01:37 PM EDT, 09/10/2024 (MT Newswires) -- Nike ( NKE ) shareholders on Tuesday voted against proposals requiring the company to reassess working conditions at sourcing locations and its supply chain, according to media reports Tuesday.
One proposal would require the company to publish a report assessing how the implementation of worker-driven social responsibility principles and support of binding agreements would impact Nike's ( NKE ) ability to pinpoint and remediate human rights issues in sourcing from high-risk countries.
Shareholders also voted down a proposal that would have required the Nike ( NKE ) board to oversee and issue a report to shareholders evaluating the effectiveness of the company's existing supply chain management infrastructure in ensuring it meets its equity goals and human rights commitments, according to a Bloomberg report.
Nike ( NKE ) did not immediately reply to a request for comment from MT Newswires.
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