Commercial, GHG Emissions  -  February 22, 2022

Hasbro Joins Science-Based Targets Initiative

Hasbro announced Feb. 22 that it has joined the Science Based Targets initiative and will set both 2030 and 2050 science-based emissions targets to be validated by the SBTi this year.

The toy company’s emissions targets will be established with a future of net-zero emissions in mind. The emissions targets will be established under the SBTi’s new Net-Zero Standard for setting net-zero targets.

“As a global leader in play and entertainment for fans of all ages, Hasbro understands the critical importance of operating sustainably to protect our planet for future generations,” Chris Cocks, incoming CEO of Hasbro, said in a statement. “Committing to SBTs is another step for Hasbro to make a positive difference for our planet and fans around the world. Our hope is others across the industry join us in this effort.”

The initiative will be supported by Hasbro’s other sustainability programs like offering end-of-life recycling options for its products and working toward its goal of eliminating virtually all plastic from new product packaging by the end of 2022 and reducing the use of virgin plastic by 19.5 million pounds annually.

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