CSR at Hasbro

Human Rights Policy

Human Rights Commitment and Policy Statement

Human rights are fundamental rights and freedoms that all people are entitled to without regard to race, color, religion, language, pregnancy, ancestry, age, gender, national origin, sexual orientation, gender identity, gender expression, mental or physical disability, genetic information, marital or veteran status. These standards of fair treatment and non-discrimination are set forth in the Universal Declaration of Human Rights (UDHR), the International Labour Organizations (ILO) Declaration on Fundamental Principles and Rights at Work, and the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises.

While it is generally recognized that governments have the duty to protect and uphold human rights, Hasbro is committed to respecting and promoting human rights. Through proactive due diligence, we seek to prevent or mitigate adverse human rights impacts from our own operations. Where we are directly linked to human rights impacts through our business relationships, we will seek ways to positively influence the human rights actions of our business partners, including our suppliers.

Core Focus Areas

We conducted a corporate wide assessment and mapping of our human rights risks and opportunities. The following constitute our primary focus areas and implementation mechanisms:

  1. Employees: We recognize that Hasbro employees are our greatest asset and we are committed to upholding the rights of all employees, including women and minorities, because we recognize our business is most successful when employees are treated with dignity and respect. We implement our human rights commitment through our Guide to Corporate Conduct, our human resources policies, and our Environment, Health and Safety Policy. Additionally, Hasbro employees are responsible for upholding the company’s commitment to human rights across our business operations. We foster compliance with these policies through thorough training for all employees.
  2. Supply Chain Workers: We believe that working with supply chain partners that share in our human rights commitment is critical to the success of our business operations and brand integrity. We require our suppliers and licensees to provide fair, safe and legal working conditions for all workers, especially women, and to treat their employees with dignity and respect. We implement our human rights commitment in our supply chain through our Global Business Ethics Principles and through our ethical sourcing program, which prohibit all forms of forced labor, including human trafficking and modern slavery.
  3. Children: We believe that the well-being of children globally is inextricably linked to the success of our company. Our commitment to respecting the human rights of children is implemented in the following areas.
    • Product Safety: Understanding our responsibility to respect human rights extends to our products, we implement our human rights commitment to children through our deep and long-standing commitment to product safety. To ensure the safety of children who play with our products, we have rigorous quality assurance and product safety standards and processes.
    • Community: Our human rights commitment to children's rights and well-being are implemented, in part, through our community investments to support children-based initiatives.
    • Conflict Minerals: Our human rights commitment to children is implemented through our compliance with the applicable conflict minerals regulations including those of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Implementation

Hasbro is committed to:

  • Meeting or exceeding applicable laws and regulations where Hasbro does business and applying international standards where laws are less stringent
  • Where local laws are in conflict with international human rights standards, we comply with applicable laws while seeking ways to meet the underlying human rights principles
  • Monitoring and assessing risks to avoid actual and potential human rights violations in our operations and supply chain
  • Training and regular communication with employees, vendors, and licensees regarding our human rights commitments
  • Providing access to independent and confidential grievance mechanisms without fear of retaliation
  • Investigating allegations of human rights violations and remediating any violations that are identified
  • Engaging with stakeholders regarding human rights, including governments, non-governmental organizations, business and industry partners, investors, employees, and consumers
  • Supporting children in need through a variety of community investments
  • Advancing our human rights practices through a journey of continuous improvement
  • Reporting on our progress through our corporate social responsibility website

Governance

Oversight for this human rights policy resides with the Nominating, Governance and Social Responsibility Committee of the Hasbro, Inc. Board of Directors, as well as with Hasbro’s executive Corporate Social Responsibility Committee. In addition, the Corporate Social Responsibility practice regularly reviews and updates the policy in close collaboration with the functional teams.

Reporting and Addressing Concerns

Hasbro has various channels to report and address human rights concerns.

  • Employees can report ethics concerns anonymously and without fear of retaliation through Hasbro’s global ethics helpline and two confidential mailboxes
  • Workers in our third-party factories can report concerns through our ethical sourcing partner helplines
  • Consumers and the public can contact Hasbro through our Consumer Affairs Department communication channels
  • Internal and external stakeholders can also contact Hasbro through the Corporate Social Responsibility mailbox

Non-compliance with Hasbro's Code of Conduct may result in disciplinary action up to and including termination of employment. Additionally, non-compliance with Hasbro’s Global Business Ethics Principles may result in termination of business if a third-party factory is unwilling or unable to remediate.

Policy Development

The development of our policy was informed by direct and indirect stakeholder input, including feedback and/or information from our supply chain, monitoring organizations, industry leaders, governmental and non-governmental organizations, and investors. This policy is intended to be a living document that will be evaluated and revised as circumstances change and as our business evolves.