PAWTUCKET – Hasbro ranked 23rd on CR Magazine’s list of the “100 Best Corporate Citizens” of 2012, the company announced late Tuesday.
The toy company was recognized for increasing transparency regarding its corporate social responsibility efforts such as product safety, environmental sustainability and manufacturing ethics.
“We are honored to be recognized for our leadership in corporate social responsibility,” Brian Goldner, Hasbro’s president and CEO said in a prepared statement.
“This is a testament to our corporate values and employee commitment across our global organization in making a positive impact on people and communities around the world. Integrity and responsibility are central to how Hasbro operates,” he continued.
In early April, Hasbro announced plans to reduce the amount of disposable packaging for its products and in December it announced plans to phase out polyvinyl chloride packaging, both by early 2013.
The Pawtucket-based toy maker also publicized plans to make 90 percent of paper packaging and in-box game content from recycled material – or sources that practice sustainable forest management – by 2015.
“Hasbro has a long history of industry leadership in product safety, environmental sustainability and manufacturing ethics, and we are increasing transparency and stakeholder engagement around those important issues,” Kathrin Belliveau, Hasbro’s vice president of corporate responsibility said in prepared remarks.
“Our commitment to doing the right thing for the people we serve and those making our products, as well as helping to protect our global resources is at the heart of our CSR efforts,” she added.
To view the full list of Corporate Citizens rankings, visit www.thecro.com.