Investors ask Nike to pay workers’ wages - News Summed Up

Investors ask Nike to pay workers’ wages


Many investors are calling on sportswear giant Nike to pay apparel workers in Cambodia and Thailand that a labour rights group said lost wages after Covid-19 factory shutdowns. The investors want Nike to provide US $ 2.2 million in allegedly unpaid wages to more than 4,000 workers at two suppliers in Cambodia and Thailand. The investor request could add more pressure to Nike, which is set to hold its annual shareholder meeting. Nike already faces growing scrutiny of its supply chain, including investigations by Canadian and US Government agencies. Nike denied the allegations and said it has not sourced product from the Cambodian factory since 2006 and that it also found “no evidence” that it owed workers in Thailand back pay.


Source: Economic Times September 12, 2023 11:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */