Hasbro Named One of the Civic 50 Most Community-Minded Companies for 11th Consecutive Year
May 23 2023 - 11:06AM
Business Wire
Hasbro named Consumer Discretionary Sector
Leader in 2023
2022 Philanthropic and Social Impact Support
Totaled More than $21 Million, Making a Positive Impact for Four
Million Children and Adults Worldwide
Hasbro, Inc. (NASDAQ: HAS), a global leader in play, today was
honored by Points of Light, the world’s largest nonprofit dedicated
to accelerating people-powered change, as a 2023 honoree of The
Civic 50, recognizing the top community-minded companies in the
U.S.
Hasbro has been honored for the past 11 years – each year since
the initiative began in 2012 – and has also been named this year’s
Civic 50 Consumer Discretionary Sector Leader. The Civic 50 is a
national standard for corporate citizenship and showcases how
leading companies are moving social impact, civic engagement, and
community to the core of their business.
Hasbro makes a social impact in communities by providing Access
to Play to underserved and historically marginalized communities,
delivering Play Relief in times of crisis and uncertainty, and
upskilling the next generation of Play Makers.
“At Hasbro, we believe the right to play is a fundamental human
right," said Kathrin Belliveau, Hasbro’s Executive Vice President
and Chief Purpose Officer. “Play has the power to create joy and
connect communities around the world, a Purpose for Hasbro that
inspires our teams every day. Giving back to our local and global
communities has been core to our culture since Hasbro was founded
in 1923. That’s why we are incredibly proud to be recognized as one
of America's most community-minded companies through The Civic 50
for the 11th consecutive year. I want to thank our teams around the
world whose work seeks to provide Access to Play to underserved
communities, deliver Play Relief in times of crisis, and inspire
the next generation of Play Makers.”
“Companies play a critical role in creating thriving,
participatory communities,” said Diane Quest, interim president and
CEO, Points of Light. “Companies like Hasbro set a model for
others, showing how to best use employee talent, business assets
and integration to create meaningful impact, and we’re thrilled to
uplift and celebrate their work as an honoree of The Civic 50
2023.”
To learn more about ESG at Hasbro, read Playing with Purpose:
ESG Progress Report 2021-2022.
Methodology
The Civic 50 honorees are companies with annual U.S. revenues of
at least $1 billion and are selected based on four dimensions of
their corporate citizenship and social impact programs: investment
of resources and volunteerism, integration across business
functions, institutionalization through policies and systems and
impact measurement.
Honorees
To view the full list of this year’s honorees, please visit
www.pointsoflight.org/the-civic-50/.
About Hasbro
Hasbro is a global leader in play whose mission is to entertain
and connect generations of fans through the wonder of storytelling
and exhilaration of play. Hasbro delivers engaging brand
experiences for global audiences through gaming, consumer products
and entertainment, with a portfolio of iconic brands including
MAGIC: THE GATHERING, DUNGEONS & DRAGONS, Hasbro Gaming, NERF,
TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner
brands.
Hasbro is guided by our Purpose to create joy and community for
all people around the world, one game, one toy, one story at a
time. For more than a decade, Hasbro has been consistently
recognized for its corporate citizenship, including being named one
of the 100 Best Corporate Citizens by 3BL Media, one of the World’s
Most Ethical Companies by Ethisphere Institute and one of the 50
Most Community-Minded Companies in the U.S. by the Civic 50. For
more information, visit https://corporate.hasbro.com.
About Points of Light
Points of Light is a nonpartisan, global nonprofit organization
that inspires, equips and mobilizes millions of people to take
action that changes the world. We envision a world in which every
individual discovers the power to make a difference, creating
healthy communities in vibrant, participatory societies. Through
145 affiliates across 39 countries, and in partnership with
thousands of nonprofits and corporations, Points of Light engages
3.7 million people in 16.7 million hours of service each year. We
bring the power of people to bear where it’s needed most. For more
information, visit pointsoflight.org.
HAS-PH HAS-C
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Abby Hodes abby.hodes@hasbro.com
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