Review Nike's Mission And Values Statements As Well As Other

Review Nikes Mission And Values Statements As Well As Other Sources T

Review NIKE’s mission and values statements as well as other sources that provide insight into the company’s values with regard to social responsibility. Pick two of their primary values and research how the company manifests those values. Simple examples might be the commitment to workplace diversity or ecological sustainability. Instructions Create a 3–5-minute (approximately 6–8 slides) PowerPoint presentation that evaluates how well the company embodies its issue-related values . Your presentation should contain detailed speaker’s notes that flesh out and support main points, ideas, or conclusions and have supporting citations. Summarize NIKE'S Supplier Responsibility information. In your own words, explain how each aspect of your Supplier Code of Conduct is committed to ethical business practices and social responsibility. Discuss your company's stance on each of the following areas: Empowering Workers. Labor and Human Rights. Health and Safety. The Environment. Accountability. Identify the key ways that your company's Code of Conduct has changed since last year. Examine the manner in which your company's Supplier Code of Conduct helps the organization operate as a socially responsible organization. In this week's discussion, you consider assembling a team to write a supplier code of conduct. Recommend the stakeholders roles (4–5) needed on the team and how each supports the project. Integrate at least three supporting resources from the Strayer University Library or other reputable sources. The specific course learning outcome associated with this assignment is: • Create a presentation about the key areas, changes, and progress in a company's supplier responsibilities and code of conduct.

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Review Nikes Mission And Values Statements As Well As Other Sources T

Review Nikes Mission And Values Statements As Well As Other Sources T

Nike Inc., a global leader in athletic footwear, apparel, and equipment, has long been committed to social responsibility and ethical business practices. Its mission statement, “Bring inspiration and innovation to every athlete in the world” (if you have a body, you are an athlete), underscores the company's focus on empowerment and innovation. The company's core values include sustainability, diversity, community engagement, and integrity, reflecting its commitment to social responsibility. Analyzing Nike’s mission and values reveals how these principles are manifested in its operations and corporate culture.

Primary Values and Their Manifestation

1. Ecological Sustainability

Nike exemplifies its commitment to environmental sustainability through initiatives such as the "Move to Zero" campaign, aiming for zero carbon emissions and waste. The company has incorporated sustainable materials into its products, such as recycled polyester and organic cotton, and invests in renewable energy solutions in its manufacturing facilities (Nike, 2023). For instance, Nike's Reuse-A-Shoe program recycles worn-out sneakers into new products and materials, promoting resource conservation and waste reduction.

2. Workplace Diversity and Inclusion

Demonstrating its commitment to diversity, Nike has established comprehensive diversity and inclusion policies. The company promotes equal employment opportunities, fosters an inclusive workplace culture, and supports minority-owned suppliers (Nike, 2022). Nike’s diversity initiatives include hiring practices aimed at increasing representation of women and underrepresented groups in leadership roles and supplier diversity programs to empower minority entrepreneurs.

Manifestation in Corporate Practices

Nike’s environmental initiatives are integrated into its supply chain management, where suppliers are held accountable for reducing environmental impact. The company's annual sustainability reports detail progress in reducing carbon footprints and increasing energy efficiency. Similarly, Nike’s D&I efforts are reflected in its recruitment strategies, leadership diversity metrics, and partnerships with organizations promoting racial and social equity (Nike, 2021).

Supplier Responsibility and Code of Conduct

Nike's Supplier Code of Conduct emphasizes ethical labor practices, environmental responsibility, and accountability. It commits to empowering workers by advocating for fair wages, safe working conditions, and respecting human rights. The code mandates compliance with local labor laws, prohibits child labor and forced labor, and ensures that workers operate in a healthy and safe environment (Nike, 2023).

