NKE · News · 20260820N

ESG and Sustainability

NIKE, Inc. · 2026-08-20 · Importance 34 · Surprise 42

Nike reportedly has a multi-year letter of intent with Ester Loop Infinite Technologies for up to 15,000 metric tons per year of Loop PET Fiber Grade resin. The recycled polyester would be supplied from the joint venture's planned facility in India, which is expected to become operational in 2028. The commitment supports Nike's use of circular, textile-to-textile recycled polyester and represents a material sustainability-related sourcing initiative, although the digest does not disclose contract value or binding purchase obligations.

Key facts

• NIKE, Inc.'s dividend yield is reported as 4.0% in the MarketBeat summary. source