With its announcement on Aug. 20 that it is looking to eliminate virtually all plastic packaging for its products, Pawtucket-based Hasbro Inc. continues to follow a path of corporate sustainability and ethical behavior that it set years ago.
For example, in May the manager of entertainment brands across multiple platforms earned its way for the eighth consecutive year onto CR Magazine’s 100 Best Corporate Citizens list, placing No. 13 (CVS Health Corp. placed No. 28). The list is based on 98 metrics collected into eight categories, among them environment.
In February Hasbro was named one of the most ethical companies in the world by the Ethisphere Institute, an honor it also has earned for the last eight years.
And earlier this month the company was added to an exchange-traded, renewable energy fund that includes companies that use renewable energy resources or generate some of their revenue from them. Other companies included on the list were Tiffany & Co. and Tesla Inc.
If you see a pattern here, it is not a coincidence. Hasbro tends to its place in the community with care. Thus its initiative to severely reduce plastic packaging fits the company culture to a T.
At a time when marine mammals are dying because they are ingesting plastic trash that finds it way into the oceans and nations across the globe continue to make more plastic, it just makes sense to reduce its need to only the most required uses, packaging toys not being one of them.
