ESG

CCLA, Trillium rally Nike shareholders for showdown over workers’ rights

Shareholder filing comes after the UK’s largest charity fund manager raised concerns over a potential London IPO by fast fashion group Shein

CCLA, Trillium rally Nike shareholders for showdown over workers’ rights
Photo: Nicole Tung/Getty Images

CCLA Investment Management, the responsible investor that blasted Shein’s potential London listing, has set the stage for a shareholder revolt at Nike’s annual meeting over workers’ rights.

The £14.9bn firm is demanding more transparency from the sportswear giant on how it protects vulnerable workers in its supply chains.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire