With the world support towards the black community, Nike Inc announced that the company will commit to donating $40 million to the black community. The money will be contribute to promote social justice, educate citizens and fight against racial inequality.
John Donahoe, President and CEO of Nike Inc, stated in a statement âSystemic racism and the events that have unfolded across America over the past few weeks serve as an urgent reminder of the continued change needed in our society. We know Black Live Matters. We must educate ourselves more deeply on the issues faced by Black communities and understand the enormous suffering and senseless tragedy racial bigotry creates.â