Award recognizes exceptional ethical leadership across continents
and industries
PAWTUCKET, R.I.--(BUSINESS WIRE)--
Global branded play leader Hasbro,
Inc. (NASDAQ: HAS), has been recognized as one of The Ethisphere
Institute's "World's Most Ethical Companies" (WME) for the second year
in a row. Ethisphere received a record number of nominations for the
2013 WME list. Companies included on the 2013 list have distinguished
themselves by implementing and maintaining an "outstanding commitment to
ethical leadership, compliance practices, and corporate social
responsibility."
"At Hasbro, we reaffirm our commitment to conducting business
responsibly each and every day through the decisions we make and the
actions we take for our company, for our consumers and for our world,"
said Hasbro CEO Brian Goldner. "We are honored to be recognized as one
of the world's most ethical companies, which serves a testament to our
corporate values and the ethical leadership demonstrated by our
employees around the world."
Most recently, Hasbro's commitment to responsible business practices can
be seen through the company's ongoing efforts in sustainable packaging
innovation. In 2012, Hasbro announced plans to reduce materials used in
product packaging for many of its highly popular global brands and,
beginning in 2013, Hasbro will phase out PVC in new toy and game product
packaging. Over the next two years, retailers and consumers will begin
to see an even broader range of packaging efficiencies put in place
across Hasbro's brand portfolio, including redesigned disposable boxes
and blister packs that use less material.
"Hasbro strives to set the bar for ethics and sustainability within our
industry with a commitment to playing fair, making safe products, and
making responsible choices across our business," said Kathrin Belliveau,
Vice President, Corporate Responsibility.
This is the seventh year Ethisphere has published the WME rankings.
Ethisphere reviewed companies in more than 100 countries and 36
industries and evaluated a record number of applications through
in-depth research and multi-step analysis, naming the companies that
surpassed their industry peers to this year's World's Most Ethical
Companies list. The ranking methodology includes reviewing codes of
ethics, litigation and regulatory infraction histories; evaluating the
investment in innovation and sustainable business practices; looking at
activities designed to improve corporate citizenship; and studying
nominations from senior executives, industry peers, suppliers and
customers.
"Not only did more companies apply for the World's Most Ethical
Companies recognition this year than any year in the past, which
demonstrates that ethical activity is an important part of many of these
companies' business models, but we are also seeing more companies be
proactive and create new initiatives that expand ethics programs and
cultures across entire industries, such as industry-based ethics
associations and other activities," said Alex Brigham, Executive
Director of Ethisphere. "We are excited to see the 2013 World's Most
Ethical Companies take these leadership positions, and embrace the
correlation between ethical behavior and improved financial performance."
Read about the methodology and view the complete list of the 2013
World's Most Ethical Companies at http://ethisphere.com/wme/.
About Hasbro
Hasbro,
Inc. (NASDAQ: HAS) is a branded play company dedicated to
fulfilling the fundamental need for play for children and families
through creative expression of the Company's world class brand
portfolio, including TRANSFORMERS, MONOPOLY, PLAY-DOH, MY LITTLE PONY,
MAGIC: THE GATHERING, NERF, LITTLEST PET SHOP and G.I. JOE. From toys
and games, to television programming, motion pictures, digital gaming
and a comprehensive licensing program, Hasbro strives to delight its
global customers with innovative play and entertainment experiences, in
a variety of forms and formats, anytime and anywhere. The Company's
Hasbro Studios develops and produces television programming for more
than 170 markets around the world, and for the U.S. on The Hub TV
Network, part of a multi-platform joint venture between Hasbro and
Discovery Communications (NASDAQ: DISCA, DISCB, DISCK). 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 one of the "World's Most Ethical Companies" and is ranked
as one of Corporate Responsibility Magazine's "100 Best Corporate
Citizens." Learn more at www.hasbro.com
© 2013 Hasbro, Inc. All Rights Reserved.
About Ethisphere Institute:
The research-based Ethisphere® Institute is a leading
international think-tank dedicated to the creation, advancement and
sharing of best practices in business ethics, corporate social
responsibility, anti-corruption and sustainability. Ethisphere Magazine,
which publishes the globally recognized World's Most Ethical Companies
Ranking™, is the quarterly publication of the Institute. Ethisphere
provides the only third-party verifications of compliance programs and
ethical cultures that include: Ethics Inside® Certification,
Compliance Leader Verification™ and Anti-Corruption Program
Verification. More information on the Ethisphere Institute, including
ranking projects and membership, can be found at http://www.ethisphere.com.
HAS-PR
Hasbro, Inc.
News Media
Wayne Charness, 401-727-5983
or
Investor
Relations
Debbie Hancock, 401-727-5401
Source: Hasbro, Inc.
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