ESG and Impact At Hasbro
Our Purpose is to create joy and community for all people around the world, one game, one toy, one story at a time. ESG at Hasbro is the framework for translating our Purpose into action - getting from “why” we exist to “how” we deliver sustainable long-term value for our business.
ESG Reporting
We believe consistent ESG performance and transparent reporting builds trust with our stakeholders and contributes to the sustainable growth of our company. We report our ESG progress in the following areas:
We believe consistent ESG performance and transparent reporting builds trust with our stakeholders and contributes to the sustainable growth of our company. We report in alignment with the Global Reporting Initiative (GRI) 2021 Standards and the Sustainability Accounting Standards Board (SASB) sector standards of Toys and Sporting Goods and Media and Entertainment. We are in the process of aligning our current ESG reporting with the International Sustainability Standards Board (ISSB) and are on track to report in accordance with ISSB in our next reporting cycle. Foundational to this work is preparing our climate risk disclosures in accordance with IFRS S2, a specific set of ISSB requirements that incorporate core elements of TCFD (Task Force on Climate-Related Financial Disclosures). Additionally, Hasbro is preparing to report in alignment with the Corporate Sustainability Reporting Directive (CSRD) in 2026
You can read our ESG reports here.
ESG Governance
ESG governance starts with our Board of Directors with specific oversight by our Nominating, Governance and Social Responsibility Committee of the Board (Governance Committee). ESG topics, such as climate and environment, human rights and Diversity, Equity and Inclusion, are regular agenda items at Governance Committee meetings. The Governance Committee analyzes these issues and makes recommendations to the full Board. In addition, the Audit Committee of our Board oversees the Securities and Exchange Commission and public disclosures in specific areas like conflict minerals, climate and sustainability, and enterprise risk. Through our Compensation Committee, the Board considers ESG performance and priorities when determining performance and compensation for our senior executives. The full Board receives regular updates regarding our ESG progress. In addition to Board-level governance, our CEO and the Executive Leadership Team (ELT) regularly review our ESG performance, progress and opportunities. Our ESG Committee, comprised of our ELT and members of our global corporate sustainability team, meets several times a year to ensure rigorous management oversight of the Company’s ESG strategy, impact and performance. The ESG Committee sets the direction for our global ESG strategy and ensures the integration of ESG throughout the organization and supply chain.
© 2024 Hasbro. All rights reserved. All audio, visual and textual content on this site (including all names, characters, images, trademarks and logos) are protected by trademarks, copyrights and other Intellectual Property rights owned by Hasbro or its subsidiaries, licensors, licensees, suppliers and accounts.