CSR at Hasbro
Conflict Minerals Policy
Hasbro Conflict Minerals Commitment and Policy Statement:
Hasbro is committed to sourcing products, components and materials (hereafter referred to as “products”) from third party vendors that share our values concerning human rights, ethics, and corporate social responsibility.
Hasbro condemns the ongoing violence and humanitarian crisis in the Democratic Republic of Congo (DRC) and adjoining countries, financed partly by the trade of minerals referred to as ‘conflict minerals’ (tin, tantalum, tungsten and gold).
These minerals can make their way into the supply chains of various products used by consumers and businesses around the world. As a publicly traded company and downstream user of products that could potentially contain conflict minerals, Hasbro is required to comply with U. S. Securities and Exchange commission (SEC) conflict minerals rule.
This policy is intended to reinforce Hasbro’s commitment to responsible sourcing and to inform our third party vendors of Hasbro’s requirement that Hasbro-branded products will be conflict free. Hasbro’s policy does not preclude our third party vendor from sourcing certified conflict-free minerals from the DRC and adjoining countries.
Any interested party can report concerns or possible violations of this policy confidentially through Hasbro’s conflict minerals email address ConflictMinerals@hasbro.com.
Hasbro requires all third party vendors who produce Hasbro products likely to contain conflict minerals (tin, tantalum, tungsten and gold) to comply with the following requirements:
- Hasbro requires its suppliers to respond to conflict minerals surveys and related inquiries from Hasbro in a timely and accurate manner. Hasbro conflict minerals surveys require suppliers to provide declarations about the source and origin of the conflict minerals in the products they supplied to Hasbro.
- Hasbro requires its third party vendors to report smelters. The conflict minerals survey from Hasbro will have the provision to provide a list of smelters where the conflict minerals contained in the products supplied to Hasbro were processed, if known.
- Hasbro requires its third party vendors to source from conflict free smelters in support of Hasbro’s conflict minerals goal.
- Both the Conflict Free Sourcing Program (CFSP) and the London Bullion Market Association (LBMA) publish lists of acceptable smelters. Hasbro requires a vendor to select a smelter from one of these two lists.
- If a third party vendor is not sourcing from Conflict Free smelters, designated as conflict free by a third party auditor such as the Conflict Free Sourcing Initiative (Conflict Free Sourcing Program), London Bullion Market Association, or any other recognized equivalent, the supplier must immediately begin working with CFSI or LBMA to transition to, or validate, that Conflict Free Smelter(s) is/are the sole source of conflict minerals.
Hasbro reserves the right to require additional documentation to verify the conflict minerals used and source of the conflict minerals contained in the products supplied to Hasbro.