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Nike hit by human rights shareholder resolution

By Seth O'Farrell and
Nike shoes
Tulipshare is calling on Nike to embed so-called ‘Model Contract Clauses 2.0’ in its supply chain. (Photo: Luke MacGregor/Bloomberg)

Investment activist Tulipshare is urging multinational sportswear group Nike to include specific contract clauses imposing human rights due diligence within its supply chain.

US-based sportswear giant Nike should 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”, according to a shareholder resolution filed by activist group Tulipshare.

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