Activist shareholder platform Tulipshare is calling on Nike to offer more transparency on working conditions in its supply chain.
In a shareholder proposal released Thursday, London-based Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments.
The group, which owns 276 Nike shares and aims to help investors push for environmental and social commitments, asked Nike for information on the methodology and metrics used to track forced labor and wage theft risks.
The proposal also calls on Nike to consider implementing model supplier contracts developed by the American Bar Association and to assess whether its findings lead to changes in the company’s policies or decision-making.
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