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April 24, 2009

Toy Companies Are Failing to Address Climate Change
    by Robert Kropp

Research by Climate Counts finds that toy and children's equipment manufacturers score the lowest of all industry sectors, with eight of thirteen companies receiving scores of zero.

SocialFunds.com -- Manufacturers of toys and children's equipment have the lowest score in addressing climate change when compared to any of the other twelve industry sectors measured thus far by Climate Counts, a nonprofit organization bringing consumers and companies together in the fight against climate change.

Please support
our sponsorsNone of the companies in the sector scored higher than 40 out of a possible 100, and eight of the 13 companies included scored zero. In its research Climate Counts uses 22 criteria to determine if companies measure their greenhouse gas (GHG) footprints, reduce their impact on global warming, support progressive climate legislation, and publicly disclose their actions pertaining to climate change.

The highest score by a toy or children's equipment manufacturer in the Climate Counts research was achieved by Hasbro, the toy company, whose score was 40. Climate Counts found that Hasbro has started to measure its company-wide impact on climate change, and has begun to take measures to reduce that impact. On the other hand, Climate Counts found little evidence that Hasbro has begun to provide disclosure regarding its policies and procedures on climate change, and no evidence that Hasbro has taken a stand in favor of climate change legislation.

The only other companies in the sector to score any points at all were Mattel, with 18, and Lego, which scored a 13.

Climate Counts believes that business is the most powerful institution on the planet, and currently faces a unique opportunity to improve living standards throughout the world by means of sustainable practices. However, transparency and accountability must be practiced by companies if the opportunity is to be realized. Consumers require reliable information to make informed purchasing decisions and help companies take positive steps in addressing climate change.

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