Hasbro Continues Corporate Renewables Trend, Sets 100% Renewable Energy & Carbon Neutrality Goal for Global Operations

Via BusinessWire.

PAWTUCKET, R.I.- Hasbro, Inc. (NASDAQ: HAS), a global play and entertainment company, today announced that it has set a 100 percent renewable energy use and carbon neutrality goal across its owned and operated global operations. For the past two years, Hasbro has achieved its previous goal of 100 percent renewable energy and carbon neutrality in the U.S. This goal builds on that achievement and extends Hasbro’s commitment to 100 percent renewable energy and carbon neutrality globally.

The new global goal builds on a longstanding commitment to climate action leadership, and Hasbro has made significant progress already to achieve the goal. Specifically, Hasbro purchased 25,699 megawatt-hours of renewable energy certificates (RECs) to address 99.6 percent1 of its 2016 global electricity consumption. Additionally, the company purchased carbon offsets in 2016 to address its global carbon footprint. Cumulatively, this reduction in Hasbro’s carbon footprint is similar to growing 766,411 trees per year for 10 years or not using 69,513 barrels of oil.