Treating people with dignity and respect and operating ethically are core values at Hasbro. We demonstrate these deep beliefs in the way we treat our employees and in the expectations and requirements we have of those with whom we do business.
At Hasbro, we believe all people are entitled to fundamental rights and freedoms. We regard safety, well-being and dignity — of our employees, the workers in our supply chain and children everywhere — as deeply held obligations.
Working with partners and suppliers around the world on human rights and ethical sourcing issues is complex, but we remain vigilant in our commitment to ensure everyone in our supply chain is treated in accordance with the law and our rigorous ethical requirements. Specifically, we work with our third-party factories, licensees and stakeholders to address social compliance and help ensure our products are manufactured in working conditions that are fair, safe and legal for workers and that support local communities.
We assessed and mapped human rights risks and opportunities across our company, which ultimately led us to focus on three primary constituencies: employees, supply chain workers and children. Each of these groups is essential to Hasbro’s success and we developed specific actions to meet their needs.
We ensure that Hasbro employees and workers have channels to report and address human rights concerns. Our global ethics helplines and multiple confidential mailboxes allow employees to report issues anonymously and without fear of retaliation. For third-party factory workers, we are exploring best practices to further strengthen the anonymous grievance mechanism accessible through our social compliance program.
At Hasbro, we believe all people are entitled to fundamental rights and freedoms. We regard safety, well-being and dignity — of our employees, the workers in our supply chain and children everywhere — as deeply held obligations.
Working with partners and suppliers around the world on human rights and ethical sourcing issues is complex, but we remain vigilant in our commitment to ensure everyone in our supply chain is treated in accordance with the law and our rigorous ethical requirements. Specifically, we work with our third-party factories, licensees and stakeholders to address social compliance and help ensure our products are manufactured in working conditions that are fair, safe and legal for workers and that support local communities.
Ensuring social compliance in our supply chain around the world is a continuous process that requires careful monitoring. At Hasbro, our process for ensuring compliance within our factory base includes prequalification, monitoring, oversight, transparency, capacity building, and partnerships.
In 2019, Hasbro launched its Ethical Sourcing Factory Rating System. This tool organizes, tracks and categorizes factory performance in a simple, color-coded snapshot format. The tool helps our vendors understand and track their performance and is tied to follow-up audit timelines. It also strengthens Hasbro’s overall vendor scorecards by integrating social compliance as a key performance indicator.
Please see below for our annual Top 10 Critical Audit Findings and Corrective Action rate.
Our Ethical Sourcing program is designed to support our current and expanding sourcing model. We engage directly with Hasbro third-party vendors and licensees to drive social and environmental compliance and require them to do the same within their supply chains, including auditing and monitoring of subcontractors.
For a full list of Hasbro vendors and third-party factories, see our 2021 list.
In 2016, Hasbro expanded its ethical sourcing commitment and collaborations beyond our industry and became the first toy and game company to join the Responsible Business Alliance. Responsible Business Alliance (RBA) is a nonprofit group of leading companies from the retail, automobile, electronics, and other sectors working together to improve efficiency and social, ethical and environmental performance in the global supply chain. We require 100 percent of our global supply chain to undergo annual RBA social compliance audits. Our 100 percent annual requirement is best-in-class and goes well beyond the RBA requirement that 50 percent of high-risk factories be audited.
Ethical sourcing includes efforts to ensure that specific minerals (tin, tantalum, tungsten and gold, or “3TG”) come from conflict-free sources, as profits from mining these minerals in certain locations in the Democratic Republic of Congo (DRC) and in designated surrounding countries (the “Covered Countries”) are used to finance the ongoing violence and humanitarian crisis in that region.
Each year, Hasbro files a conflict minerals disclosure form as required by the U.S. Securities and Exchange Commission. We also conduct a Reasonable Country of Origin Inquiry (RCOI) to determine if necessary 3TG minerals were sourced from the Covered Countries. All contract manufacturers of products believed to contain 3TG were surveyed about the source of these minerals.
The results of our due diligence on the 3TG used in our in-scope products are noted here:
See our full Conflict Minerals Report for 2021.
Read our latest Corporate Social Responsibility Report for more information about Hasbro’s commitment to human rights and ethical sourcing.
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