Hasbro Announces Commitment to Set Ambitious, Science-Based Targets to Cut Emissions
Company continues legacy of bold action to help protect planet for future generations as new signatory to Science Based Targets initiative (SBTi)
The SBTi is a global initiative that aligns with the most ambitious goal of the Paris Agreement: to reduce the impacts of greenhouse gases on human society and nature. To reach net-zero global emissions and limit global warming to 1.5°C, Hasbro will set both near-term (2030) and long-term (2050) Science-Based Targets (SBTs) this year that will be validated by the SBTi. This ambitious agenda is part of the SBTi’s new Net-Zero Standard, the world’s first science-based standard for setting a companies’ net-zero targets.
“As a global leader in play and entertainment for fans of all ages, Hasbro understands the critical importance of operating sustainably to protect our planet for future generations,” said
Hasbro has a long, respected history of environmental stewardship, and the SBTi commitment follows the organization’s on-track progress to meet its goal to eliminate virtually all plastic from new product packaging by the end of 2022, reducing the use of virgin plastic by an estimated 19.5 million pounds annually. In addition to designing products for sustainability, Hasbro also offers end-of-life recycling solutions through its industry-first
“At Hasbro, we are committed to making the world a better place for future generations, which includes taking important action to reduce our footprint across our entire supply and value chain,” said
To learn more about Hasbro’s sustainability commitments and progress, visit csr.hasbro.com.
The Company’s unparalleled portfolio of approximately 1,500 brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS & DRAGONS, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier partner brands. For the past decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by