(NASDAQ: HAS) was recognized today as one of America’s most community-minded companies in
The Civic 50,
an annual initiative that identifies and recognizes companies for their commitment to improve the quality of life in the communities where they do business. The survey was conducted by the National Conference on Citizenship (NCoC) and Points of Light, the nation’s definitive experts on civic engagement, and published by Bloomberg News.
“Hasbro is honored to be recognized once again as a member of the Civic 50 alongside several deserving companies,” said Brian Goldner, president and CEO, Hasbro, Inc. “Supporting children in need around the world and especially in the communities where we live and work has been an important part of Hasbro’s DNA for more than 90 years.”
Hasbro’s philanthropic programs
focus on empowering childhood by bringing “the sparkle of Hope, the joy of Play and the power of Service” into their lives of children in need. The
employee volunteer program gives employees four hours of paid time off per month to volunteer with child-focused organizations in the communities where they live and work.
The Civic 50 recognized Hasbro in the following categories:#2 - Best in Consumer Discretionary industry#3 - Best in Mid-Cap Market
“The results of this year’s
survey show that even the most civically engaged companies are doing more to make community engagement a top priority and a permanent aspect of their business strategy,” said Michael Weiser, chairman of the Board, National Conference on Citizenship and Neil Bush, chairman of the Board, Points of Light, in a joint statement. “These 50 companies are showing others in the private sector how to boost the bottom line and make the world a better place.”
"Bloomberg is honored to serve as a lead sponsor of the Civic 50 along with valued partners, Points of Light and the National Conference on Citizenship," said Elana Weinstein, Bloomberg's Global Head of Diversity, Inclusion and Community Engagement. "We are encouraged by the results of this year's survey and look forward to continuing a partnership which recognizes the tremendous value that corporate institutions bring to the communities in which we live and work."