As a global company that produces millions of products every year, we recognize that our business has an impact on the environment. Our commitment to environmental sustainability has led us to evaluate and reconsider every element of our business – from product and packaging design to manufacturing, logistics, and operations – in search of opportunities to continuously improve. As we improve our environmental practices, our company grows stronger overall – through more efficient processes, lower operating costs, and a greater focus on innovation across our brands.
At Hasbro, we focus the bulk of our environmental sustainability efforts in two complementary areas: minimizing the environmental footprint of our operations and supply chain, and reducing the environmental impacts of our products and packaging. We also engage our employees, consumers and communities to promote a culture of environmental responsibility. Our efforts are guided by a robust set of goals and key performance indicators (KPIs). For example, we continually look to introduce new business processes and design practices that reduce the natural resources we use and the waste we generate.
Hasbro is especially proud to be an industry leader in curbing greenhouse gas (GHG) emissions. We are open about our efforts and have been formally reporting environmental performance since 2001 when we first committed to reduce our greenhouse gas (GHG) emissions.
We met our initial goal in 2007 and, the following year, set an even higher target for 2012: reducing Scope 1 and 2 global GHG emissions1 by 10 percent compared with 2008 levels1. We surpassed this target two years ahead of schedule and achieved a 32 percent reduction by the end of 2012. Since then, we have continued to set and achieve ambitious targets to improve the environmental performance of our global operations and products, including for water and waste. Our progress, and Hasbro’s latest, 2020 sustainability goals are shown below. For further information on our environmental performance, please see our 2015 CSR Report Update.
Charting Our Progress and Path Forward1
Achieved 90 percent.
In 2015, Hasbro sold its two owned and operated manufacturing facilities which significantly reduced our operational footprint and affected our progress in meeting some of our 2020 environmental goals. To address this, we will create new goals in 2016 and restate our baseline to continue building upon our longstanding commitment to reducing the environmental footprint of our global operations.
For more information about the sale, see Hasbro’s 2015 Annual Report.
Managing Environmental Performance
At Hasbro, environmental sustainability is a top priority, managed at the highest level.
Our CSR Committee, chaired by the CEO and comprised of senior management team members, oversees all policies and initiatives related to CSR, including environmental sustainability. Our Chief Development Officer oversees climate change and environmental sustainability related issues across our global operations, including supply chain, and for our products and packaging. Hasbro’s Senior Vice President of Global Government Affairs and Corporate Social Responsibility is responsible for implementing environmental sustainability goals and initiatives throughout the company and supply chain. In addition to these leadership positions, in 2016, we launched Hasbro’s Sustainability Center of Excellence marking the next phase of our sustainability journey to drive our environmental blueprint across our global organization with a focus on uniting our facilities and teams around the world to advance our environmental commitments.
The Sustainability Center of Excellence is focused on three important pillars:
- Design for the Environment – making our product and packaging materials and design more sustainable for consumers and the planet.
- Sustainable Supply Chain – partnering with our vendors to source and distribute Hasbro products in an environmentally conscious way.
- Hasbro Facilities & Culture – greening our facilities and cultivating an eco-minded culture around the world.
- Sustainability targets are based on absolute performance numbers.