Hasbro

Jump to Hasbro: Alerts;

 

• Hasbro is the second largest U.S. toymaker, manufacturing toys and games.

• Hasbro was removed from the FTSE4Good Index series, which encourages investment in socially responsible companies, as a result of failing to satisfy supply chain labor standards.

• Violations of international labor laws have been exposed by China Labor Watch at Kai Long, a manufacturing plant in Hong Kong, which exports toys for Hasbro. These include no overtime compensation, inadequate and unsanitary working conditions and dorm rooms, and no independent trade unions.

• The National Labor Committee reported that toy workers in China are forced to work 16 hours a day, seven days a week, for only 17 cents an hour.

• Find green toy options for your children by visiting Go Green.

-- Profile Updated 07/07/2010

About Hasbro


Hasbro Inc. manufactures and licenses a wide range of toys and games, including favorites such as G.I. Joe, Play-Doh, Scrabble, Monopoly, and Trivial Pursuit. Based in Pawtucket, Rhode Island, the company employs 5,900 and reported revenues of approximately $3.152 billion in 2006.

Affiliates

- Cap Toys, Inc. - Napa, CA
- Galco International Toys, Ltd. - Kowloon, China (Hong Kong)
- Hasbro Bradley Far East Ltd. - Kowloon, China (Hong Kong)

read more

- Hasbro Bradley Far East Ltd. - Kowloon, China (Hong Kong)
- Hasbro Canada Corporation (Branch) - Longueuil, Canada
- Hasbro Europe UK Limited - Uxbridge, United Kingdom
- Hasbro Foreign Sales Corp. - Charlotte Amalie, VI
- Hasbro France S.A. - Le Bourget, France
- Hasbro Games - East Longmeadow, MA
- Hasbro, France - Le Bourget, France
- Irwin Toy - Toronto, Canada
- Kenner Parker (N.Z.) Ltd. - Auckland, New Zealand
- MB Ireland - Waterford, Ireland
- Milton Bradley (Switzerland) AG - Mutschellen, Switzerland
- OddzOn, Inc. - Napa, CA
- Parker Brothers/Kenner Parker Australia Ltd. - Alexandria, Australia
- The Avalon Hill Game Company - Pawtucket, RI
- Tiger Electronics, Ltd. - Pawtucket, RI
- Tonka Corp. Pty. Ltd. - Rhodes, Australia
- Tonka Italia S.p.A. - Milan, Italy
- Wizards of the Coast, Inc. - Renton, WA

Contact Hasbro


Hasbro
Pawtucket, RI 02862 USA

Phone: 401-431-8697

Web: www.hasbro.com

Alerts

Environment

Hasbro was rated top companies for climate counts’ climate index survey.…

read more

Hasbro was rated top companies for climate counts’ climate index survey. Hasbro has recently selected to use Hara, a system that helps keep track of a company’s environmental and energy efficiencies.

-- Environmental Leader, 06/24/2010

Source URL: www.environmentalleader.com/2010/06/24/hasbro-to-deploy-hara-environme...


Labor

A 2005 report by China Labor Watch called “The Toy Industry in China: Undermining Workers’ Rights and Rule of Law,” highlights the…

read more

A 2005 report by China Labor Watch called “The Toy Industry in China: Undermining Workers’ Rights and Rule of Law,” highlights the violations of worker rights in toy plants in Dongguan City, Guangdong Province. The report specifically highlights the Kai Long manufacturing plant in Hong Kong, which exports toys for Hasbro, Mattel, McDonald’s, and KFC. Violations of international labor laws and those of China include:

  • Routine 14.5 hour weekdays with only one day off a month
  • Wages at 59 percent of the local minimum wage standard in Dongguan City
  • No overtime compensation
  • Workers deprived of 43 percent of their legal wage, earning .0125 to .025 cents per toy they produce
  • Inadequate and unsanitary working conditions and dorm rooms
  • No insurance for regular workers
  • No independent trade unions

Li Qiang, the executive director of China’s Labor Watch commented: “Abusive conditions persist, threatening to undermine any gains made in workers’ standard of living and hindering the development of rule of law in China.”

