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Hasbro issues CSR report update for 2011

BLOOMBERG FILE PHOTO/ MICHAEL SPRINGER
HASBRO INC. has released a 2011 corporate social responsibility report update.
Posted 12/4/12

PAWTUCKET – Local toy and game maker Hasbro Inc. has made progress on a variety of corporate social responsibility initiatives, including a reduction in greenhouse gas emissions and reduced water use, according to the company’s 2011 CSR report update.

The report highlighted Hasbro’s CSR progress and goals for the 2011 calendar year as a mid-cycle benchmark to the company’s biannual report.

Hasbro reported an overall Scope 1 and Scope 2 reduction of greenhouse gas emissions of 20 percent against 2008 baseline data. Scope 1 and Scope 2 emissions are related to manufacturing emissions and electricity consumption.

According to a release, the company’s report highlighted its efforts to begin tracking supply chain and support service Scope 3 emissions.

“Hasbro remains committed to transparency in all aspects of corporate social responsibility,” Brian Goldner, Hasbro’s president and CEO, said in a statement. “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.”

The company said that it is committed to continuous CSR improvement and leadership, specifically in product safety, environmental sustainability and manufacturing ethics.

Hasbro had zero product recalls in 2011, “a testament to the company’s industry-leading quality assurance and safety processes,” said the release.

In 2011, Hasbro reduced water use by 12.5 percent, a cumulative reduction of 18.7 percent from a 2008 baseline. The cumulative reduction surpassed the company’s goal of achieving 15 percent water use reduction before the end of 2012.

The company also increased distribution and logistics efficiencies both domestically and internationally, according to the release.

In 2011, Hasbro 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.

The company also opened new distribution centers in Moscow and Prague in order to reduce miles to customers and said it requires all third-party manufacturing partners in China to adhere to the International Council of Toy Industries CARE (Caring, Awareness, Responsible, Ethical) process.

“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,” said the report.

Hasbro will publish a full CSR report in 2013 to cover progress and goals during the 2012 calendar year.

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