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Hasbro

OVERALL

Owned
USA
Rating
Praises, some criticism

Toys and board games

World's #2 toymaker (after Mattel). Most manufacturing is outsourced to China.

Hasbro Inc   USA     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Hasbro Inc
Environment CDP Forests Score of B-
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of B-.
Source: CDP (2022)
Social 66.2% in conflict minerals rankings
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 66.2% (Good).
Source: As You Sow (2019)
Social 100% on Corporate Equality Index
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
Business Ethics 64.4/125 at JUST Capital
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 113th of 951 companies, and 1st of 18 Household & Leisure Goods companies.
Source: JUST Capital (2023)
Business Ethics 75.9/100 in Newsweek rankings
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 75.9/100, ranking 20th in the Consumer Goods sector, and 181st overall.
Source: Newsweek (2021)
Social Workers rights in China
This 2015 investigative report by China Labour Watch found that poor working conditions in Chinese toy factories continue. This company was among those implicated in the report. Labor abuses such as low wages and excessive overtime are still widespread, with very little improvement in working conditions over time.
Source: China Labor Watch (2015)
Social Workers rights in China
This 2017 investigative report by China Labour Watch reveals labor abuses in four Chinese toy factories. One or more of these factories supply this company. Labor abuses include low wages, excessive overtime, dangerous work environments and humiliating living conditions.
Source: China Labor Watch (2017)
Social Workers rights in China
This 2018 investigative report by China Labour Watch reveals labor abuses in four Chinese toy factories. One or more of these factories supply this company. Labor abuses include low wages, excessive overtime, dangerous work environments and humiliating living conditions.
Source: China Labor Watch (2018)
Social Workers rights in China
A 2019 report by China Labour Watch conducted investigations into five Chinese toy factories, which manufacture for the largest toy companies in the world, including this one. Labor abuses include low wages, excessive overtime, dangerous working conditions, terrible living conditions and gender discrimination.
Source: China Labor Watch (2019)
Business Ethics 29/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 29/100 in the Leisure Equipment & Products and Consumer Electronics category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
Social Workers rights in China
This 2014 report by China Labour Watch investigates four Chinese factories supplying some of the largest toy brand companies in the world, including this one. The report reveals many labour violations in these factories, including long hours, excessive overtime, dangerous working conditions, low wages, and underpaid workers. [Listed under Information due to age of report]
Source: China Labor Watch (2014)
Social Workers rights in China
This 2007 investigative report by China Labour Watch reveals workers in Chinese factories endure low wages, no benefits, dangerous work environments and humiliating living conditions. [Listed under information due to age of report]
Source: China Labor Watch (2007)
Social Workers rights in China
This 2011 report by the Institute for Global Labour and Human Rights reveals how workers at a toy factory in China producing toys for Hasbro are housed in filthy, over-crowded dorms, infested with rats and bed bugs. Workers are also underpaid, endure endure excessive hours and three body-searches each day, and some are exposed to dangerous solvents. [Listed under Information due to age of report]
Source: Institute for Global Labour & Human Rights (2011)
Social Workers rights in China
This Dec 2008 report reveals how Hasbro toys are made under abusive sweatshop conditions at the Yongsheng factory in the south of China. Findings include: workers endure 13 ½-hour shifts seven days a week, anyone missing a single overtime shift is docked three days wages, workers are cheated of up to 36 percent of the wages legally due them, and horrible food and sleeping arrangements. [Listed under information due to age of report]
Source: Institute for Global Labour & Human Rights (2008)
Business Ethics CEO Pay Ratio of 237:1
In 2019 the median pay for a worker at this company was US$75,729. The CEO was paid 237 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
Business Ethics Excessive CEO pay
As You Sow's 2022 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Brian D. Goldner came in at number 63 on the list, having been paid US$16,668,010 in 2021. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2022)
Environment 2013 Environmental Merit Award
Hasbro won a 2013 Environmental Merit Award from the US Environmental Protection Agency for progress towards sustainability goals including phasing out PVC, sustainable paper sourcing and reducing materials used in product packaging.
Source: EPA (2013)
Environment Cancelled contract with APP
In Nov 2011, Hasbro joined a growing number of companies - including Mattel and Lego - which have acted to cut ties with the Indonesian company Asia Pulp and Paper (APP), a group which Greenpeace claims is involved in widespread forest clearance in the region.
Source: Greenpeace (2011)
Social Mum-friendly employer
This company was named in Seramount's 100 Best Companies 2022 for being a mum-friendly employer. Listed companies provide inclusive benefits for families, including paid gender-neutral parental leave, phase-back programs, bereavement leave after miscarriage, reimbursement for fertility expenses, and increased mental health benefits for employees.
Source: Seramount (2022)
Business Ethics Supplier disclosure list
Hasbro published a list of its core suppliers in 2011. Hasbro owns and operates one factory in USA and another in Ireland. The list of third party vendors and factories represents facilities that manufactured approximately 80% of Hasbro's Far East production in 2010. All of these factories are located in China.
Source: company website (2011)
Business Ethics GC3 member (Green Chemistry)
This company is a member of the Green Chemistry and Commerce Council (GC3), a business-to-business forum that advances the application of green chemistry and design for environment across supply chains. It provides an open forum for cross-sectoral collaboration to share information and experiences about the challenges to and opportunities for safer chemicals and products.
Source: GC3 (2019)
Business Ethics How2Recycle member
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
Business Ethics Responsible Business Alliance member
This company is a member of the Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition), a non-profit coalition of electronics companies which supports the rights and wellbeing of workers and communities worldwide affected by the global electronics supply chain. RBA members commit and are held accountable to a common Code of Conduct and utilize a range of RBA training and assessment tools to support continuous improvement in the social, environmental and ethical responsibility of their supply chains.
Source: RBA (2022)
Business Ethics Responsible Minerals Initiative member
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)
Environment CDP Climate Change Score of C
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
Source: CDP (2022)
Social Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2016)
Business Ethics OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)

> About the Icons

Company Details

Type Public company
Revenue 4.6 billion USD (2018)
Employees 5,800 (2018)
Subsidiaries Hasbro Australia Ltd 

Toys

Contact Details

Address Pawtucket, Rhode Island, USA
Website www.hasbro.com

Products / Brands

Hasbro Australia
Baby Alive Dolls
Battleship Board Games & Puzzles
Beyblade Action Toys
Boggle Board Games & Puzzles
bop it Board Games & Puzzles
Cluedo Board Games & Puzzles
Connect 4 Board Games & Puzzles
Disney Princess Dolls
Elefun Board Games & Puzzles
furReal Dolls
furReal Collectables
Game of Life Board Games & Puzzles
Guess Who? Board Games & Puzzles
Hasbro Gaming Board Games & Puzzles
Hungry Hippos Board Games & Puzzles
Jenga Board Games & Puzzles
Littlest Pet Shop Dolls
Lost Kitties Collectables
Monopoly Board Games & Puzzles
Mouse Trap Board Games & Puzzles
My Little Pony Dolls
Nerf Action Toys
Operation Board Games & Puzzles
Play-Doh Arts & Crafts
Playskool Baby & Pre-school
Risk Board Games & Puzzles
Scattergories Board Games & Puzzles
Star Wars Action Toys
Transformers Action Toys
Trivial Pursuit Board Games & Puzzles
Trouble Board Games & Puzzles
Twister Board Games & Puzzles
Upwords Board Games & Puzzles
Yahtzee Board Games & Puzzles


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