-- China Labor Watch, 09/01/2005

Source URL: www.chinalaborwatch.org/upload/toyindustryreport.doc


Hasbro's operations in China made it one of the targets of the National Labor Committee's "Toys of Misery" campaign which demanded…

read more

Hasbro's operations in China made it one of the targets of the National Labor Committee's "Toys of Misery" campaign which demanded that toy companies disclose the names and addresses of the factories used to make toys in China and allow third party independent monitoring of these facilities. The "Toys of Misery" report states that toy workers in China--mostly young women-- are forced to work 16 hours a day, seven days a week, for 17 cents an hour. Hasbro and other companies have responded to the allegations by stating that they employ Codes of Conduct and strict monitoring systems in their plants in China.

-- National Labor Committee, 12/01/2004

Source URL: www.nlcnet.org/campaigns/he-yi/he-yi.shtml


Health and Safety

The Consumer Product Safety Committee (CPSC) listed Hasbro’s Nerf Big Play Football as one of its 10 Hazardous Recalled Toys for…

read more

The Consumer Product Safety Committee (CPSC) listed Hasbro’s Nerf Big Play Football as one of its 10 Hazardous Recalled Toys for 2004. According to the CPSC, “The football contains a hard plastic interior frame that can pose a risk of facial cuts if a child is hit during play. There have been nine reports of facial injuries, including eight requiring stitches or medical attention.”

-- PR Newswire, 11/22/2004

Source URL: www.medicinenet.com/script/main/art.asp?articlekey=15540


Human Rights

Hasbro was removed from the FTSE4Good Index series as a result of failing to satisfy supply chain labor standards.…

read more

Hasbro was removed from the FTSE4Good Index series as a result of failing to satisfy supply chain labor standards. The FTSE4Good Index encourages investment in socially responsible companies that are included in the index only after meeting strict criteria. Companies are screened and evaluated on products the company sells, countries that supply the products, and exposure in these markets in terms of revenue.

-- FTSE4Good, 09/01/2006

Source URL: www.ftse.com/Indices/FTSE4Good_Index_Series/Downloads/FTSE4Good_Sept_2...


The New York City Employees Retirement System (NYC Pension Funds), holds 11 companies (including Hasbro) in its portfolio, and has…

read more

The New York City Employees Retirement System (NYC Pension Funds), holds 11 companies (including Hasbro) in its portfolio, and has filed a resolution with each company asking for the development of a code of conduct that is based on the International Labor Organization's core labor standards and the UN's Draft Norms on the Responsibilities of Transnational Corporations with Regards to Human Rights. ILO conventions include the right to form and join a union, a prohibition on discrimination and intimidation, and prohibition against forced labor, child labor, and prison labor.

-- New York City Comptroller's Office, 01/01/2006

Source URL: www.comptroller.nyc.gov/press/2006_releases/pr06-02-019.shtm


Ethics and Governance

Hasbro Chairman and CEO, Alfred J. Verrecchia, earned $8,406,288 in total compensation for 2006 according to the SEC and $9,625,29…

read more

Hasbro Chairman and CEO, Alfred J. Verrecchia, earned $8,406,288 in total compensation for 2006 according to the SEC and $9,625,296 according to the AFL-CIO's calculations.

-- AFL-CIO, 02/17/2007

Source URL: www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm?tkr=HAS&pg=1


In 2002, Hasbro was fined $7.9 million by the United Kingdom Office of Fair Trading for price fixing by setting prices on toys and…

read more

In 2002, Hasbro was fined $7.9 million by the United Kingdom Office of Fair Trading for price fixing by setting prices on toys and games with wholesale distributors. A second charge of price fixing with retailers was dropped after the company cooperated with the investigation. But the OFT did fine UK toys retail chains GUS PLC's Argos and Littlewoods $36.1 million. The company initially appealed the verdict but in 2003 dropped its appeal, saying "The time was right to put this matter behind us and to move forward."

-- Providence Journal, 04/04/2003

Source URL: none available