Activist investor, Tulipshare, has filed a shareholder proposal requesting Nike’s board oversee and issue a report to shareholders assessing the effectiveness of its existing supply chain management infrastructure in ensuring alignment with Nike’s equity goals and human rights commitments. Tulipshare recommends Nike’s report includes: Assessment of whether existing policies and implementation mechanisms, such as codes, guidance and supply chain contract terms ensure alignment throughout the value chain; Methodology and metrics to track and measure performance on forced labour and wage theft risks; Consistency with OECD Guidelines, UN Guiding Principles, and…
Read MoreTulipshare’s Nike campaign escalates as activist investor files proposal for AGM