Key Areas of Stakeholder Engagement in Focus

  • Empowering Workers: Nike emphasizes the importance of fair wages, workers’ rights, and enabling worker participation in decision-making.
  • Labor and Human Rights: The company prohibits forced labor, child labor, and discrimination while promoting freedom of association.
  • Health and Safety: Nike enforces rigorous safety standards in its supply chain to prevent workplace accidents and ensure worker well-being.
  • The Environment: The company aims to minimize environmental impact through waste reduction, sustainable sourcing, and energy efficiency measures.
  • Accountability: Nike monitors compliance through audits and partners with third-party organizations to uphold its standards and improve accountability.

Recent Changes to the Code of Conduct

Nike has recently strengthened its Supplier Code of Conduct, emphasizing greater transparency and accountability. New provisions include mandatory public reporting on sustainability initiatives and enhanced auditing processes to ensure compliance. The company also expanded its focus on modern slavery prevention and improved mechanisms for worker grievances (Nike, 2023).

Role of the Supplier Code of Conduct in Social Responsibility

The Supplier Code of Conduct is fundamental to Nike’s commitment to social responsibility, as it establishes clear expectations for suppliers and promotes sustainable and ethical practices throughout its supply chain. By holding suppliers accountable, Nike fosters an ethical sourcing environment that aligns with global standards and respects human rights. This collaborative framework enables Nike to operate responsibly while maintaining competitive advantages.

Assembling a Team to Write a Supplier Code of Conduct

Stakeholder Roles

  1. Ethical Sourcing Expert: Provides expertise on global labor standards, ethical sourcing practices, and compliance frameworks, ensuring the code aligns with international commitments.
  2. Supply Chain Manager: Offers insight into actual supply chain operations, supplier relationships, and practical implementation of standards across diverse regions.
  3. Legal Advisor: Ensures the code complies with local laws and international regulations, reducing legal risks for the organization.
  4. Human Rights Advocate: Represents worker rights interests, advocates for fair treatment, and ensures that human rights considerations are embedded in the code.
  5. Sustainability Specialist: Integrates environmental standards into the code, focusing on sustainable sourcing, waste reduction, and resource efficiency.

Supporting Resources

  1. Fletcher, K. (2014). Sustainable Fashion and Textiles. Routledge.
  2. Anner, M. (2020). “Abandoned? The Impact of COVID-19 on Apparel Supply Chains,” Labor Studies Journal, 45(3), 278-290.
  3. Oke, C., & Van Der Merwe, A. (2018). “Corporate Social Responsibility and Global Supply Chains,” Journal of Business Ethics, 147(2), 247-262.

Conclusion

In conclusion, Nike’s commitment to social responsibility is evident through its mission statement, core values, and comprehensive supplier responsibilities. The continuous improvement of its Code of Conduct demonstrates a proactive approach to ethical sourcing and sustainable practices. Building an effective team with diverse stakeholder expertise is essential in drafting a robust and actionable supplier code that fosters a responsible supply chain aligned with international standards and corporate values.

References

  • Fletcher, K. (2014). Sustainable Fashion and Textiles. Routledge.
  • Anner, M. (2020). “Abandoned? The Impact of COVID-19 on Apparel Supply Chains,” Labor Studies Journal, 45(3), 278-290.
  • Oke, C., & Van Der Merwe, A. (2018). “Corporate Social Responsibility and Global Supply Chains,” Journal of Business Ethics, 147(2), 247-262.
  • Nike, Inc. (2021). Sustainability Report 2021. Nike.
  • Nike, Inc. (2022). Diversity & Inclusion Report. Nike.
  • Nike, Inc. (2023). Supplier Responsibility Standards. Nike.
  • Nike, Inc. (2023). Move to Zero. Nike.
  • Blowfield, M., & Frynas, J. G. (2005). “Setting new agendas: Critical perspectives on Corporate Social Responsibility in the developing world,” International Journal of Management Reviews, 7(2), 131-149.
  • Crane, A., Matten, D., & Spence, L. J. (2013). Corporate Social Responsibility: Readings and Cases in a Global Context. Routledge.
  • Visser, W. (2010). “Corporate Social Responsibility in Developing Countries,” in Crane, A., Matten, D., Moon, J., & Siegel, D. (Eds.), The Oxford handbook of corporate social responsibility, Oxford University Press.

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