Wizards of the Coast parent company, Hasbro, was recognized Monday by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.
“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere chief executive officer, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Hasbro for earning a place in the World’s Most Ethical Companies community.”
Hasbro has been honored for the last 12 years and is one of only five honorees in the Consumer Products industry. In 2023, 135 honorees were recognized spanning 19 countries and 48 industries.
“As a company bringing play and joy to generations of fans around the world, we are committed to operating our business responsibly and ethically,” said Chris Cocks, Hasbro chief executive officer. “We are honored to be named a World’s Most Ethical Company for the 12th straight year.”
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 that support a strong value chain. The assessment also covers key ESG areas including corporate governance and Board accountability, human rights and ethical sourcing, environmental sustainability, and social impact across global communities. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.