This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Hasbro Announces 2020 Sustainability Goals; Company Aims To Reduce Environmental Impact Of Its Global Operations

Stocks in this article: HAS

Global branded play leader Hasbro, Inc. (NASDAQ: HAS) today announced new environmental sustainability goals which it aims to achieve by end of 2020. The company, which creates, designs, and manufactures brands with global appeal including MY LITTLE PONY, MONOPOLY and PLAY-DOH, plans to further reduce the environmental impact of its global operations by minimizing waste, improving energy efficiency, reducing greenhouse gas emissions and conserving water at its owned and operated facilities. These new 2020 goals build on commitments the company set in 2008 that it achieved by end of 2012.

“Hasbro has long been committed to playing responsibly and driving continual improvement in all facets of its business, including reducing the company’s use of natural resources,” said Brian Goldner, Hasbro’s President and CEO. “We are proud of our sustainability progress, and our new 2020 goals help to keep our global workforce aligned and engaged on this important issue.”

Hasbro’s 2020 sustainability goals include:

  • Reducing waste to landfill: By end of 2020, reduce waste to landfill at owned/operated facilities by 50 percent from 2012 levels. This goal builds upon Hasbro’s 2008 commitment to reduce non-hazardous waste by 15 percent by 2012, which it surpassed, achieving a 40 percent reduction.
  • Reducing energy consumption: By end of 2020, reduce energy consumption at owned/operated facilities by 25 percent from 2012 levels. This builds upon the company’s 19 percent energy reduction through 2012 compared to 2008 baseline.
  • Reducing GHG emissions: By end of 2020, reduce global Scope 1 and Scope 2 greenhouse gas (GHG) emissions from owned/operated facilities by 20 percent from 2012 levels. In 2008, Hasbro set a 10 percent global GHG emissions reduction goal to be achieved by 2012. The company exceeded its goal and achieved a 32 percent GHG reduction over its 2008 baseline.
  • Reducing water consumption: By end of 2020, reduce water consumption from owned/operated facilities by 15 percent from 2012 levels. Hasbro achieved a 31 percent water consumption reduction, exceeding its initial commitment to reduce water use by 15 percent through 2012 compared to 2008 baseline.

In addition to these reduction goals, Hasbro continues to drive environmental improvements through its sustainable packaging initiatives, including: reducing packaging material, eliminating PVC from packaging, increasing recycled content, and sourcing paper responsibly. In recognition of Hasbro's environmental sustainability achievements, the company was recently awarded an Environmental Merit Award by the U.S. Environmental Protection Agency (EPA). Additionally, the company reports annually to the Carbon Disclosure Project (CDP) and is a reporting leader in the Toy Industry.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs