Nike shareholders reject climate proposal backed by Norway wealth fund

Nike shareholders reject greater climate transparency - RetailDetail EU

Nike's shareholders rejected a proposal calling for greater transparency regarding the sports brand's climate goals. However, investors did approve the controversial compensation package for top management.

Nike shareholders reject climate proposal backed by Norway wealth fund

By Danielle Kaye NEW YORK, Sept 8 (Reuters) - Nike shareholders have rejected a proposal urging more transparency on its climate goals, including disclosing details on how the sportswear maker intends to reach emissions-reduction targets, the company s...

Nike shareholders reject climate transparency proposal backed by shareholder

Nike shareholders have rejected a proposal calling for greater transparency over its climate targets, despite the resolution winning backing from Norway’s $2tn sovereign wealth fund. The proposal urged Nike to provide more detail on how it plans to meet its emissions-reduction targets. Nike has previously committed to cutting carbon emissions from its own operations by...