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Home Depot Honors Nike Grind With 2021 Environmental Partner Of The Year -$HD $NKE $DIA

By John F. Heerdink, Jr.

Reportedly, Home Depot (HD) has named Nike Grind as the 2021 Environmental Partner of the Year. Many things go into Nike shoes, from foam cushions for feet, rubber provides traction and accents made with plastics, and leather and colorful textiles to complete the look. These different elements can create manufacturing scraps and defective test shoes that need to be disposed of creating millions of pounds of waste.

Nike Grind program diverts this shoe and material waste away from landfills and changes them into a variety of new products, including gym flooring tiles, and carpet cushions and which are sold at The Home Depot.

“We’re proud to partner with companies like Nike Grind to bring quality, affordable products to our customers that have a reduced environmental footprint. Working with Nike Grind allows us to create a more sustainable future,” stated Ron Jarvis, The Home Depot’s vice president of environmental innovation. 
 
To learn more about NIKE, Inc. (NIKE) and The Home Depot, Inc. (HD) and to continue to track their progress please visit the Vista Partners NIKE Coverage Page and The Home Depot, Inc. Coverage Page respectively.
 
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
 
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(Read Original Story: Nike Grind: Home Depot's 2021 Environmental Partner of the Year in NewsDirect)


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