23 Aug '11, 11am

Nike To Clean Up Supply Chain by 2020

The world's largest sportswear brand, Nike (NYSE: NKE), announced it will eliminate all releases of hazardous chemicals across its global supply chain by 2020. The company says is will ensure full transparency regarding chemicals released from suppliers' factories, and will also use its influence, knowledge and experience to eliminate hazardous chemicals from the clothing industry in general. Nike plans to publish an implementation plan within eight weeks. "We recognize the path to reaching this goal must be through innovation, the application of green chemistry, and broad industry and regulatory collaboration and engagement," Nike says. "Due to the highly complex and shared nature of supply chains, we invite others in our industry to co-create a broader action plan for the industry, as collaboration is critical to drive progress." Nike's promise to remove bioaccumulative ...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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