Global branded play leader Hasbro, Inc. (NASDAQ: HAS), today announced that it has been recognized by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company®.
This is the third time that Hasbro, home to globally popular brands including MY LITTLE PONY, MONOPOLY and PLAY-DOH, has been honored with this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. Hasbro is one of only eight companies in the Consumer Products industry honored this year.
“Our commitment to conducting business responsibly and living our values runs deep throughout our global organization,” said Kathrin Belliveau, Vice President of Global Government Affairs, Corporate Social Responsibility and Compliance. “We’re proud to be recognized for our ethical leadership and corporate governance and honored to be ranked amongst the World’s Most Ethical Companies for the third consecutive year.”
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Hasbro joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Hasbro for this extraordinary achievement.”
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework. The Ethics Quotient framework has been developed over years of effort to provide a means to assess an organization’s performance in an objective, consistent and standardized way. 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. The Ethics Quotient framework and methodology was determined, vetted and refined by the expert advice and insights gleaned from Ethisphere’s network of thought leaders and from the World’s Most Ethical Company Methodology Advisory Panel.
Scores are generated in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%) and culture of ethics (20%).
The full list of the 2014 World's Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.
To learn more about Hasbro's Corporate Social Responsibility efforts, please visit www.hasbro.com/csr.
About Hasbro, Inc.
Hasbro,
Inc. (NASDAQ: HAS) is a branded play company dedicated to fulfilling
the fundamental need for play for children and families through the
creative expression of the Company's world class brand portfolio,
including TRANSFORMERS, MONOPOLY, PLAY-DOH, MY LITTLE PONY, MAGIC: THE
GATHERING, NERF and LITTLEST PET SHOP. From toys and games, to
television programming, motion pictures, digital gaming and a
comprehensive licensing program, Hasbro strives to delight its global
customers with innovative play and entertainment experiences, in a
variety of forms and formats, anytime and anywhere. The Company's Hasbro
Studios develops and produces television programming for more than 180
markets around the world, and for the U.S. on Hub Network, part of a
multi-platform joint venture between Hasbro and Discovery Communications
(NASDAQ: DISCA, DISCB, DISCK). Through the company's deep commitment to
corporate social responsibility, including philanthropy, Hasbro is
helping to build a safe and sustainable world for future generations and
to positively impact the lives of millions of children and families
every year. It has been recognized for its efforts by being named one of
the "World's Most Ethical Companies" and is ranked as one of Corporate
Responsibility Magazine's "100 Best Corporate Citizens." Learn more at www.hasbro.com
About the Ethisphere Institute
The Ethisphere® Institute is
an independent center of research, best practices and thought leadership
that promotes best practices in corporate ethics and governance and
enables organizations to improve compliance, mitigate risk, and enhance
relationships with employees, business partners, investors and the broad
regulatory community. Ethisphere evaluates and benchmarks compliance and
governance programs, honors superior achievement through its World’s
Most Ethical Companies® recognition program and publishes Ethisphere
Magazine. Ethisphere is also the leading provider of independent
verification of corporate ethics and compliance programs that include:
Ethics Inside® Certification, Compliance Leader Verification™ and
Anti-Corruption Program Verification™. More information about Ethisphere
can be found at: www.ethisphere.com.
© 2014 Hasbro, Inc. All Rights Reserved.
HAS-CSR
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Julie Duffy, 401-727-5931
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Debbie
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