reuters.com

Nike shareholders reject climate proposal backed by Norway wealth fund

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Nike said it targets cutting carbon emissions 65% in its operations and 30% across its supply chain by 2030, reporting supply-chain emissions down 11% versus 2015. Despite that, a climate proposal was rejected as Nike’s board urged shareholders to vote no. Norway’s wealth fund backed opposition to executive compensation. A separate resolution on banning gender-transition surgery for minors in health plans also failed.

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