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Nike sweatshops. Nike, Inc. has been accused of using sweatshops and worker abuse to produce footwear and apparel in East Asia. After rising prices and the increasing cost of labor in Korean and Taiwanese factories, Nike began contracting in countries elsewhere in Asia, which includes parts of India, Pakistan, and Indonesia.
The footwear giant's China business is still in recovery mode after pandemic-related supply chain issues and a boycott among Chinese consumers toward Western brands caused Nike sales to take a hit ...
Corporate social responsibility. Employees of a leasing firm taking time off their regular jobs to build a house for Habitat for Humanity, a non-profit that builds homes for needy families using volunteers. Corporate social responsibility ( CSR) or corporate social impact is a form of international private business self-regulation [ 1] which ...
Socially responsible investing ( SRI) [a] is any investment strategy which seeks to consider financial return alongside ethical, social or environmental goals. [1] The areas of concern recognized by SRI practitioners are often linked to environmental, social and governance (ESG) topics. Impact investing can be considered a subset of SRI that is ...
The shoes contain three phrases including "Hypocrite Nike" and "Made with slave labor." In a tweet, Kanter said he would buy a plane ticket for Knight so the two could take a closer look at the ...
Racial and cultural issues. Since the late 1990s, the NBA has been criticized for embracing hip hop culture. [ 1] While some observers have argued that this criticism has more to do with race than hip hop itself, [ 2] it is a fact that the league is connected to hip hop culture. Rappers Nelly and Jay-Z had ownership stakes in NBA teams (the ...
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In his opening remarks to the Voluntary Principles Plenary in Oslo, UN Special Representative on Business and Human Rights John Ruggie held up the FLA as a model multi-stakeholder initiative: "The gold standard among voluntary initiatives, I think, is the Fair Labor Association. It leads the way precisely because its Secretariat is encouraged ...