Toy Giant Hasbro Commits to 100% Renewable Energy

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Hasbro Inc. has set a new goal for the company, to achieve 100% renewable energy and carbon neutrality across its global operations.

Hasbro, which has its headquarters in Pawtucket, R.I., says that it has already managed to achieve 100% renewable and carbon neutrality in the US, its global ambitions are expanding on that commitment. Hasbro oversees various toy brands such as Play-Doh, Nerf, and Monopoly.

Spokespeople for the company say that they have already made significant progress towards their goal, with Hasbro purchasing around 26,00 megawatt-hours of renewable energy certificates to address approximately 99.6% of its 2016 global electricity consumption. The company has also purchased many carbon offsets in 2016, aiming to tackle its global carbon footprint. The overall reduction in Hasbro’s carbon footprint is similar to forgoing 69,500 barrels of oil or planting 766,411 trees per year for the next decade.

Toy Giant Hasbro Commits to 100% Renewable Energy

“Through renewable energy advancements, Hasbro continues to demonstrate our deep commitment to the environment and our desire to play a leadership role in building a safe and sustainable world for future generations,” says the chairman and CEO of Hasbro, Brian Goldner. “We embrace our role in supporting the transformation of our world to a low-carbon economy and support programs that not only minimize our impact on the environment but also have a lasting positive impact on our planet.”

2015 saw Hasbro joining the US Environmental Protection Agency’s Green Power Partnership, and qualifying for the EPA’s Green Power Leadership Club. This is a distinction which is given to organizations that have considerably exceeded the EPA’s recommendations for renewable energy purchase commitment.

Hasbro maintains carbon offsets and RECs from 3Degrees, who provide comprehensive clean energy services. Hasbro’s RECs are from various renewable energy resources including solar, wind, hydroelectric, biomass and landfill gas sources. Hasbro has purchased RECs from projects near many major facilities all across North and South America, as well as Asia and Europe.