Hasbro Named No. 1 Toy and Children's Product Company in Climate Counts Scorecard for 2012-2013
Sustainable Packaging Initiatives, Greenhouse Gas Reductions Propel Hasbro to Top Spot for Fourth Consecutive Year
PAWTUCKET, R.I.--(BUSINESS WIRE)-- Global branded play leader Hasbro, Inc. (NAS: HAS) , has taken the top spot in the 2012-2013 Climate Counts Climate Scores rankings in the Toys and Children's Products sector for the fourth consecutive year. Hasbro also received high honors as the most improved company in the rankings, achieving a 21 point year-over-year gain as a result of the Company's work to improve sustainable packaging and reduce greenhouse gas emissions over the last year.
"We are honored to once again be recognized by Climate Counts for our efforts to lead the way to a sustainable and low-carbon future," said Brian Goldner, Hasbro President and CEO. "It's a great testament to our environmental progress and demonstrates our sustainability commitment to consumers."
The annual Climate Scores rankings recognize companies across 17 sectors for their efforts to stop climate change through initiatives that decrease carbon emissions and improve operational sustainability. The index ranks companies on a scale of zero to 100 for their practices to reduce global warming, based on current carbon footprint and milestones and strategies to reduce environmental impact.
Environmental sustainability, including a focus on reducing greenhouse gas emissions, is a core element of Hasbro's industry-leading Corporate Social Responsibility (CSR) program. Within the last year, Hasbro has met and exceeded its goal to reduce Scope 1 and Scope 2 emissions by 10 percent from a 2008 baseline, and has achieved a 20 percent reduction to date.
To learn more about Hasbro's CSR progress, please visit www.hasbro.com/csr.
Hasbro, Inc. (NAS: 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 at www.hasbro.com.
About Climate Counts
Climate Counts is a non-profit organization bringing consumers and companies together to address climate change. The Climate Counts Company Scorecard was developed with oversight from a panel of business and climate experts from leading non-governmental organizations and academic institutions. Since 2007, Climate Counts researchers have used the scorecard to rate the climate actions of nearly 150 companies (representing approximately 3,000 brands) in 16 industry sectors. Companies are given the opportunity to confirm or provide public data sources. Information on all scored companies is available at www.climatecounts.org.
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