News & Information
Hasbro, Inc. Releases Annual Renewable Energy Performance Statement
Hasbro further advances its commitment to sustainability and renewable energy and sets 100 percent renewable energy and carbon neutrality goal across its owned and operated global operations. Hasbro purchased 25,699 megawatt-hours (MWh) of renewable energy certificates (RECs) to address 99.6 percent1 of its 2016 global electricity consumption. Additionally, the company purchased carbon offsets in 2016 to address its global carbon footprint. Cumulatively, this reduction in Hasbro’s carbon footprint is similar to growing 766,411 trees per year for 10 years or not using 69,513 barrels of oil.
RECs are “currency” of the renewable energy market, representing all of the environmental and social attributes of renewable energy generation. Hasbro purchased RECs and carbon offsets from 3Degrees, the nation’s leading provider of comprehensive clean energy services that enable organizations and individuals to transition towards a low-carbon economy.
The renewable energy certificates are from a mix of renewable resources including wind, solar, biomass, landfill gas, or hydroelectric sources and were independently verified and certified by the appropriate international standards agencies, including Green-e Energy National Standard, European Energy Certificate System, the I-REC Standard and the Climate Action Reserve.
To learn more about Hasbro's CSR efforts, please visit www.hasbro.com/csr.
To read Hasbro’s CDP report, please visit csr.hasbro.com/news/reports