Nike Says It's Doubling Down on Internal Racial, Gender Goals as It Votes Down Shareholder Proposals on Diversity - NewsBreak

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By Austine in Business
Updated 3 years ago

Click here to read the full article. Nike has voted down proposals by outside shareholder groups that it provide more transparency on pay equity, hiring along gender and racial lines and human rights impact assessments, because the company believes it is making progress on its homegrown diversity and inclusion initiatives. During its virtual annual shareholders meeting Wednesday, the sports giant did not approve a proposal submitted by As You Sow, which would have required Nike to report annually details about its diversity and inclusion efforts. Similarly, a proposal by Arjuna Capital that the company report median pay gaps across race and...

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