PAWTUCKET, R.I.--(BUSINESS WIRE)--
Inc. (NASDAQ: HAS) announced today that it has been recognized
by the Ethisphere Institute, the global leader in defining and advancing
the standards of ethical business practices, as a 2016
World's Most Ethical Company®.
The World's Most Ethical Companies designation recognizes those
companies who align principle with action, work tirelessly to make trust
part of their corporate DNA, and in doing so, shape future industry
standards by introducing best practices. Hasbro has been designated as a
World's Most Ethical Company for the past five years.
"Hasbro is honored to be ranked amongst the World's Most Ethical
Companies for the fifth consecutive year. This is a testament to
Hasbro's strong commitment to corporate social responsibility,
governance and ethics, and environmental sustainability," said Brian
Goldner, Chairman, President and Chief Executive Officer.
"This recognition underlies the strength of the Hasbro brand as we
continue on our CSR journey and fulfill our company purpose to make the
world a better place for children and their families. Across the globe,
we are committed to playing our part in building a safer, more
sustainable world for future generations," said John Frascotti,
President, Hasbro Brands.
"As a five-time honoree, Hasbro's commitment to leading with integrity
is evidenced by its continuing commitment to corporate social
responsibility initiatives and a robust risk based compliance and ethics
program," said Ethisphere Chief Executive Officer, Timothy Erblich.
"Hasbro recognizes its role in the global business community and the
value this creates for investors, customers and employees.
Congratulations to everyone at Hasbro for again being recognized as a
2016 World's Most Ethical Company."
Methodology & Scoring
The World's Most Ethical Company assessment is based upon the Ethisphere
Quotient™ (EQ) framework developed over years of research to provide
a mean to assess an organization's performance in an objective,
consistent and standardized way. The information collected provides a
comprehensive sampling of definitive criteria of core competencies,
rather than all aspects of corporate governance, risk, sustainability,
compliance and ethics. The EQ framework and methodology is determined,
vetted and refined by the expert advice and insights gleaned from
Ethisphere's network of thought leaders and from the World's Most
Ethical Company Methodology
Scores are generated in five key categories: ethics and compliance
program (35%), corporate citizenship and responsibility (20%), culture
of ethics (20%), governance (15%) and leadership, innovation and
The full list of the 2016 World's Most Ethical Companies can be found at http://worldsmostethicalcompanies.ethisphere.com/honorees/.
To learn more about Hasbro's Corporate Social Responsibility efforts,
please visit www.hasbro.com/csr.
HAS) is a global company committed to Creating the World's Best Play
Experiences, by leveraging its beloved brands, including LITTLEST PET
SHOP, MAGIC: THE GATHERING, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and
TRANSFORMERS, and premier partner brands. From toys and games,
television programming, motion pictures, digital gaming and consumer
products licensing, Hasbro fulfills the fundamental need for play and
connection with children and families around the world. The Company's
Hasbro Studios and its film label, ALLSPARK PICTURES, create
entertainment brand-driven storytelling across mediums, including
television, film, digital and more. Through the company's commitment to
corporate social responsibility, including philanthropy, Hasbro is
helping to build a safe and sustainable world and to positively impact
the lives of millions of children and families. Learn more at www.hasbro.com,
and follow us on Twitter (@Hasbro & @HasbroNews)
and Instagram (@Hasbro).
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing
the standards of ethical business practices that fuel corporate
character, marketplace trust and business success. Ethisphere has deep
expertise in measuring and defining core ethics standards using
data-driven insights that help companies enhance corporate character.
Ethisphere honors superior achievement through its World's Most Ethical
Companies® recognition program, provides a community of industry experts
with the Business Ethics Leadership Alliance (BELA) and showcases trends
and best practices in ethics with the publication of Ethisphere magazine.
More information about Ethisphere can be found at: http://ethisphere.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160307006274/en/
Julie Duffy, 401-727-5931
Source: Hasbro, Inc.
News Provided by Acquire Media