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Nike, Inc.
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=== '''Social Responsibility''' === Nike's extensive CSR policy encompasses detailed topics, emphasizing reputation management due to its direct-to-consumer model. The policy covers material sourcing, water management, taxes, and more, spotlighting its commitment to diverse aspects of social responsibility. The CSR framework is categorized into People (diversity, equality, inclusion, and community engagement), Planet (supply chain sustainability, carbon, waste, water, and chemistry), and Play (promoting physical activity and coach development). * '''People:''' Focused on diversity, equality, and community engagement, Nike's People section aligns with modern business practices. * '''Planet:''' Nike's comprehensive environmental efforts target carbon, waste, water, and chemistry. The firm strives to lower emissions, enhance material recycling, reduce freshwater use, and address chemical risks. * '''Play:''' Promoting active lifestyles and fostering friendships through sports, Nike's Play initiatives contribute to social welfare. Despite historic challenges, Nike commits to ambitious environmental goals by 2025, encompassing CO2 emissions, water use, chemicals, and waste. The firm's Cleaner Chemistry program underscores responsible chemical management. On the social front, Nike allocates pre-tax profits to community projects, encourages sport engagement through the Play scheme, and facilitates grassroots development through the Nike Community Impact Fund. However, challenges persist. Nike navigates potential conflicts in raw material sourcing, processing, and community impact. Stricter labor codes deter forced labor, but supply chain risks remain, necessitating continued vigilance to avoid reputational damage.
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