Spin Master issued its third annual Corporate Social Responsibility (CSR) report in an effort to track progress on the company’s environmental, social, and governance goals and performance for 2021.
“Spin Master has always had a noble purpose, to create magical play experiences for children and their families,” says Global President and CEO Max Rangel, Spin Master. “Our commitment to this purpose has been unwavering, and in these challenging times the power of play has been one way we can make a meaningful impact in many homes around the world. We value the trust placed in Spin Master by kids and their parents and are committed to being responsible citizens and custodians of the world that these children will one day inherit.”
Over the past year, Spin Master achieved 97% gender pay equity with a goal to reach 100% and women make up 40% of senior management positions. Additionally, the company increased its financial contributions to the community by donating $1.95 million and 170,000 toys to reach 300,000 kids globally.
With zero consumer recalls for over a decade, Spin Master has also succeeded in auditing and remediating 97% of manufacturing facilities through the Ethical Toy Program. The company continued this trend by offsetting 10,186 metric tons of carbon.
Spin Master’s entire 2021 CSR Report can be viewed here.
