Hasbro Pledges 20% GHG Reduction by 2020
Hasbro has committed to reducing its global Scope 1 and Scope 2 greenhouse gas emissions from owned/operated facilities 20 percent by 2020, from 2012 levels, and halving waste to landfill at its facilities by 50 percent from 2012 levels by end of 2020.
The toy company whose brands include My Little Pony (pictured), Monopoly and Play-Doh last week announced these and other sustainability goals that it aims to achieve by end of 2020.
Hasbro says its new waste goal builds upon its 2008 commitment to reduce non-hazardous waste by 15 percent by 2012, which it surpassed, achieving a 40 percent reduction.
Additionally, in 2008, Hasbro set a 10 percent global GHG emissions reduction goal to be achieved by 2012. The company exceeded its goal and achieved a 32 percent GHG reduction over its 2008 baseline.
The company has also committed to reducing energy consumption by end of 2020, at owned/operated facilities by 25 percent from 2012 levels. This builds upon the company’s 19 percent energy reduction through 2012 compared to 2008 baseline.
Another of Hasbro’s new 2020 goals is to reduce water consumption from owned/operated facilities by 15 percent from 2012 levels. Hasbro achieved a 31 percent water consumption reduction, exceeding its initial commitment to reduce water use by 15 percent through 2012 compared to 2008 baseline, the company says.
In addition to these efficiency goals, Hasbro says it’s continuing with its sustainable packaging initiatives including: reducing packaging material, eliminating PVC from packaging, increasing recycled content, and sourcing paper responsibly.
Earlier this year, Hasbro partnered with the Rhode Island Resource Recovery Corporation to introduce single-stream recycling at all of its Rhode Island facilities. According to Hasbro’s latest sustainability report, the company’s recycling rate has hovered around the 83 percent mark over the past two years. The company’s non-hazardous waste production fell just over 25 percent year-on-year, the report says.
Hasbro also made the top 10 in CR Magazine’s list of 100 Best Corporate Citizens 2013, published in April.
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