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The Nike Foundation formerly the Nike PLAY Foundation is reflection of the Nike Cultures Nike is committed to assisting youth to achieve both their personal goals as well as to contribute to the overall betterment of our society The focus of Nikes resources will be applied to your empowerment sports after-school programs and community and environmental learning to develop skills build confidence and to apply critical thinking to solutions to individuals community and global concernsNikes mission for corporate responsibility is to lead in corporate citizenship through programs that reflect caring for the world family of Nike our teammates our consumers and those who provide services to NikeNike has more that 500 contract factories around the world in about 45 countries In May 1998 Nike set out six new corporate responsibility goals for these factories Rather than address the goals and progress across all 500 factories Yae Kwang Vina a Korean owned and operated footwear manufacturer in Vietnam To begin Tae Kwang Vina is referred to as VT by Nikes contract manufacturing group VT just celebrated its fourth birthday It has 10 production assembly lines and 10000 people who together produce 500000 pairs of Nikes best running shoes each monthSince it was established in the summer of 1995 VT has been run by a Tae Kwang vice president CT Park who has worked closely with Nike on corporate responsibility implementation and has done some things on his own like donating almost 300000 to local community projects like housing for war widows CT like hundreds of other factory directors was consulted about the proposed steps and then briefed on the May 1998 initiatives just before Phil Knight 4 All-Americans and 19 Olympians No other coach has had a greater impact on American track and field that Bill BowermanBowerman once determined that every ounce shaved off a miles shoe was 200 fewer pounds lifted in a race With that in mind he began crafting special shoes for his
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