About: nike

Nike fined €12.5 million for antitrust, football merchandise restrictions

The European Commission announced on Monday (25 March) that the popular US sportswear group Nike has been fined €12.5 million for unlawfully preventing cross-border sales of football merchandise, which lead to higher prices and a reduced choice for consumers.

Commission investigates if Netherlands benefited Nike with tax bill

The European Commission decided on Thursday (10 January) to open an in-depth investigation to determine whether the Netherlands had breached EU rules by allowing Nike to cut its tax bill through complex financial schemes.

Nike commits to reduce greenhouse gas emissions

Nike has made a concrete commitment to reducing the greenhouse gas emissions from its operations by signing up to the Climate Savers program. The Environmental News Network reports that Nike has also said that it will measure the emissions from its sub-contractors' operations as well as its shipping operations.

Business develops reporting standard for greenhouse gas emissions

International companies will be able to report on their reductions of greenhouse gas emissions thanks to a new uniform accounting and reporting standard. This standard, the Greenhouse Gas Protocol (GHG Protocol), was developed over a three-year period and presented by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). It will be launched in Brussels on 26 October.