Governance and Ethics
CSR Governance
In 2010, Hasbro established a formal corporate social responsibility (CSR) practice led by the Vice President of Corporate Responsibility and Government Affairs. This team leads and integrates strategic CSR initiatives across our global company and supports operational units responsible for achieving related goals.
In addition, three high level groups organize and oversee our CSR efforts:
In 2002, Hasbro’s leadership demonstrated its commitment to corporate responsibility by elevating CSR issues to the Board committee-level. We believe we were the first public company in the toy industry to do so. The Committee is briefed by senior management on CSR initiatives and progress as necessary throughout the year, and the Board is briefed annually.
Our Chief Executive Officer (CEO) chairs an executive committee that sets strategic direction for CSR policies and initiatives, and ensures their integration throughout the entire corporation. Our Chief Development Officer, a CSR Committee member, oversees climate change issues related to Hasbro owned and third party factories.
The CSR Working Group, led by the Vice President of Corporate Responsibility and Government Affairs, is responsible for the timely and effective implementation of CSR strategies and decisions. A sub-group to the CSR Committee, its members represent key corporate functions as well as the functional leaders for the three core CSR priority areas.