The Ethisphere Institute named Hasbro Inc. as a 2017 World’s Most Ethical company. This marks Hasbro’s sixth consecutive year of being recognized, and is one of three companies to be named from the consumer products sector.
This year is the 11th year that Ethisphere has honored those companies who recognize their role in society to influence and drive positive change, consider the impact of their actions on their employees, investors, customers, and other key stakeholders, and use their values and culture as an underpinning to the decisions they make every day.
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent, and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance, and ethics.
Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent), and leadership, innovation, and reputation (10 percent), and provided to all companies who participate in the process.