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Nike is said to be one of the 36 major businesses that have pledged to use 100 percent renewable energy for electrical demands by the year 2025. This will go hand in hand with their past efforts to innovate on the environmental front, such  as the development of the Flyknit, apparel made out of recycled PET bottles and the waterless ColorDry dyeing process.

Nike Chief Operating Officer Eric Sprunk said in a press release:

“Climate change is a global issue that requires global solutions, We believe that collaboration is important to accelerate and scale sustainable innovations that have potential to change the world, and Nike is proud to join the leading global brands in RE100 with our commitment to reach 100 percent renewable energy.”

CEO Mark Parker said the company’s business strategy now revolves around separating, or “decoupling,” “profitable growth from constrained resources.”

 

via: Portland Business Journal


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