Hasbro, Inc. (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 Team Hasbro 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 Civic 50 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."
This year’s Civic 50 applicants were evaluated and accrued points based on several criteria, including how much financial and human resources are applied to civic improvement, whether internal and external resources are activated to maximize community impact, how a company’s community engagement activities support its business interests, how broadly community engagement is supported and institutionalized within a company’s policies, systems and incentives, and how a company measures the social and business value of its community engagement programs.The Civic 50 was developed in partnership with a high-profile working group of lead researchers and industry thought leaders. Dozens of corporate advisors provided strategic guidance on the program’s objectives, including defining indicators, developing methodology, and identifying partners and participants. As a result of this collaborative process, the initiative reflects leading insight and thinking about how corporations can and should engage with communities in a twenty-first century economy. True Impact, a company specializing in helping organizations maximize and measure their social and business value, administered the survey. A cross-sector team of independent qualitative evaluators reviewed the responses. To learn more about The Civic 50 survey as well as the importance of civic engagement in corporate America, please visit www.Civic50.org. To learn more about Hasbro’s philanthropic programs worldwide, please visit www.Hasbro.com/giving. 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 170 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 "America’s Most Community Minded Companies" by Bloomberg News and is ranked as one of Corporate Responsibility Magazine's "100 Best Corporate Citizens." Learn more at www.hasbro.com. HASPH