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The Implications of the Nike and Kasky Settlement on CSR Reporting

The settlement stipulated that Nike donate $1.5 million over the next three years to the Fair Labor Association (FLA), an industry-sponsored nonprofit that promotes adherence to international labor standards and improved working conditions worldwide. FLA will use these funds to focus on three primary areas. These areas include improving independent monitoring in manufacturing countries, developing worker education and economic opportunity, and advancing a common global standard to measure and report on corporate responsibility performance.

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