Nike : Takes Steps Toward 100% Renewable Energy in North America
January 18, 2018 at 11:09 am EST
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Nike announced today that it has signed its second major wind contract with Avangrid Renewables - this time for 86 megawatts of Texas wind power.
'This agreement enables us to source 100 percent renewable energy across our owned or operated facilities in North America,' says Hannah Jones, Chief Sustainability Officer and VP of the Innovation Accelerator for Nike. 'Investing in renewable energy is good for athletes, the planet and for business.'
This virtual power purchase agreement (PPA) will come to life through the Karankawa Wind Farm near Corpus Christi, Texas, that's scheduled for completion in mid-2019. Nike's power purchase commitment of 86 megawatts over the life of the agreement is equivalent to powering more than 400,000 average American households with carbon-free energy or to the emissions reduction of taking nearly 800,000 vehicles off the road for one year.
For more information, download the press release.
Nike Inc. published this content on 18 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 January 2018 16:09:03 UTC.
Original documenthttps://news.nike.com/news/nike-renewable-energy-wind-farm
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Nike, Inc. specializes in the design, manufacturing and marketing of sports shoes, clothing, and equipment. The group's products are sold primarily under the names Nike, Jordan, Converse Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell. Net sales break down by family of products as follows:
- footwear (68.9%);
- clothing (27.2%);
- sports equipment (3.4%): golf equipment (golf clubs, balls, gloves, etc.), bags, balls, etc.;
- other (0.5%).
At the end of May 2023, products were being marketed through a network of 1,032 stores worldwide, through independent distributors, and via the Internet.
Net sales are distributed geographically as follows: North America (44.3%), Europe/Middle East/Africa (27.5%), China (14.9%), Asia/Pacific and Latin America (13.2%) and other (0.1%).