Recognition honors those who operate with purpose and integrity
Company Website:
http://www.hasbro.com
PAWTUCKET, R.I. -- (Business Wire)
Hasbro, Inc. (NASDAQ:HAS) has been recognized by the Ethisphere
Institute, a global leader in defining and advancing the standards of
ethical business practices, as one of the 2018
World’s Most Ethical Companies. Hasbro has been recognized for the
seventh consecutive year and is one of only two companies on the list
from the Consumer Products sector.
“We take great pride in being recognized as one of the World’s Most
Ethical Companies,” said Brian Goldner, Chairman and CEO, Hasbro, Inc.
“We are deeply committed to conducting our business responsibly,
communicating openly and acting with integrity. We measure success not
only by our results, but also how we achieve those results.”
In 2018, 135 honorees were recognized, spanning 23 countries and 57
industries. The twelfth class of honorees had record levels of
involvement with their stakeholders and their communities around the
world. Measuring and improving culture, leading authentically and
committing to transparency, diversity and inclusion were all priorities
for honorees.
“We see Hasbro as one of a select group of companies that have infused
corporate responsibility into all aspects of their business,” said
Ethisphere’s CEO Timothy Erblich. “Hasbro’s culture of honesty and
integrity, along with its strict commitment to governance and
transparency, is a differentiator for the Company. Congratulations to
everyone at Hasbro for being, once again, among the World's Most Ethical
Companies.”
Ethics & Performance
Once again, the 2018 World’s Most Ethical Companies have proven that
operating with integrity leads to greater financial performance.
Research has found that, when indexed, listed World’s Most Ethical
Companies outperformed the U.S. Large Cap Index over five years by 10.72
percent and over three years by 4.88 percent. Ethisphere refers to this
as the Ethics Premium.
Methodology & Scoring
The World's Most Ethical Companies assessment is based upon the
Ethisphere Institute’s Ethics
Quotient® (EQ) framework, which offers a quantitative way
to assess a company’s performance in an objective, consistent and
standardized manner. The information collected provides a comprehensive
sampling of definitive criteria of core competencies rather than all
aspects of corporate governance, risk, sustainability, compliance and
ethics.
Scores are generated in five key categories: ethics and compliance
program (35 percent), corporate citizenship and responsibility (20
percent), culture of ethics (20 percent), governance (15 percent) and
leadership, innovation and reputation (10 percent). All companies that
participate in the assessment process receive their scores, providing
them with valuable insights into how they stack up against leading
organizations.
Honorees
The full list of the 2018 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
In addition to this recognition from the Ethisphere Institute, Hasbro
was ranked No. 1 on the 100 Best Corporate Citizens list for 2017 by CR
Magazine, and Brian Goldner was honored as a 2018
Top Thought Leader in Trust by the non-profit organization, Trust
Across America, for his commitment to enhancing and encouraging
trustworthy business behavior. Hasbro earned the No. 4 spot on the Trust
Across America’s 2017
Most Trustworthy Public Companies list.
To learn more about Corporate Social Responsibility (CSR) at Hasbro,
visit www.hasbro.com/csr
and read our CSR Report, Playing
with Purpose.
About Hasbro
Hasbro (NASDAQ: HAS) is a global play and entertainment company
committed to Creating the World's Best Play Experiences. From
toys and games to television, movies, digital gaming and consumer
products, Hasbro offers a variety of ways for audiences to experience
its iconic brands, including NERF, MY LITTLE PONY, TRANSFORMERS,
PLAY-DOH, MONOPOLY, LITTLEST PET SHOP and MAGIC: THE GATHERING, as well
as premier partner brands. Through Hasbro Studios and its film labels,
Allspark Pictures and Allspark Animation, the Company is building its
brands globally through great storytelling and content on all screens.
Hasbro is committed to making the world a better place for children and
their families through corporate social responsibility and philanthropy.
Hasbro ranked No. 1 on the 2017 100 Best Corporate Citizens list by CR
Magazine, and has been named one of the World’s Most Ethical
Companies® by Ethisphere Institute for the past six
years. Learn more at www.hasbro.com,
and follow us on Twitter (@Hasbro & @HasbroNews)
and Instagram (@Hasbro).
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing
the standards of ethical business practices that fuel corporate
character, marketplace trust and business success. Ethisphere has deep
expertise in measuring and defining core ethics standards using
data-driven insights that help companies enhance corporate character and
measure and improve culture. Ethisphere honors superior achievement
through its World’s Most Ethical Companies recognition program and
provides a community of industry experts with the Business Ethics
Leadership Alliance (BELA). More information about Ethisphere can be
found at: https://ethisphere.com.
HAS-CSR
HAS-C
© 2018 Hasbro, Inc. All Rights Reserved.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180212005474/en/
Contacts:
Press:
Hasbro, Inc.
Katy Hendrickson, 401-727-5603
Katy.Hendrickson@Hasbro.com
Source: Hasbro, Inc.
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