Nike joined the growing number of companies expressing unhappiness about the U.S. Chamber of Commerce's position on climate change legislation and announced it is resigning from the group's board of directors.

"We fundamentally disagree with the US Chamber of Commerce on the issue of
climate change and their recent action challenging the EPA is inconsistent with our view that climate change is an issue in need of urgent action," the company said in a statement.

Nike said it will still retain its membership in the business lobbying association. Two companies, PG&E and Exelon, over the past week, announced they were pulling their membership from the Chamber because of the group's stance on climate change legislation.

Read Nike's letter here.