Nike Inc

Common Name
Nike
Country
United States
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
79,400
Ticker
NKE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Nike Inc. is a global leader in the design, development, and marketing of athletic footwear, apparel, equipment, and accessories. As a major player in the sports and lifestyle industries, Nike's prima...

Nike's GHG Emissions Data Preview

In 2023, Nike completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Nike has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Nike's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nike amounted to 70,723 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nike decreased by 75.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Nike's Scope 1 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e+11%+38%-8%+9%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Nike's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nike were 59,672 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Nike reduced its Scope 1 emissions over time?

Since 2018, Nike's Scope 1 emissions have increased by 42.28%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Nike's Scope 1 emissions decreased by 7.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Nike's Scope 2 emissions?

In 2023, Nike reported Scope 2 greenhouse gas (GHG) emissions of 11,051 tCOâ‚‚e using the market-based method.

What methodology does Nike use for Scope 2 reporting?

In 2023, Nike reported its Scope 2 emissions using the market-based method.

Nike's Scope 2 Emissions Over Time

201820192020202120222023070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nike's Value Chain Emissions

In 2023, Nike reported 16,546,214 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Nike includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Nike's Scope 3 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e+5%+8%-7%-8%+66%
  • Total Scope 3
  • Year-over-Year Change

What are Nike's Scope 3 emissions?

In 2023, Nike reported total Scope 3 emissions of 16,546,214 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 54.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 45.83% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Nike reduced its Scope 3 emissions over time?

Since 2018, Nike's Scope 3 emissions have increased by 61.12%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Nike's Scope 3 emissions increased by 66.24%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Nike disclose?

In 2023, Nike reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Nike's Scope 3 emissions?

In 2023, the largest contributors to Nike's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 8,093,308 tCOâ‚‚e (48.91%)
  • Use of Sold Products (Cat. 11): 7,079,694 tCOâ‚‚e (42.79%)
  • Upstream Transportation and Distribution (Cat. 4): 624,267 tCOâ‚‚e (3.77%)

Nike's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(42.8%)UpstreamTransportation andDistribution(Cat. 4)(3.8%)Purchased Goods andServices (Cat. 1)(48.9%)

Insights into Nike's Total Carbon Footprint

In 2023, Nike reported a total carbon footprint of 16,616,937 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 62.24% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Nike's total carbon footprint was Scope 3 emissions, accounting for 99.57% of the company's total carbon footprint, followed by Scope 1 emissions at 0.36%.

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