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Activist Investment Platform Pens Letter to Nike Board Over Worker Rights Concerns

A copy of the letter reviewed by BoF calls on Nike to publicly disclose details of its purchasing practices, such as ring-fencing labour costs; adopt model contract clauses for protecting workers developed by the American Bar Association in its supplier contracts.
A landscape image of Nike Inc.'s World Headquarters
Nike Inc. World Headquarters (Nike)
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Tulipshare, a London-based platform representing investors’ interests on social and environmental causes, sent a letter to Nike’s board of directors Monday reiterating calls for improved transparency and respect for human rights in its supply chain and expressing “grave concern” for the sportswear giant’s lack of response to previous outreach attempts.

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