Nike Inc

Common Name
Nike
Country
United States
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
77,800
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 2024, 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 8 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nike’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Nike’s data sources below and access millions more through our Disclosure Search.

a. Nike's ESG Data Spreadsheet 2024
a. Nike's ESG Data Spreadsheet 2024
b. Nike's Impact Report 2023
b. Nike's Impact Report 2023
c. Nike's Impact Report 2020
c. Nike's Impact Report 2020

Insights into Nike's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nike amounted to 268,712 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nike decreased by 4.82%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nike's Scope 1 Emissions Over Time

2018201920202021202220232024020 k40 k60 k80 ktCO2e+11%+39%-8%+9%-8%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Nike's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nike were 57,390 metric tons of CO₂ equivalent (tCO₂e). a

Has Nike reduced its Scope 1 emissions over time?

Since 2018, Nike's Scope 1 emissions have increased by 36.84%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Nike's Scope 1 emissions decreased by 3.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nike's Scope 2 emissions?

In 2024, Nike reported Scope 2 greenhouse gas (GHG) emissions of 12,120 tCO₂e using the market-based method and 211,322 tCO₂e using the location-based method. a

Has Nike reduced its Scope 2 emissions over time?

Since 2018, Nike's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 18.55%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Nike's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nike 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Nike use for Scope 2 reporting?

In 2024, Nike reported its Scope 2 emissions using the market-based method and using the location-based method. a

Nike's Scope 2 Emissions Over Time

2018201920202021202220232024070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nike's Value Chain Emissions

In 2024, Nike reported 8,196,965 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Nike includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Nike's Scope 3 Emissions Over Time

201820192020202120222023202403 M6 M9 M12 MtCO2e+5%+8%-7%-8%-5%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Nike's Scope 3 emissions?

In 2024, Nike reported total Scope 3 emissions of 8,196,965 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 93.76% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.24% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Nike reduced its Scope 3 emissions over time?

Since 2018, Nike's Scope 3 emissions have decreased by 20.18%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Nike's Scope 3 emissions decreased by 13.41%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Nike disclose?

In 2024, Nike reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Nike's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 6,952,112 tCO₂e (84.81%)
  • Upstream Transportation and Distribution (Cat. 4): 552,710 tCO₂e (6.74%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 511,400 tCO₂e (6.24%)

Nike's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(6.7%)End-of-LifeTreatment of SoldProducts (Cat. 12)(6.2%)Purchased Goods andServices (Cat. 1)(84.8%)

Insights into Nike’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nike reported Scope 1 greenhouse gas (GHG) emissions of 57,390 tCO₂e and total revenues of USD 51,360 millions. This translates into an emissions intensity of 1.12 tCO₂e per millions USD. a

Nike's Scope 1 Emissions Intensity Compared to Peers

1002,00050,0001,000,00020,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,000200,000Revenues (Millions of USD)LRoyal Caribbean CruisesYear: 2023Scope 1: 5,375,318 tCO2eRevenue: $M 13,900Scope 1 Intensity: 386.71 tCO2e/$MStarbucksYear: 2024Scope 1: 395,666 tCO2eRevenue: $M 36,176Scope 1 Intensity: 10.94 tCO2e/$MMcDonald'sYear: 2024Scope 1: 94,233 tCO2eRevenue: $M 25,920Scope 1 Intensity: 3.64 tCO2e/$MMGM Resorts InternationalYear: 2024Scope 1: 224,425 tCO2eRevenue: $M 17,241Scope 1 Intensity: 13.02 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MCarmaxYear: 2024Scope 1: 136,393 tCO2eRevenue: $M 26,536Scope 1 Intensity: 5.14 tCO2e/$MSteven MaddenYear: 2023Scope 1: 944 tCO2eRevenue: $M 1,982Scope 1 Intensity: 0.48 tCO2e/$MAutozoneYear: 2024Scope 1: 268,476 tCO2eRevenue: $M 18,490Scope 1 Intensity: 14.52 tCO2e/$MMarriott InternationalYear: 2023Scope 1: 1,226,161 tCO2eRevenue: $M 23,713Scope 1 Intensity: 51.71 tCO2e/$MO'Reilly AutomotiveYear: 2023Scope 1: 305,759 tCO2eRevenue: $M 15,812Scope 1 Intensity: 19.34 tCO2e/$MHasbroYear: 2024Scope 1: 3,880 tCO2eRevenue: $M 4,136Scope 1 Intensity: 0.94 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MChampion HomesYear: 2023Scope 1: 8,011 tCO2eRevenue: $M 2,607Scope 1 Intensity: 3.07 tCO2e/$MDomino's PizzaYear: 2023Scope 1: 121,161 tCO2eRevenue: $M 4,479Scope 1 Intensity: 27.05 tCO2e/$MGroup 1 AutomotiveYear: 2024Scope 1: 190,357 tCO2eRevenue: $M 19,934Scope 1 Intensity: 9.55 tCO2e/$MChoice Hotels InternationalYear: 2024Scope 1: 6,400 tCO2eRevenue: $M 1,585Scope 1 Intensity: 4.04 tCO2e/$MCrocsYear: 2024Scope 1: 4,098 tCO2eRevenue: $M 4,102Scope 1 Intensity: 1.00 tCO2e/$MLithia MotorsYear: 2024Scope 1: 43,354 tCO2eRevenue: $M 36,189Scope 1 Intensity: 1.20 tCO2e/$MLLLight & WonderYear: 2024Scope 1: 4,345 tCO2eRevenue: $M 3,188Scope 1 Intensity: 1.36 tCO2e/$MH & R BlockYear: 2024Scope 1: 22,993 tCO2eRevenue: $M 3,610Scope 1 Intensity: 6.37 tCO2e/$MRoss StoresYear: 2023Scope 1: 28,694 tCO2eRevenue: $M 20,376Scope 1 Intensity: 1.41 tCO2e/$MHilton Worldwide HoldingsYear: 2024Scope 1: 442,406 tCO2eRevenue: $M 11,174Scope 1 Intensity: 39.59 tCO2e/$MDanaYear: 2024Scope 1: 134,400 tCO2eRevenue: $M 10,284Scope 1 Intensity: 13.07 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MDeckers OutdoorYear: 2023Scope 1: 461 tCO2eRevenue: $M 3,626Scope 1 Intensity: 0.13 tCO2e/$MNikeYear: 2024Scope 1: 57,390 tCO2eRevenue: $M 51,360Scope 1 Intensity: 1.12 tCO2e/$M

How does Nike's GHG emissions intensity compare to its peers?

In 2024, Nike reported a Scope 1 emissions intensity of 1.12 tCO₂e per millions USD. Compared to the peer group median of 6.37 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nike rank on GHG emissions intensity within its industry?

In 2024, Nike ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Nike is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Nike's Total Carbon Footprint

In 2024, Nike reported a total carbon footprint of 8,465,677 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.16% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Nike's total carbon footprint was Scope 3 emissions, accounting for 96.83% of the company's total carbon footprint, followed by Scope 2 emissions at 2.5%. a

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