Improved employee engagement scores across the Company.Advanced towards target of using vegetable or soy-based inks in 50% of packaging, reaching 23.7% in 2022.
Launched seven sustainably-minded products.Audited 99% of manufacturing facilities.Externally verified carbon emissions data by a third-party for the first time.Articulated new waste reduction targets of 85% in owned and leased facilities by 2025 and goal of zero waste by 2035.Set Scope 1 + 2 emission reduction targets of 70% by 2030 with the goal to achieve net-zero by 2050.Developed first-ever Climate Action Plan, mapping pathways to further reduce carbon emissions.Decreased waste in leased and owned facilities by 63% (from 2020) and increased waste diversion to 42%.Reduced Scope 1 + 2 emissions by 60% (from 2019).Spin Master's 2022 CSR Report details the performance of the Company and new targets within four key areas: environment, products, people, and communities, including the following: "This year we refined our CSR vision to: Reimagining Play for Future Generations, reflecting our commitment to our purpose of creating magical play experiences for children and families, our responsibility to uphold an inclusive culture, empower children to grow and learn through play while also acting as custodians of the world these children will one day inherit." "We're proud of the progress we've made to date within CSR, particularly as it relates to setting targets and advancing towards increased transparency and enhanced governance," said Max Rangel, Spin Master's Global President and CEO. Spin Maser Issues 2022 Corporate Social Responsibility Report and Releases Climate Action Plan (CNW Group/Spin Master)
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