Hasbro honored for increased transparency in environmental
sustainability, manufacturing ethics and product safety
PAWTUCKET, R.I.--(BUSINESS WIRE)--
Global branded play company Hasbro (NASDAQ:HAS) has been named to CR
Magazine's 2012 "100
Best Corporate Citizens" list, debuting at number 23. The maker of
TRANSFORMERS, NERF, MY LITTLE PONY and PLAYSKOOL was recognized for its
increasing transparency regarding the Company's Corporate Social
Responsibility (CSR) efforts, including product safety, environmental
sustainability and manufacturing ethics. Other notable companies making
the list this year include Starbucks, Procter & Gamble, Target and GE.
"We are honored to be recognized for our leadership in corporate social
responsibility," said Brian Goldner, Hasbro's President and CEO. "This
is a testament to our corporate values and employee commitment across
our global organization in making a positive impact on people and
communities around the world. Integrity and responsibility are central
to how Hasbro operates."
This recognition builds on the leadership distinctions Hasbro has
received from several prestigious organizations in 2012 for its CSR
efforts. In March, Hasbro was recognized as one of the "2012 World's
Most Ethical Companies" by the Ethisphere
Institute, a leading global business ethics think-tank dedicated to
the creation, advancement and sharing of best practices in business
ethics, corporate social responsibility, anti-corruption and
In February, Hasbro received an inaugural Climate
Leadership Award by the U.S. Environmental Protection Agency, as a
result of its continued efforts to address climate change and reduce
greenhouse gas (GHG) emissions.
"Hasbro has a long history of industry leadership in product safety,
environmental sustainability and manufacturing ethics, and we are
increasing transparency and stakeholder engagement around those
important issues," said Kathrin Belliveau, Vice President, Corporate
Responsibility, Hasbro. "Our commitment to doing the right thing for the
people we serve and those making our products, as well as helping to
protect our global resources is at the heart of our CSR efforts."
Highlights of Hasbro's CSR efforts include:
Reduced packaging: In April 2012, Hasbro announced
plans to reduce the amount of disposable packaging for products in
its brand portfolio beginning in 2013. This builds upon Hasbro's
ongoing sustainable packaging commitment.
Phase-out of PVC in packaging: Hasbro announced in December
2011 that it will eliminate polyvinyl chloride (PVC) from all new core
toy and game packaging beginning in 2013.
Responsible paper sourcing: Hasbro unveiled a new Paper
and Forest Procurement Policy (PFPP) in November 2011 that
reiterates the company's goal of 90 percent usage of paper packaging
and in-box game content, derived from recycled material or sources
that practice sustainable forest management by 2015.
Product safety: Continuing the company's outstanding record of
product safety, all Hasbro products meet or exceed federal and
international safety standards and regulation, and Hasbro toys are
thoroughly tested for quality and safety using a five-step quality
assurance process by Hasbro's full-time engineers and by independent
To learn more about Hasbro's CSR programs and progress, please visit www.hasbro.com/csr.
For more information about CR Magazine's 100 Best Corporate
Citizens rankings, visit http://www.thecro.com/files/100Best2012_List_3.8.pdf
.To view the complete list of the 2012 World's Most Ethical Companies,
Hasbro, Inc. (NASDAQ: HAS)
is a branded play company providing children and families around the
world with a wide-range of immersive entertainment offerings based on
the Company's world class brand portfolio. From toys and games, to
television programming, motion pictures, digital gaming and a
comprehensive licensing program, Hasbro strives to delight its global
customers with well-known and beloved brands such as TRANSFORMERS,
LITTLEST PET SHOP, NERF, PLAYSKOOL, MY LITTLE PONY, G.I. JOE, MAGIC: THE
GATHERING and MONOPOLY. The Company's Hasbro Studios develops and
produces television programming for markets around the world. The Hub TV
Network is part of a multi-platform joint venture between Hasbro and
Discovery Communications (NASDAQ: DISCA, DISCB, DISCK), in the U.S.
Through the company's deep commitment to corporate social
responsibility, including philanthropy, Hasbro is helping to build a
safe and sustainable world for future generations and to positively
impact the lives of millions of children and families every year. It has
been recognized for its efforts by being named among the "100 Best
Corporate Citizens" by CR Magazine and one of the "World's Most
Ethical Companies." Learn more at www.hasbro.com.
© 2012 Hasbro, Inc. All Rights Reserved.
Source: Hasbro, Inc.
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