Hasbro Joins Leading and Largest CEO-Driven Coalition to Address Diversity & Inclusion
12 June 2019 - 12:34AM
Business Wire
Hasbro, Inc. (NASDAQ: HAS), a global play and entertainment
company, announced today that it has joined CEO Action for
Diversity & Inclusion™, a growing coalition of companies
pledging to advance diversity and inclusion in the workplace. By
signing on to this commitment, Hasbro is pledging to continue
taking action to cultivate a workplace where diverse perspectives
and experiences are welcomed and respected, and where employees
feel encouraged to discuss diversity and inclusion.
“With this pledge, Hasbro is privileged to join together with
other like-minded companies to play a significant role in driving
societal change and advancing diversity and inclusion in the
workplace,” said Brian Goldner, chairman and CEO, Hasbro. “At
Hasbro, we believe that supporting all people and promoting
inclusion across our business and society makes the world a better
place for all. And we know that the more inclusive we are as a
company, the stronger our business will be.”
CEO Action for Diversity & Inclusion is cultivating a new
type of ecosystem centered around collaboration and sharing. The
collective of more than 700 signatories have already shared more
than 600 best known actions via the initiative’s unified hub,
CEOAction.com.
Hasbro’s diversity and inclusion strategy is focused on three
areas:
- Our Employees – Promoting a culture of
inclusion in which our employees feel valued, respected and engaged
and where their differences, skills and experiences are
embraced.
- Our Supply Chain – Positively impacting
the lives and well-being of workers in our supply chain, including
women, who represent the vast majority of factory workers making
our products.
- Our Brands and Storytelling – Building
our brands globally through inclusive and expansive play and
entertainment experiences, which reflect the diverse backgrounds
and interests of our consumers, including children, families and
fans.
The Company has taken a number of actions to advance diversity
and inclusion, and will be contributing to CEOAction.com to share
best practices and lessons learned with other companies in the
coalition.
Notable actions include:
- Appointed Bryony Bouyer, Senior Vice
President, Diversity & Inclusion and Multicultural Strategy, to
oversee the Company’s efforts
- Enhanced parental leave benefits in the
U.S. to offer more paid time off for new parents, including birth
mothers, fathers, same-sex partners and adoptive parents
- Launched a global supply chain worker
well-being pilot program in India and China to empower female
factory workers
- Expanded the Hasbro Employee Networks
to additional offices around the world; each group has an executive
sponsor from Hasbro’s senior leadership team
- Launched BE FEARLESS BE KIND, Hasbro’s
signature philanthropic initiative, designed to empower children to
have the empathy, compassion and courage to stand up for others and
be inclusive throughout their lives
“We are so proud that we are continuing to build momentum and
support for the CEO Action for Diversity & Inclusion across
companies, industries, and regions. This collaboration expands our
reach and brings in unique values, actions and perspectives to
continue to raise the bar for the entire business community,” said
Tim Ryan, U.S. Chairman and Senior Partner of PwC and chair of the
steering committee for the CEO Action for Diversity &
Inclusion. “The overwhelming support for the coalition has been
amazing to see and with each and every new organization signing on,
we have the opportunity to put our commitments into action by
working together to improve diversity and inclusion in our
workplaces and communities.”
The CEO Action for Diversity & Inclusion is led by a
steering committee of CEOs and leaders from Accenture, BCG,
Deloitte US, The Executive Leadership Council, EY, General
Atlantic, KPMG, New York Life, Procter & Gamble, and PwC. The
coalition represents 85 industries, all 50 US States, and millions
of employees globally. To learn more about the pledge, visit
CEOAction.com.
About Hasbro
Hasbro (NASDAQ: HAS) is a global play and entertainment
company committed to Creating the World's Best Play
Experiences. From toys and games to television, movies,
digital gaming and consumer products, Hasbro offers a variety of
ways for audiences to experience its iconic brands, including NERF,
MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE and
MAGIC: THE GATHERING, as well as premier partner brands. Through
its entertainment labels, Allspark Pictures and Allspark Animation,
the Company is building its brands globally through great
storytelling and content on all screens. Hasbro is committed
to making the world a better place for children and their families
through corporate social responsibility and philanthropy. Hasbro
ranked No. 13 on the 2019 100 Best Corporate Citizens list by CR
Magazine, and has been named one of the World’s Most Ethical
Companies® by Ethisphere Institute for the past eight years. Learn
more at www.hasbro.com, and follow us on Twitter (@Hasbro) and
Instagram (@Hasbro).
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Katy Hendrickson401-727-5603Katy.Hendrickson@Hasbro.com
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