Wednesday, 16 March 2022 09:45

Hasbro Recognized as One of World’s Most Ethical Companies for the 11th Consecutive Year

Written by BUSINESS WIRE
Hasbro Recognized as One of World’s Most Ethical Companies for the 11th Consecutive Year HASBRO

Hasbro, a global play and entertainment company, has been named one of the 2022 World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This prestigious award recognizes companies for leadership in key ESG areas including business ethics and compliance, ethical sourcing and human rights, environmental sustainability, and social impact across global communities.

Hasbro has been recognized by Ethisphere for 11 consecutive years – and is one of only four honorees in the consumer products industry. In 2022, 136 honorees were recognized spanning 22 countries and 45 industries.

“As a global company with multi-generational brands that engage and delight consumers, we know we have a responsibility to act as a force for good,” said Chris Cocks, Chief Executive Officer at Hasbro. “This recognition from Ethisphere, for the 11th year running, underscores our continued commitment to operating with ethical, responsible and sustainable business practices, and we are honored to be included.”

Hasbro is focused on building on the company’s strong legacy in product and content safety, environmental sustainability, championing human rights and ethical sourcing, diversity, equity and inclusion, and giving back to the community. The company is making meaningful progress toward its ambitious sustainability targets, including transitioning all existing toys and games to recycled or renewable materials by 2033, and eliminating virtually all plastic from new product packaging by the end of 2022.

“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Hasbro for earning the World’s Most Ethical Companies designation.”

Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

Honorees
The full list of the 2022 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.