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Hasbro Announces Toy Recycling Program, Offers Free Recycling for Well-Loved Toys and GamesHasbro, Inc. (NASDAQ: HAS) announced today that it is launching a new, industry-leading, toy and game recycling pilot program with TerraCycle, a global leader in product recycling. During the pilot program, consumers can collect and send their well-loved Hasbro toys and games to TerraCycle, who will recycle them into materials that can be used in the construction of play spaces, flower pots, park benches, and other innovative uses. In 2018, Hasbro is piloting the program in the contiguous U.S. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180416005784/en/ Keep your memories, recycle your toys & games. (Graphic: Business Wire) "We're excited to launch the Hasbro Toy Recycling pilot program because it aligns so well with our purpose to make the world a better place for children and their families," said John Frascotti, president, Hasbro, Inc. "As a company, we know consumers share our commitment to taking care of our planet for future generations, and we see this as an exciting step in our sustainability journey." In honor of Earth Day, consumers in the contiguous U.S. can visit www.hasbrotoyrecycling.com to sign up for the free recycling pilot program starting on April 16, 2018. Once participants sign up, they can collect and box up their toys and games, print out a free shipping label and send their box to TerraCycle, who will sort and recycle the products. The pilot program is open to all Hasbro toys and games, including face-to-face games, plastic and electronic toys, action figures, dolls, plush, and more. "Hasbro's toy recycling program is the first brand-sponsored national recycling program in the industry, and we are proud to partner with the passionate team at Hasbro to offer consumers a simple, sustainable solution for recycling their well-loved toys and games," said Tom Szaky, CEO, TerraCycle. "Our expertise in product recycling is a great fit for a company like Hasbro that is committed to reducing the environmental impact of their products throughout its lifecycle, inluding end of life."
Building Upon Hasbro's Sustainability Legacy For example, earlier this year, Hasbro announced that it will begin using plant-based bio-polyethylene terephthalate (PET) for blister packs and plastic windows in its product packaging starting in 2019. This step is one of many advancements the Company has made to enhance the sustainability of its packaging over the past decade. Additional actions include eliminating wire ties in 2010, replacing polyvinyl chloride (PVC) with PET in 2013, and achieving 90 percent recycled or sustainably-sourced paper for packaging and in-box content in 2015. In 2017, Hasbro adopted How2Recycle® labeling on packaging for U.S. and Canada, which helps to provide clear on-package recycling guidance to consumers. Hasbro uses 100 percent renewable energy and is carbon neutral across its U.S. operations, and has achieved 99 percent across all global operations. In addition, the Company is pursuing a set of ambitious environmental goals for 2025 across its owned/operated facilities (based on a 2015 baseline year), including:
Hasbro ranked No. 3 on Newsweek's 2017 Green Rankings, which assesses the 500 largest publicly-traded companies in the United States on overall environmental performance. The Company was ranked No. 1 on the 100 Best Corporate Citizens list for 2017 by CR Magazine and has been named to the 2018 World's Most Ethical Company® by Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, and a distinction the company has earned for seven consecutive years. To learn more about Hasbro's CSR (News - Alert) and sustainability efforts, visit www.hasbro.com/csr and read our CSR Report, Playing with Purpose.
About Hasbro © 2018 Hasbro, Inc. All Rights Reserved.
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