19 May Nike Outlines New Sustainability Targets
Nike Inc. announced a new, broad set of sustainability targets for 2020 and beyond, promising to reduce its environmental impact, transform its manufacturing, and diversify its workforce during a planned period of growth.
The new report outlines how Nike plans to create a more sustainable future for itself, including the goal of reaching 100 percent renewable energy in Nike-owned or operated facilities by the end of fiscal year 2025.
As roughly 60 percent of the environmental impact in a pair of Nike shoes is embedded in the materials used, the company says it is also seeking a 10 percent reduction in the average environmental footprint of its products, promising to increase its use of sustainable materials in a move toward closed-loop products.
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