Nike shareholders push for more reporting on pay equity

Proxy advisory firm Institutional Shareholder Services recommended on Wednesday that Nike investors vote for a resolution calling on the company to disclose more data on pay equity for female and minority employees. Massachusetts-based investment adviser Arjuna Capital, a regular submitter of shareholder resolutions, filed the proposal with the Securities and Exchange Commission in late July. The firm asked Nike for an annual report on median earning gaps for female and minority employees, stating that the report should include the company's associated wage policy and "risks related to recruiting and retaining diverse talent."