Nike has laid out a five-year roadmap to creating a more diverse and inclusive workforce.
Nike has laid out a five-year roadmap to creating a more diverse and inclusive workforce, the company announced Thursday.
For the first time, Nike will also tie its executive compensation to the company making progress in deepening diversity and inclusion throughout its workforce, protecting the planet, and advancing ethical manufacturing, it said. The company did not release further details but said the roadmap would be completed by 2025.
“We’re proud of the successes we’ve seen, but we know the work is still just beginning,” President and Chief Executive Officer John Donahoe said in a letter addressing the five-year targets. “We are also redefining what responsible leadership looks like.”
In outlining the progress Nike made in 2020, the company said it has increased representation of women globally across its business to 49.5%, from 48% in 2015. Representation of racial and ethnic minorities, meantime, at the vice president level in the United States increased to 29% last year, from 15.9% in 2015.