Nike - Sustainability Review
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The document discusses Nike's sustainability policies and goals. It outlines Nike's agenda to analyze its sustainability decisions and metrics and chart a course for maintaining and developing sustainability. Key points include Nike reorganizing in 2012 to establish a Corporate Responsibility division and focus on sustainable business and innovation. It also summarizes some of Nike's sustainability projects like Flyknit's low-waste manufacturing and waterless dyeing technology.
Nike - Sustainability Review
- 1. NIKE –
- 2. AGENDA FOR ANALYSIS 1. Analysing the different aspects of Sustainability Policies and Decisions implemented by NIKE at various levels of Organization 2. Charting a Course of Action to maintain and further develop the Sustainability Metrics at NIKE
- 3. CASE SUMMARY NIKE February 2012: Review of Preliminary Sustainability Goals Focus on Sustainability – Not just managing risk, Putting down investments for future growth Innovation | Sustainability | Profitability Projects for Sustainability – Rewire & Restructuring Future Programs for Sustainability
- 4. INTRODUCTION TO NIKE World’s Largest Designer, Manufacturer and Marketer of Sportswear and Sports-related Apparel Founded in 1962 (as Blue Ribbon Sports) Renamed to NIKE in 1978
- 5. SUSTAINABILITY @ NIKE KEY CONTRIBUTORS Mark Parker, President & CEO, NIKE Inc. Don Blair, Vice President & CFO Eric Sprunk, Vice President, Merchandising & Product Hannah Jones, Vice President, Sustainable Business & Innovation VISION Embracing sustainability Core of Strategy Sustainability synonymous with Performance Closed-Loop System
- 6. FLYKNIT Waste-free Production Homerun on all fronts – visually iconic, high performance and very little waste INNOVATION AND SUSTAINABILITY TOWARDS
- 7. REWIRING Company reorganization Establish Corporate Responsibility (CR) Division Focus on sustainable business and innovation Downstream: Governance, Accountability and Incentives Upstream: Decision Making ⇔ Decision Makers RESTRUCTURING: Review aimed at Getting closer to the customer Driving innovation to market quicker Capitalising on growth in emerging markets Establishing a more scalable cost structure Reducing management layers Consolidating the supply chain SUSTAINABILITY PROJECTS @ NIKE
- 8. CLOSED-LOOP MANUFACTURING SYSTEM: Flyknit – almost zero waste manufacturing process WATERLESS DYING: CO2 Dyeing Technology developed by DyeCoo INNOVATION KITCHEN: Innovation | Sustainability | Employee Self-actualization BUSINESS ARM: OUR Profits | OUR Shareholder | OUR Consumers | OUR World SUSTAINABILITY HIGHLIGHTS @ NIKE
- 9. HR SUSTAINABILITY COMMITTEE Responsible for Work Environment at overseas facility Top-Level Manager + Employee Representative + CR Committee Number SUSTAINABLE INVESTMENT COMMITTEE Continue investment in companies offering Sustainable Solutions Ahead of the competition Adopt new technologies Respected image in the market DyeCoo Waterless CO2 Dyeing SUGGESTIONS
- 10. THANK YOU