Today, NIKE, Inc. became a Global Partner of the Ellen MacArthur Foundation, the leading organization working with business, government and academia to build a framework for a circular economy.
With this partnership, Nike will accelerate its innovation efforts toward a closed-loop future by joining other influential companies and emerging innovators working on the shift to an economy that is restorative and regenerative by design. Nike will work closely with the foundation and other partners to advance strategic initiatives for the business as well as collaborative industry efforts that create value through circular practices.
“From concept to creation, Nike is working to embed sustainability across our operations and product lines, and we also seek to collaborate across industries and society to drive systemic change,” says Hannah Jones, Chief Sustainability Officer and VP, Innovation Accelerator, NIKE, Inc. “As a Global Partner to the Ellen MacArthur Foundation, we are enthusiastic about the opportunity to work with like-minded organizations and accelerate new business models that help us create closed-loop product on the path toward a circular economy.”
Nike continues to invest in sustainable innovation to drive business growth and deliver performance innovation for athletes, all while accelerating towards a low-carbon growth economy. Nike believes strategic collaborations are essential to making progress toward these goals.
For more information, view the press release.