In addition, we continue to keep you informed about. This work is challenging and we dont have all of the answers. Nike is the most popular brand in the sports shoe and apparel industry. Pdf what is corporate social responsibility all about. Reporting period this report covers the period from april 1, 2010, to march 31, 2011 although certain activities are included that fall outside this. Impact report shares our progress toward our 2020 targets and priority issues. The details link reveals even more about the strides we made in fy19. We are listening to and partnering with our customers every day to deliver technology solutions that drive efficiencies, increase. This report presents the hitachi metals groups csr initiatives in response to an age of greater globalization. What are the benefits of corporate social responsibility. Our approach to corporate social responsibility csr is to use our expertise, technology, and partnerships to create positive impact around the world.
Corporate social responsibility may be defined as the commitment of businesses to contribute to sustainable economic development, working with employees, their families, the local community and. Apr, 2005 the 108page report, nikes first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. Nike asks you to accept cookies for performance, social media and advertising purposes. Corporate social responsibility and sustainability. By 2011 make all newly introduced dell pc products brominated flame retardant bfr and polyvinyl chloride pvcfree. On the basis of the instrumental stakeholder theory, we confirm that csr is a valid source of intangible competitive advantage. The our story link shares how cisco is putting people, technology, and resources to work. Nike s commitment to industryleading transparency in its social responsibility reporting has led to the company being named the top u.
Nike sustainable business report fy10 11 final, author. Nike s report describes how it is shifting to a more sustainable business model and recognizes that sustainability is a path to profitability, said ceres director jack ehnes. Otherwise, perhaps, society will compel business by international or legal mandate or increased taxation to fulfill its. Corporate responsibility report fy0709 fibre2fashion. At nike, we hold ourselves to the highest standards and we take our local and. Nike and child labour had become indelibly linked in the public consciousness. Nke today released its fy1011 sustainable business performance summary which introduces its new targets and outlines its progress against key. We have studied the sustainability report of nike and classified.
You can also get a pdf of the full report, which has working links throughout the. How does dell steward corporate responsibility and. The corresponding csr policy and strategy are based on nike s consideration for communities and customers, whose interests significantly influence the companys design and production of its athletic footwear, equipment and apparel. Our leadership team believes in the importance of all facets of csr. The process grew out of nike s public floggings in the 1990s, says ceo parker, when we learned to view transparency as an asset, not a risk. For any enlightened business, having a clearly defined approach to the impact of climate change, involvement with local communities, responsible business practices and the creation of a quality workplace environment must be a core part of business strategy.
Detailed information such as environmental data is posted on the toppan website. Furthermore, this paper discusses what corporate social responsibility csr. The 108page report, nike s first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. Annual report on form 10k table of contents page part i 49 item 1. Article pdf available february 2011 with 1,573 reads. Today, a whopping 93 percent of the worlds largest companies publish csr reports. Social media and advertising cookies of third parties are used to offer you social media functionalities and personalized ads. However, some of the activities described herein are those of toyota tsusho corporation only. Corporate social responsibility csr and sustainability data for nike, inc. Environment 58 employees 62 community 58 governance 57. Reporting is the primary tool we use to disclose important information to our stakeholders about how we manage social and environmental issues and impacts. By 1998, the company accepted it needed to take responsibility. Nike s corporate social responsibility csr practices have been evolving since 1991. The complete report pdf includes all sections and allows full access to videos, search capabilities, and bookmarks.
Nike s purpose is to unite the world through sport to create a healthy planet. These risks and uncertainties are detailed in our reports filed with the sec, including forms. The scg includes a list of positive or preferred chemistries and is a resource for vendors and contract factories. Launching in 2012, will place a factorys performance and sustainable.
Because it is produced on a roll, nike flyleather improves cutting efficiency and creates less waste than traditional cutandsew methods for fullgrain leather. The company that i am going to develop a social responsibility strategy is the nike company that was formed in 1962by bill bowerman and phil knight as a result of collaboration of the two to come up with the most sufficient athletic shoes after the. Should nike be applauded for beating adidas on the greenpeace detox challenge. This policy restricts the use of nanomaterials within apparel, footwear and. Scope of the report toyota tsusho corporations main consolidated subsidiaries and af. Effects of corporate social responsibility on brand value. Revenue growth was led by international geographies and nike direct globally. From this year, the company has begun to edit the csr report in line with the seven core subjects set under iso 26000, a guidance standard on social responsibility. How nike embraced csr and went from villain to hero. Nike excels in creating innovative products, leading with our digital advantage, and inspiring through an iconic brand. Corporate social responsibility at amazon business essay. May 11, 2016 nike reaffirms commitment to environmental and social targets in new sustainability report.
Corporate social responsibility as an obligation according to j. The targets and measures in this nike impact report represent the full suite of our public corporate responsibility commitments and are an aggregated view of longterm goals and commitments to meet stakeholder3 expectations and align with nikes business priorities. To report all these activities and express our views on corporate social responsibility csr in one single document, we have decided to publish an annual csr report from 2011. Crosby 1997, corporate social responsibility as a social obligation holds the view that a corporation engages in socially responsible behavior when it pursues profit only within the constraints of law. The fy18 nike impact report focuses on our 2020 targets and priority issues most relevant across our value chain and to our stakeholders. Csr report 2011 csr report 2011 nsk used environmentally friendly paper and printing methods for this publication. It is not used, however, to its full potential, given that csr has a lesser impact on business. Nike sales from 2006 to 2010nike sales from 2006 to 2010 in 2010, sales revenue of nike has been reduced to 0. Nike releases corporate responsibility cr report sgb. This study analyses the impact of corporate social responsibility csr on brand value, with the sample being a select group of us corporations with the best global brands. Since full year 2000, adidas has published an annual sustainability report, highlighting the progress made toward targets set. As of full year 2017 reporting, for the first time, adidas presents its financial and nonfinancial information in one combined publication, the 2017 annual report. Doc case study social responsibility strategy for nike.
