Nike

Nike's reported carbon emissions

Nike's total greenhouse gas emissions for fiscal year 2024 were approximately 8.27 billion kg CO2e. This includes scope 1 emissions of about 57.39 million kg CO2e, scope 2 emissions of about 12.12 million kg CO2e (market-based), and scope 3 emissions of about 8.19 billion kg CO2e. In fiscal year 2023, Nike reported total emissions of approximately 9.53 billion kg CO2e, with scope 1 emissions at about 59.67 million kg CO2e and scope 3 emissions at around 9.46 billion kg CO2e. Scope 2 emissions for 2023 were approximately 11.05 million kg CO2e (market-based). Looking back, Nike's total emissions in fiscal year 2022 were approximately 10.28 billion kg CO2e. Scope 1 emissions were about 64.64 million kg CO2e, scope 2 emissions were approximately 22.94 million kg CO2e (market-based), and scope 3 emissions totalled around 9.95 billion kg CO2e. Nike is committed to reaching net zero by 2050. They have a near-term target to achieve a 70% absolute reduction in GHG emissions in owned or operated facilities by 2030, focusing on 100% renewable electricity and fleet electrification. Additionally, Nike has set a Science Based Target initiative (SBTi) aligned goal to reduce absolute scope 1 and 2 GHG emissions by 65% by 2030 from a 2015 base year, and a 30% reduction in absolute scope 3 GHG emissions within the same timeframe. In 2023, Nike reported achieving a 69% absolute reduction in emissions from their owned and operated facilities compared to a 2020 baseline, indicating progress towards their targets.