Products of Change


Mon 13 Mar 2023 | by Rob Hutchins

Hasbro and VF Corporation among 2023 World's Most Ethical Companies honourees

The global branded entertainment powerhouse, Hasbro has been recognised as one of the 2023 World’s Most Ethical Companies by Ethisphere, a global leader in advancing the standards of ethical business practice. It marks the twelfth time Hasbro has been listed in Ethisphere’s annual polling. The toy maker is one of only five honorees in the Consumer Products sector. In apparel, VF Corporation has been named for the seventh year running. “As a company bringing play and joy to generations of fans around the world, we are committed to operating our business responsibly and ethically,” said Chris Cocks, Hasbro chief executive officer. “We are honoured to be named a World’s Most Ethical Company for the 12th straight year.” Grounded in Ethisphere’s proprietary Ethics Quotient, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The assessment also covers key ESG areas including corporate governance and Board accountability, human rights and ethical sourcing, environmental sustainability, and social impact across global communities. “Ethics matters. Organisations that commit to business integrity through robust programmes and practices not only elevate standards and expectations for al, but also have better long-term performance,” said Ethisphere ceo, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. “Congratulations to Hasbro for earning a place in the World’s Most Ethical Companies community.” Meanwhile, the branded lifestyle apparel, footwear, and accessories company, VF Corporation has found itself on the list for the seventh year running. “We are honoured to be named as one of the 2023 World’s Most Ethical Companies for the seventh consecutive year and the only honouree in the apparel industry,” said Jenn Sim, VF’s executive vice president, general counsel, and secretary. “This recognition demonstrates the shared commitment of our associates around the world who are living and leading with integrity every day. As always, our relentless focus on operating with the highest ethical standards will remain a foundational element of our performance-driven culture, which is grounded in purpose.” The 2023 World’s Most Ethical Companies list recognises 135 honourees spanning 19 countries and 46 industries.