Norway's Wealth Fund Calls for Nike to Address Human Rights, Sustainability Failures
Norway's wealth fund, a significant Nike shareholder, announced its support for a proposal demanding that Nike consider binding agreements with workers to address human rights issues in high-risk countries. This move comes ahead of Nike’s annual shareholders' meeting and amidst sliding sales and multiple shareholder concerns over supply chain policies and climate targets.
Norway's wealth fund has declared its support for a proposal calling on Nike to explore binding agreements with workers to enhance its ability to tackle human rights issues in high-risk countries. The $1.7 trillion fund, Nike's ninth-largest sharehol... [1030 chars]
Published by: Devdiscourse
Read full article here: https://www.devdiscourse.com/article/law-order/3075840-norways-wealth-fund-calls-for-nike-to-address-human-rights-sustainability-failures
