Nike will join some of the biggest U.S. employers and release data on the recruitment and promotion rates of under-represented groups by the end of 2024.
The sports retailer promised the data after a campaign from activist investors, according to shareholder activist As You Sow. The group won support from about a third of Nike shareholders for the release of the data in a 2021 proxy proposal, and it was preparing to ask for it again at this year’s annual meeting in September. Nike confirmed its agreement to disclose the data in an emailed response.
