Question: What is the total monetary value (in USD) of significant fines for non-compliance with environmental laws and regulations incurred by the organization?
Answer:
Unknown
USD
6017434
Global Reporting Initiative
Nike Inc.
2018
Verified by Community check_circle
updated almost 4 years ago by Lauren Pinfold

I was unable to identify this amount in Nikes annual and impact reports. However, under the 'OTHER CONTINGENCIES' section page 39 of this source, this claim was made in regards to claims made against the company:

 

"In addition to contingent liabilities recorded for probable losses, we disclose contingent liabilities when there is a reasonable possibility the ultimate loss will materially exceed the recorded liability."

Lauren Pinfold.....2020-05-13 04:43:35 UTC