The nike code of conduct provides an overview of the laws, regulations and company policies that apply to us and the work we do, but it does more than that. Ongoing economic uncertainty brings into sharp focus our commitment to enable better work, better life. The sustainability report pertains to the 201112 financial year, meaning the 1 may 2011 30 april 2012 period. Csr rankingscsr rankings the corporate responsibility magazine rank 23rd nike inc. Thats why we require our employees and board members to comply with both the letter and spirit of the code and make decisions that will preserve the. 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. No longer the poster child for all that is wrong with the globalized economy.
Historical earnings and revenue growth, and the overall management of the company, has been quite admirable. Our annual corporate social responsibility report represents our single source of truth for fy19. Fy19 was a defining year for nike, as we accelerated the highimpact capabilities of innovation, direct and speed that fuel our triple double. Ehnes, who is also ceo of the california state teachers retirement system calsters, presented the awards on the opening day of the 2011 ceres conference taking place. Meet nordea nordea is the largest financial services group in the nordic and baltic sea region with market capitalisation of approximately eur 24bn, total assets of eur 716bn and a core tier 1 capital ratio of 11. According to company sources, nikes approach to community development departs from traditional giving and philanthropy, and instead seeks to deliver impact at scale. Nike s latest effort is a good example of how the process can lead to data being gathered, metrics developed and performance benchmarks set. According to company sources, nike s approach to community development departs from traditional giving and philanthropy, and instead seeks to deliver impact at scale. Nikes most recent sustainable business performance summary report was published may 2014. Nike sustainable business report fy10 11 final, length. In the past, nike faced several controversies related to child labor and ethics in its supply chain. Nike inc released its fiscal 2007 to 2009 corporate responsibility cr report which outlines the next evolution of its cr strategy from a risk management, philanthropic and compliance model to a longterm strategy focused on innovation, collaboration, transparency and advocacy.
As used in this report, the terms we, us, nike and the company refer to nike. Nke today reported financial results for its fiscal 2018 third quarter ended february 28, 2018. Added up, its a powerful formula for extending our competitive advantage and delivering sustained growth for years to come. C2 adeka csr report 2011 adeka csr report 2011 1 contents editorial policy the adeka group pursues corporate activities with a commitment to corporate social responsibility csr that is integrally aligned with its corporate principles and business strategies, in order to contribute to the health and enrichment of society. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenueproducing transaction, including, but not limited to, sales, use, valueadded and excise. Nikes tax strategy is to maximize shareholder value in a socially responsible. This is explained in depth in our full 2010 csr report and updated upon in this communication on progress 2011. Nikes sustainability report takes top ceresacca award. Oct 28, 2010 nike csr reportsnike csr reports source. Today, nike grind a palette of premium recycled materials is used in 71% of nike footwear and apparel products, in everything from yarns and trims, to soccer kits and basketball shoes. Nikes purpose is to unite the world through sport to create a healthy planet, active communities and an equal playing field for all.
Pdf global labor practices and corporate social responsibility. Nike and child labour how it went from laggard to leader. Corporate social responsibility campaigns enhanced peoples perceptions of. It was going to be a longer journey than they might have imagined. Nike is using the power of their brand, the energy and passion of the people and the scale of business to create a meaningful change. Developing this report has required some extensive research into the topic of corporate social responsibility and into. We also included more employeerelated data in our 2011 report. However, in recent years, it has invested a lot in csr and sustainability. Building on nikes reporting tradition since 2001, we expect to report progress. Its hard to believe, given the steady stream of corporate social responsibility csr accolades the company has racked up in the last 10 years, that nike was facing boycotts and public ire. Nike issues fy04 corporate responsibility report nike news. Corporate social responsibility csr shows that a company actively takes steps to invest in the greater good of a community by doing something that demonstrates a level of caring. Avoid 100,000 tons of lead and 60,000 tons of bfrs between fy04 and fy12 reduce packaging size for desktops and laptops by 10 percent eliminate 20 million pounds of packaging by 2012. Corporate social responsibility, stakeholder engagement, multiple theory agency problems, internationalization, worker mobility.
The hitachi metals group formulated the good practice guidance for hitachi metals group companies in september 2010 to serve as a common global standard for corporate conduct. The opportunity is greater than ever for sustainability strategy to drive business growth, build deeper consumer and community connections, and create positive social and environmental change. To discuss with the independent auditor any items required to be communicated by the independent auditor by applicable pcaob or other standards. Fy1011 sustainable business performance summary nike news. Managing ethical missteps sweatshops to leadership. The corresponding csr policy and strategy are based on nikes consideration for communities and customers, whose interests significantly influence the companys design and production of its athletic footwear, equipment and apparel. Show full abstract sponsors image, reputation and credibility. Nike reaffirms commitment to environmental and social targets in new sustainability report.