and footwear companies, NGOs, human and labor rights organizations established in 1996. Its goal is to oversee the independent monitoring, with local NGOs, of factories producing for member companies, with the results made publicly available. It is also beginning to formalize its process for stakeholder engagement and has been involved with over 100 external groups over the past several years including: Business for Social Responsibility, Global Alliance Workers and Communities and the Human Rights Committee of the American Chamber of Commerce. Nike s Code of Business Conduct and Ethics includes itsShow MoreRelatedOutsourcing Practices of Adidas, Converse, Nike, and Reebok1079 Words   |  4 PagesOutsourcing Practices of Adidas, Converse, Nike and Reebok Introduction Apparel and shoe manufacturers continued to offload the more costly yet easily replicated part so their business models to concentrate on brand building, marketing, sales and attaining greater distribution channels globally. These are the pressures all apparel and shoe manufacturers face, and it is particularly challenging in the athletic show industry (Kynge, 2009). Adidas, Converse, Nike and Reebok have been outsourcing productionRead MoreNike Ethical issues6658 Words   |  27 Pagesorganisation s corporate social responsibility policies, including business ethics, and their impact on business practice and key stakeholders Title: How does Nike reconcile the need to minimise the cost of manufacturing with the need to meet the ethical and social expectations of its customers? By WORD COUNT Research Analysis Project – 6224 words (minus table) CONTENTS Page CHAPTER 1: INTRODUCTION 1.1 Introduction 3 1.2 Project Aim 3 1.3 ProjectRead MoreSocial Responsibility in Stakeholder Theory1509 Words   |  7 Pagestheory 3 2.1 Why social responsibility? 3 3. Limitations 4 4. Case study examples: Starbucks amp; Nike 4 5. Conclusion 5 6. References 6 7. Appendixes 9 Appendix A 9 Appendix B 10 1. Introduction This report focuses on social responsibility issue focusing on stakeholder theory. 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A: the quantitative analysis would focus on determining the potential cost saving from buying the part rather than making it. The qualitative analysis would focus on broader issues such as strategy, risks, and corporate social responsibility. 04) Why do companies prepare budgets? A: companies use budgets to translate into formal quantitative