CSR at Hasbro
Advancing our human rights practices is a journey of continuous improvement. We are committed to working with our vendors to meet or exceed applicable laws and regulations everywhere Hasbro does business. We also require factories to go beyond legal requirements to be in alignment with our Global Business Ethics Principles and our ethical sourcing program.
We are committed to monitoring, assessing, and investigating risks or allegations in our supply chain to prevent or, if found, remediate any violations. To ensure success, we will train and communicate with stakeholders, including employees, vendors, and licensees regarding our commitments and expectations. Each year, we screen our suppliers against a range of criteria including on the environment, labor practices, and human rights. We target these efforts on suppliers in China, screening 100 percent of third-party factories annually. As our supply chain expands geographically, we will expand our screening efforts accordingly.
Human Rights Governance
Human rights are a priority for us and are managed accordingly. Oversight for our Human Rights Policy lies with the Nominating, Governance, and Social Responsibility Committee of the Board of Directors and Hasbro’s executive Corporate Social Responsibility (CSR) Committee. Our CSR team also works closely with functional teams across the company to review and update the policy, as needed. Our human resources, legal, CSR, and quality assurance teams monitor and address human rights complaints, whether from a direct employee or a worker in a third-party factory.
It is important to Hasbro that employees and workers have channels to report and address human rights concerns. For example, Hasbro’s global ethics helpline and two confidential mailboxes provide channels for employees to report issues anonymously and without fear of retaliation.
Employees who fail to comply with Hasbro’s Code of Conduct can face disciplinary action, including termination. We will discontinue business with business partners or third-party factories that are unwilling or unable to comply with our Global Business Ethics Principles. See here for more information about our Code of Conduct.