According to Reuters, London-based activist shareholder platform Tulipshare is calling on Nike to provide more transparency about working conditions in its supply chain and disclose whether the company’s policies actually meet its stated justice goals and human rights commitments. The group, which owns 276 Nike shares and wants to help investors advocate for environmental and social commitments, has asked Nike to provide information on methodology and metrics used to identify risks of forced labor and wage theft and to consider implementing model supplier contracts developed by the American Bar Association. Tulipshare said it submitted its proposal to Nike, and the company acknowledged receipt. There was no comment yet from the Portland-based sporting goods manufacturer.
Most recently, Nike 2021 stated in its Impact Report that forced labor, supply chain transparency, and labor rights are among the company’s top priorities and that 85% of its extended supply chain facilities already meet basic labor, health, safety and safety environmental standards. However, Tulipshare said Nike has failed to adequately disclose how it assesses the risk of Uyghur forced labor within its supply chain, citing ongoing labor complaints against the company. “Tulipshare wants Nike to lead the way in improving human rights for the garment workers who make their clothes, many of whom are now facing the worst of the economic fallout of Covid-19,” reads the activist shareholder platform’s website, where the organization calls on consumers to ask Nike to protect all garment workers in its supply chain.
