Hasbro Named One of the Civic 50 Most Community-Minded Companies for 12th Consecutive Year
May 14 2024 - 10:00AM
Business Wire
Hasbro's initiatives positively impacted over
3.9 million individuals worldwide in 2023
Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company,
today announced that Points of Light, the world’s largest nonprofit
dedicated to accelerating people-powered change, has named Hasbro a
2024 honoree of The Civic 50, recognizing the top community-minded
companies in the United States according to an annual survey.
"Hasbro is honored to once again be recognized as part of the
Civic 50,” said Kevin Colman, Sr. Director of Global Philanthropy
and Social Impact. “To be on this list for 12 consecutive years
reflects a global team effort to meaningfully impact communities
through the power of play. For us, it's not just about the
recognition but about the real difference we can make for our
employees, in our communities, and for our planet."
Hasbro makes a social impact in communities by providing Access
to Play to underserved and historically marginalized communities,
delivering Play Relief in times of crisis and uncertainty, and
upskilling the next generation of Play Makers. In 2023, Hasbro's
initiatives positively impacted over 3.9 million individuals
worldwide.
Making a difference in the community is also deeply ingrained in
Hasbro’s company culture, and employees are the driving force
behind its philanthropic impact. With over 82% of Hasbro’s global
workforce volunteering last year, it's clear that a commitment to
social impact is a core value at Hasbro.
“Expectations for companies to be leaders in civic engagement
continue to increase,” said Jennifer Sirangelo, President and CEO,
Points of Light. “Hasbro demonstrates how to maximize the full
range of their assets – from people power to policy to financial
contributions – to meet pressing needs and create thriving
communities where they live and work. We’re thrilled to uplift and
celebrate them as an honoree of The Civic 50 2024.”
Methodology
The Civic 50 honorees are companies with annual U.S. revenues of
at least $1 billion and are selected based on four dimensions of
their corporate citizenship and social impact programs: investment
of resources and volunteerism, integration across business
functions, institutionalization through policies, and systems and
impact measurement. The Civic 50 survey is administered by True
Impact, and the results are analyzed by VeraWorks. The survey
instrument consists of quantitative and multiple-choice questions
that inform the scoring process. The Civic 50 is the only survey
and ranking system that exclusively measures corporate community
engagement.
Honorees
To view the full list of this year’s honorees, please visit
https://www.pointsoflight.org/the-civic-50/.
About Hasbro
Hasbro is a leading toy and game company whose mission is to
entertain and connect generations of fans through the wonder of
storytelling and exhilaration of play. Hasbro delivers play
experiences for fans of all ages around the world, through toys,
games, licensed consumer products, digital games and services,
location-based entertainment, film, TV, and more. With a portfolio
of over 1,800 iconic brands including MAGIC: THE GATHERING,
DUNGEONS & DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH
and PEPPA PIG, as well as premier partner brands, Hasbro brings
fans together wherever they are, from tabletop to screen.
Hasbro is guided by our Purpose to create joy and community for
all people around the world, one game, one toy, one story at a
time. For more than a decade, Hasbro has been consistently
recognized for its corporate citizenship, including being named one
of the 100 Best Corporate Citizens by 3BL Media, one of the World’s
Most Ethical Companies by Ethisphere Institute and one of the 50
Most Community-Minded Companies in the U.S. by the Civic 50. For
more information, visit https://corporate.hasbro.com or @Hasbro on
LinkedIn.
About Points of Light
Points of Light is a nonpartisan, global nonprofit organization
that inspires, equips and mobilizes millions of people to take
action that changes the world. We envision a world in which every
individual discovers the power to make a difference, creating
healthy communities in vibrant, participatory societies. Through
145 affiliates across 39 countries, and in partnership with
thousands of nonprofits and corporations, Points of Light engages
3.7 million people in 16.7 million hours of service each year. We
bring the power of people to bear where it’s needed most. For more
information, visit pointsoflight.org.
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Hasbro Andrea Snyder Andrea.Snyder@Hasbro.com
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