Is Nike a socially responsible business?

BEAVERTON, OR (9 November, 2006) – Nike’s commitment to industry-leading transparency in its social responsibility reporting has led to the company being named the top U.S. company and one of the world’s top 10 in the current SustainAbility Global Reporters Program ranking released today.

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In respect to this, how does Nike impact society?

The Nike Community Impact Fund (NCIF) benefits communities where our employees live, work and play. These employee-led grants support local, grassroots organizations that get kids moving, because we know that active kids do better.

Beside above, how is Nike socially irresponsible? Nike had been accused of using sweatshops to produce its sneakers and activewear since the 1970s, but it was only in 1991 when activist Jeff Ballinger published a report detailing the low wages and poor working conditions in Nike’s Indonesian factories that the sportswear brand came under fire.

People also ask, is Nike a leader in CSR?

Change and transparency

Today, Nike is one of the leaders of corporate social responsibility (CSR). Nike has made a commitment to implement sustainability efforts and is constantly evolving to reduce its environmental impact.

What are examples of corporate social responsibility?

Corporate Social Responsibility Examples: The Good

  • Reducing carbon footprint.
  • Engaging in charity work.
  • Purchasing fair trade products.
  • Investing in environmentally conscious businesses.
  • Getting involved in volunteer work.
  • Improving labour policies.

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