Nike Code Of Ethics Essay

Fashion has become an important part of everyday life throughout the world. Every morning people wake up to decide what they are going to wear and if it is “trendy” in today’s society. Television and media is covered with celebrity’s new dresses and unique outfits. Most of the first world countries are unaware of how retail clothing companies manufacture their clothes. Being both ethical and a profit powerhouse in the clothing industry is difficult for even the best of businesses. People throughout the world are speaking up for unethical behavior and these large company’s sales are hurting from it. Two companies that have really stood out in the past decades are Nike and Hennes & Mauritz, more commonly known by the name H&M. Both companies

They have many restrictions and rules for their contractors and subcontractors, as well as know every end use and end user for all their transactions. Nike wants all their third party affiliates to comply with their rules about how employee acts, including honesty, free from harassment, etc. They do this through their Code of Conduct and corporate social responsibility. Business integrity and honesty is a key standard for Nike retaining business with a third party. The code specifically states, “This code calls for our partners’ management practices to respect the labor and employment rights of all employees, to minimize the impact on the environment, provide a safe and healthy work place, and promote the health and well being of all employees.” Nike is trying to be a leader by striving for their third party contractors to do the same as them and making the world a better place. Social responsibility is important to an ethical company because it impacts society and everyone in the world. If people and corporations weren’t socially responsible for their actions, everyone would be suffering and the world would be a cold, dark place. Nike not only wants to make themselves a better company, but also the world a better place to

H&M was founded by a man named Erling Persson in 1947. The first store opened in Sweden, where the company headquarters is located. He started the company to offer fashionable clothing at a fairly cheap price. He first was selling only women’s clothing until he met Mauritz Widforss in 1968. Mauritz was a hunting apparel retailer, which brought men’s clothing to H&M. H&M is now the second largest global retailer in the clothing retail industry, making profits of $17 billion a year. Their stores can be found from the Middle East to Brazil, with over three thousand stores. H&M may not seem like a large company in America, but they have a lot of impact on the world as a