Oxford Socially Responsible Investment Campaign

Nike

Nike has been in the media a lot over the past decade for its appalling labour standards, but despite this, continues to source clothing from factories where the labourers are paid far less than is feasible to support a family. The fact that they pay their workers the legal minimum wage for the country in question is irrelevant when you consider that
a) the legal minimum is insufficient and
b) Nike is making an astronomical profit. To give an example, an Indonesian worker in a sports shoe factory is likely to see 0.4% of the retail price of a pair of trainers made in that factory.

To read more about this, go to http://www.nosweat.org.uk/sections.php?op=viewarticle&artid=31

Here’s some action you can take straight away
https://www.headPorter.com/redirect.php?redirect=w9HN8M4BW5nW9KPD26uDuLCKq13e%2BeSZ
Apparently Nike keep records of the number of protest letters they receive, so it’s well worth doing.

Posted on 09/05/05 by admin

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Oxford Socially Responsible Investment Campaign is campaigning for clear committment to Socially Responsible Investment from Oxford University and for greater financial transparency in the investments of Oxford University Colleges. This website contains information about the campaign, and details on how you can get involved

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