Hasbro Recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute for Seventh Consecutive Year
February 12 2018 - 6:00AM
Business Wire
Recognition honors those who operate with
purpose and integrity
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-CSRHAS-C
© 2018 Hasbro, Inc. All Rights Reserved.
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Press:Hasbro, Inc.Katy Hendrickson,
401-727-5603Katy.Hendrickson@Hasbro.com
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