|[December 03, 2012]
Hasbro Issues 2011 Corporate Social Responsibility Report Update
PAWTUCKET, R.I. --(Business Wire)--
Inc. (NASDAQ: HAS) is reporting additional progress on a wide range
of key CSR (News - Alert) initiatives, including a 10 percent year-on-year reduction in
Scope 1 and Scope 2 greenhouse gas (GHG) emissions, as detailed in the
Company's newly-released Corporate
Social Responsibility (CSR) 2011 Update. The report highlights CSR
progress and goals for the 2011 calendar year as a mid-cycle benchmark
to the Company's biannual CSR report. Hasbro is also reporting an
overall Scope 1 and Scope 2 GHG emissions reduction of 20 percent
against the Company's 2008 baseline, and highlighting its efforts to
begin extensively tracking supply chain and support service Scope 3
emissions. Scope 1 and Scope 2 emissions are related to manufacturing
emissions and electricity consumption.
"Hasbro remains committed to transparency in all aspects of corporate
social responsibility," said Brian Goldner, Hasbro's President and CEO.
"Tracking, reducing and reporting on our greenhouse gas emissions
throughout our supply chain is one important aspect of that commitment.
We remain highly focused on conducting business responsibly as we build
upon our momentum in CSR."
Hasbro is committed to continuous CSR improvement and leadership,
focusing on three key priorities: product
sustainability and manufacturing
ethics. The CSR 2011 Update highlights achievements from each of the
three key focus areas.
Hasbro had zero product recalls in 2011, a testament to the Company's
industry-leading quality assurance and safety processes.
Hasbro reduced water use by 12.5 percent in 2011 for a cumulative
reduction of 18.7 percent from a 2008 baseline, surpassing its goal of
15 percent water use reduction well before its 2012 year-end target.
Hasbro increased distribution and logistics efficiencies domestically
and internationally. The Company moved 96 percent of its domestic
product shipments via SmartWay carrier members, which are companies
that track fuel use for reporting efficiency of carbon emission
reductions. It also opened new distribution centers in Moscow and
Prague to reduce miles to customers.
Hasbro continues to require all third-party manufacturing partners in
China to adhere to the International Council of Toy Industries (ICTI)
CARE (Caring, Awareness, Responsible, Ethical) Process, and to carry
the ICTI Seal of Compliance.
In addition, Hasbro continued its investment in the community
through numerous philanthropic initiatives in 2011, including donating
more than 400,000 toys and games during the holidays, and 18,531 hours
of volunteer time by employees.
Hasbro will publish a full, GRI-based CSR report in 2013 to cover
progress and goals during calendar year 2012. To learn more about
Hasbro's CSR progress, please visit www.hasbro.com/csr.
About Hasbro, Inc.
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 one of
the "World's Most Ethical Companies" and is ranked as one of Corporate
Responsibility Magazine's "100 Best Corporate Citizens." Learn more
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