Nike

Nike's Climate Commitments and Emissions Performance

As a leading company in the Sporting and Athletic Goods Manufacturing industry, Nike is committed to ambitious climate action. In 2024, Nike reported total global emissions of approximately 8.27 billion kg CO2e. This figure includes Scope 1 emissions of 57.39 million kg CO2e, Scope 2 market-based emissions of 12.12 million kg CO2e, and Scope 3 emissions of approximately 8.20 billion kg CO2e. Key contributors to Scope 3 emissions include purchased goods and services (6.95 billion kg CO2e), end-of-life treatment of sold products (511.40 million kg CO2e), and upstream transportation and distribution (552.71 million kg CO2e).

Nike has set several significant climate targets. The company aims to achieve net-zero emissions by 2050. For near-term goals, Nike has a Science Based Targets initiative (SBTi) approved target to reduce absolute Scope 1 and 2 GHG emissions by 65% by 2030 from a 2015 base year. Additionally, Nike targets a 30% absolute reduction in Scope 3 GHG emissions within the same timeframe (2015-2030).

The company is also working towards a 70% absolute reduction of GHG emissions in its owned or operated facilities (Scope 1 and 2) by 2030, which it plans to achieve through 100% renewable electricity and fleet electrification, referencing a 2015 base year. Nike reported a 69% absolute reduction in Scope 1 and 2 emissions from owned and operated facilities between 2020 and 2023, indicating progress towards its near-term targets.