Hasbro Releases New Corporate Social Responsibility Report
Company reaffirms long-standing commitment to product safety and environmental sustainability
This CSR report provides a detailed look at the progress
"More than ever before, CSR is a critical part of Hasbro's approach to
doing business, and we are incredibly proud of the work that our teams
are doing every day to think differently, act responsibly and come up
with smarter and more sustainable ways to run our operations," said
Below are some of the 2013 performance highlights from the CSR Report:
-
Product Safety: Children's safety is
always a top priority;
Hasbro had zero product recalls in 2013 - and has had no recalls since 2008. -
Environmental Responsibility: The Company
implemented several product and packaging sustainability innovations
including the elimination of polyvinyl chloride (PVC) from
Hasbro toy and game packaging, replacing PVC with polyethylene terephthalate (PET);Hasbro derived 85 percent of its paper and paperboard packaging from recycled material or sources that practice sustainable forest management and is on track to achieve 90 percent by 2015; and the Company implemented a new product to packaging ratio of no more than 5 to 1 by volume, thereby ensuring that the Company prevents over packaging, and reduces waste. -
Ethical Sourcing: In 2013,
Hasbro developed a set of goals and key performance indicators to guide and measure its progress in improving working conditions among its third-party suppliers. - Human Rights: In 2013, the Company developed a Human Rights Policy that outlined Hasbro's commitment along with the human rights focus areas, implementation strategies, and governance structure.
-
Global Philanthropy: The Company
contributed
$14.5 million through product donations and financial contributions to organizations that benefit children in need, thereby positively impacting 3.5 million children worldwide; and engaged 75% of Hasbro's global workforce to volunteer in their communities during 2013.
Building on commitments made in 2008 and achieved in 2012,
-
Reducing waste to landfill at owned/operated facilities by 50 percent
from 2012 levels. This goal builds upon
Hasbro's 2008 commitment to reduce non-hazardous waste by 15 percent by 2012, which it surpassed, achieving a 40 percent reduction. - Reducing energy consumption at owned/operated facilities by 25 percent from 2012 levels. This builds upon the Company's 19 percent energy reduction through 2012 compared to 2008 baseline.
-
Reducing global Scope 1 and Scope 2 greenhouse gas (GHG) emissions
from owned/operated facilities by 20 percent from 2012 levels. In
2008,
Hasbro set a 10 percent global GHG emissions reduction goal to be achieved by 2012. The company exceeded its goal and achieved a 32 percent GHG reduction over its 2008 baseline. -
Reducing water consumption from owned/operated facilities by 15
percent from 2012 levels.
Hasbro achieved a 31 percent water consumption reduction, exceeding its initial commitment to reduce water use by 15 percent through 2012 compared to 2008 baseline.
Additionally,
"In addition to the tremendous progress that we have made in our key
focus areas, we established new strategies, policies, and goals to raise
the bar and continuously improve," said
The 2013 report can be found on: www.hasbro.com/csr
About
© 2014
HAS-CSR
Press Contact:
Alexia Taxiarchos, 401-727-5603
alexia.taxiarchos@hasbro.com
or
Investor
Contact:
debbie.hancock@hasbro.com
Source:
News Provided by Acquire Media