Nike Csr - 3496 Words

Nike CSR Corporate social responsibility can be defined as the economic, legal, ethical, and discretionary expectations that society has of organisations at a given point in time (Carroll and Buchholtz 2003, p. 36). The concept of corporate social responsibility means that organizations have moral, ethical, and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the corporation suggests that its primary, if not sole, responsibility is to its owners, or stockholders. However, CSR requires organisations to adopt a broader view of its responsibilities that includes not only stockholders, but many other constituencies as well, including†¦show more content†¦I am now going to list and elaborate on all of Nikes’ CSR policies and schemes. The Nike Considered Index Breakdown: This index tool is provided for evaluating the carbon footprint of a product prior to commercialisation. This system examines solvent use, waste, materials and innovation for footwear. Apparel products are evaluated on waste, materials, garment treatments and innovation. Products are assigned a Considered score using the Index framework based on Nike s known footprint in these areas. Only products whose score significantly exceeds the corporate average can be designated as Considered. The Index metrics are based on over a decade of collecting solid waste and solvent use data in footwear, and the examination of waste footprints in hundreds of apparel and footwear products across all sport categories. They are also based on the evaluation of every commercial material used to manufacture Nike products using a life cycle approach. Reuse the shoe program: Since 1993, Nike have recycled over twenty million sports shoes and contributed to more than 250 sports surfaces for children to play on. They promote this program by using the slogan, â€Å"Worn out. Play on.† Nike Environmentally preferred materials: Nike has developed a Material Analysis Tool (MAT) based on lifecycle thinking to quantitatively evaluate and rank our material choices, giving definition to Nike EPM s. Each material is assigned a numeric value that feedsShow MoreRelatedCsr and Nike3829 Words   |  16 Pages1. Corporate Social Responsibility (CSR) and its Importance: 1.1 Definition of CSR: What does Corporate Social Responsibility or CSR mean? The World Business Council for Sustainable Development in its publication Making Good Business Sense by Lord Holme and Richard Watts, used the following definition: Corporate Social Responsibility is the continuing commitment by business to behave ethically and to contribute to economic development while improving the quality of life of the workforce andRead MoreThe Csr Issue Of Nike1776 Words   |  8 PagesThe first subject to be considered is what exactly the CSR issue is and why it is significant. Nike is the largest producer and seller of sports outfit and apparel in the world. Phil Knight established the organization in 1964 by offering running shoes out of the storage compartment of his car at track and field competitions meets. The company grew radically and since then, Nike has developed and now possesses over $19.2 billion in revenue with its products sold in about 180 countries in the worldRead MoreNike CSR Analysis1581 Words   |  7 Pagesï » ¿ 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 environmentalRead MoreNike Csr Challenge1492 Words   |  6 Pages12/15/2015 10  Recommendations  for  Lean  Production  Execution  Success Advertisement 1. Lean  Manufacturing 3. Lean  Manufacturing 5. Lean  Production  Systems 2. Lean  Manufacturing 4. Lean  Resources 6. Lean  Production Tuesday,  December  15,  2015    Health Business Finance Travel Home  Repair Technology Computers Autos Family Entertainment   Nirav  Patel   Ã‚     Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚   10 Recommendations  for  Lean  Production Execution  Success    Management  Articles  |  July  11Read MoreOrganizational Culture Through Csr Initiatives Are Tentree And Nike Essay1183 Words   |  5 Pagescorporate social responsibility (CSR) initiatives can directly reflect organizational culture and the voluntary implementation of these beliefs, expectations and values. It demonstrates their organizational reputability, especially if society benefits from them operating in an economic, social and environmentally sustainable manner (Global Affairs Canada, 2016). Two companies that portray their organizational culture through CSR initiatives are Tentree and Nike. However, these companies differRead MoreNike And Sweatshop Practices During Asian Pacific Region2331 Words   |  10 PagesNike and Sweatshop Practices in Asian Pacific Region The introduction and growth of globalization in the developing world coupled with the rise of Multi-National Corporations have produced an onslaught on factory workers who are forced to work in sweatshops for little or no pay. A business dictionary defines globalization as the worldwide movement towards economic, financial, trade and communications integration. Globalization points towards the opening of local and nationalistic perspectivesRead MoreMission And Vision Of Nike And Adidas1992 Words   |  8 Pagesof learning the vision, mission, CSR and stakeholders of two multinational sports utility manufacturing Companies, Nike and Adidas. In this report, we will be learning what their goals are, mission and vision of Nike and Adidas, how they have implemented these into their company process, how their policy is different. We will also be studying different strategies and different stakeholders they focus on to maintain their respective company’s sustainability. Nike and Adidas both specialize in footwearRead MoreNike Ethics Case Study1215 Words   |  5 Pagesfrom mass ordering and mass production are opportunities Nike sorted to exploit. However, this is not with problems as might lead to loss of control, and moral concern like was the case with Nike raising concern relating ethical principle in business. In this paper, we shall be answering questions related to the complexities of expansion amid a globalize world drawing inspiration from â€Å"The Promise and Perils of Globalization: The Case of Nike†, a working paper presented by Richard M. Locke and AlvinRead MoreCommunity Relations Efforts Of Nike Inc. Essay2154 Words   |  9 Pages Title: Community Relations for NIKE Author: Isuri Rajapaksa Faculty Sponsor: Katrina J. Quinn Abstract: This case study examines the community relations efforts of Nike Inc. This project gives an overview of the company and shows how the community relations programs can be developed globally. It also consists of the comparison between Nike and Toms. Finally this case study also includes and insight on an interview, suggestions and an evaluation. Nike is a multinational corporation foundedRead MoreNike Supply Chain764 Words   |  4 PagesNike Supply Chain Management Nike is one of the world’s largest athletic shoes and Apparel Company based on USA, including footwear, apparel, equipment, accessories, and services. The company was found at January 25, 1964 and they change its name to NIKE on May 30, 1971. Nike has brand basket and market them, such as NIKE+, Air Jordan, Hurley International, Converse and etc. Nike’s supply chain is plenary because they control the add-value part by itself and outsourced those labor-intensive part