Every year CR Magazine produces a list of their top "100 Best Corporate Citizens" which recognises companies for their increasing transparency regarding the Company's Corporate Social Responsibility (CSR) efforts, including product safety, environmental sustainability and manufacturing ethics as well as philanthropy. Hasbro were placed 7th in this years list with other notable companies include AT&T, Gap, Inc., Campbell Soup Co. and Intel.
"We are proud to be honored for the second consecutive year for our leadership and advancements in corporate social responsibility, including environmental sustainability, manufacturing ethics, philanthropy, and governance," said Brian Goldner, Hasbro's President and CEO. "This recognition is a testament to the dedication of our employees around the world, and the strides we’re making in helping to build a safe and sustainable world for future generations.”
This is the 2nd such award Hasbro have received this year as in March Hasbro was recognised as one of the "2013 World's Most Ethical Companies" by the Ethisphere Institute, a leading global business ethics think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.
Highlights of Hasbro's CSR efforts include:
- Reduced packaging: In 2012, Hasbro began to reduce the amount of material used in packaging for products in its brand portfolio. This builds upon Hasbro's ongoing sustainable packaging commitment.
- Phase-out of PVC in packaging: Hasbro has already phased out polyvinyl chloride (PVC) from new product packaging, and will continue to reduce PVC in all packaging until completely eliminated.
- Using Materials Responsibly: Hasbro’s owned and operated North American factory which makes many of the company’s board games and puzzles uses vegetable-based printing inks and aqueous coatings in its printing processes for game and puzzle components, boxes and instructions. Additionally, this factory retains green certification for its printing processes by the nonprofit Sustainable Green Printing Partnership (SGP).
- Product safety: Continuing the company's outstanding product safety record, all Hasbro products meet or exceed federal and international safety standards and regulation, and Hasbro has not experienced a product recall in recent years.
- Philanthropy: In 2012, more than three million children were impacted by Hasbro’s philanthropic programs worldwide which focus on empowering childhood through hope, play and service. Hasbro employees also volunteered just over 20,000 hours of their time and talents to make a difference for children in their local communities.