ReportAlert.info - Hasbro (NYSE:HAS) Publishes 2010 Corporate Social Responsibility (CSR) Report
The report announces that the company will eliminate polyvinyl chloride (PVC) from all new core toy and game packaging, beginning in 2013.
Hasbro Announces Commitment to Eliminate PVC from Core Product Packaging in the Company’s First Corporate Social Responsibility Report
(3BL Media / theCSRfeed) PAWTUCKET, RI – December 8, 2011 – Hasbro, Inc. (NASDAQ: HAS) – announced today in its 2010 Corporate Social Responsibility (CSR) Report that it will eliminate polyvinyl chloride (PVC) from all new core toy and game packaging, beginning in 2013.
Phasing out PVC in packaging is the most recent effort in a long series of sustainable packaging initiatives by Hasbro, all of which are designed to minimize the impact on natural resources:
• Elimination of Wire Ties: In 2010, Hasbro replaced all wire ties in its packages with ties made from paper rattan or bamboo mix to reduce environmental impact.
• Increase in Recycled Content: In 2010, Hasbro set a goal to derive at least 75 percent of paper and board packaging from recycled material, or from sources that practice sustainable forest management, by 2011. By 2015, Hasbro plans to increase that goal to 90 percent.
• New Sourcing of Paper: Hasbro outlined an aggressive paper sourcing policy in 2011, providing guidelines for suppliers regarding sustainable paper sourcing to help ensure that paper used in Hasbro products aligns with the company’s commitment to environmental sustainability.
Additionally, Hasbro’s commitment to continuous improvement in CSR focuses on three key priorities: product safety, manufacturing ethics, and environmental sustainability. Accomplishments outlined in the company’s 2010 CSR Report include:
• Reducing the company’s global greenhouse gas emissions by more than 11 percent from a 2008 baseline, using Greenhouse Gas Protocol guidelines
• Issuing zero product recalls
• Producing zero waste in U.S. manufacturing processes
• Increasing transparency in its supply chain by disclosing International Council of Toy Industries (ICTI) Seal of Compliance data and sharing a list of core third party vendors and factories
To read Hasbro’s 2010 CSR Report, please visit www.hasbro.com/csr.
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