Corporate Governance and Climate Change: Consumer and Technology Companies
NEW YORK STOCK EXCHANGE NKE
Nike has been working on climate change issues for several years and over the past two years
has integrated its strategy across the business to seek out sustainability eff orts that also drive
business value. In 2001, Nike set carbon dioxide (CO2) emission reduction targets as part of
joining the World Wildlife Fund Climate Savers program. Th e company exceeded these goals
in 2005 and has since expanded its targets to cover a wider scope of operations. Leadership
has come from President and CEO Mark Parker, who has also been actively involved in the
public policy dialogue on climate-related regulation.
Nike, the world’s leading shoemaker, designs and sells shoes for a variety of sports and
also sells athletic apparel and equipment. Th e company and its subsidiaries sell products
throughout the US and in more than 180 other countries. Nike also bought Umbro in 2008.
As of 2008, the company had approximately 32,500 employees.
Chairman: Philip H. Knight
CEO: Mark G. Parker
Address: One Bowerman Dr., Beaverton, OR 97005-6453, United States
Corporate Responsibility Committee
Board Role Nike’s Corporate Responsibility Committee was established in 2001 to review signifi cant
policies and make recommendations regarding a wide range of corporate responsibility issues,
including environmental and sustainability initiatives. Th e Committee meets three times each
year to review strategies and plans for corporate responsibility, and either the Chairman or
the CEO attends all meetings. In 2007, the Board of Directors also approved the company’s
new global corporate responsibility targets, which include greenhouse gas (GHG) emissions
reductions and climate neutrality goals.
Board Training None identifi ed.