Post by nurnobisorker22 on Feb 20, 2024 3:24:15 GMT -5
Mattel, Inc. (NASDAQ: MAT) announces its goal to reduce plastic packaging by 25% per product by 2030[1]. This new purpose was added to the 2021 Citizenship Report published on April 27, which shares an update on the progress on the company's strategy and objectives established on Environmental, Social and Corporate Governance (ESG) issues. The ESG strategy and objectives are based on three pillars: Sustainable Design and Development, Responsible Sourcing and Production, and Prosperous and Inclusive Communities, which represent the ESG areas where the company believes it can have the greatest impact. “At Mattel, our purpose is to contribute to a more diverse, equitable, inclusive and sustainable future,” said Ynon Kreiz, president and CEO of Mattel.
Progress through our ESG strategy, and our new goal published on April 27, reflects our ongoing commitment to corporate citizenship, seeking to empower the next generation to explore the wonder of childhood and reach their full potential. “I would like to thank all Mattel teams and our external stakeholders for their collaboration on this important journey.” With this new goal, Mattel is focused on reducing plastic materials in products and packaging, including plastic Guatemala Mobile Number List bags, windows and blister packs as part of its packaging strategy and reduction approach. Some of the notable advances in the three previously published ESG pillars and objectives are mentioned below: Sustainable Design and Development Mattel aims to develop better products and innovative experiences for the world, integrating sustainable materials with environmental product management strategies and circular design.
In this pillar the company: Exceeded its goal of maintaining 95% of recycled paper and wood fiber with material certified by the Forest Stewardship Council ( FSC ) used in its products and packaging, reaching 97.9% in 2021 validated by the Rainforest Alliance .t was recognized by the FSC for the 2021 Leadership Award for excellence in the use of certified products, highlighting its commitment to responsible forest management Increased the recycled amount of PET (polyethylene terephthalate) in most window carton and blister packaging from 25% in 2020 to 30% in 2021 Launched Mattel PlayBack , a toy return program in the US, Canada, France, Germany and England, designed to recover and reuse valuable materials from old Mattel toys. Progressed its goal of achieving 100% recycled, recyclable and bio-based plastic materials in products and packaging by 2030 with several new products made from more sustainable materials and other initiatives, including: Barbie Loves The Ocean , her first line of fashion dolls made from recycled plastic from waste recovered from the ocean.
Progress through our ESG strategy, and our new goal published on April 27, reflects our ongoing commitment to corporate citizenship, seeking to empower the next generation to explore the wonder of childhood and reach their full potential. “I would like to thank all Mattel teams and our external stakeholders for their collaboration on this important journey.” With this new goal, Mattel is focused on reducing plastic materials in products and packaging, including plastic Guatemala Mobile Number List bags, windows and blister packs as part of its packaging strategy and reduction approach. Some of the notable advances in the three previously published ESG pillars and objectives are mentioned below: Sustainable Design and Development Mattel aims to develop better products and innovative experiences for the world, integrating sustainable materials with environmental product management strategies and circular design.
In this pillar the company: Exceeded its goal of maintaining 95% of recycled paper and wood fiber with material certified by the Forest Stewardship Council ( FSC ) used in its products and packaging, reaching 97.9% in 2021 validated by the Rainforest Alliance .t was recognized by the FSC for the 2021 Leadership Award for excellence in the use of certified products, highlighting its commitment to responsible forest management Increased the recycled amount of PET (polyethylene terephthalate) in most window carton and blister packaging from 25% in 2020 to 30% in 2021 Launched Mattel PlayBack , a toy return program in the US, Canada, France, Germany and England, designed to recover and reuse valuable materials from old Mattel toys. Progressed its goal of achieving 100% recycled, recyclable and bio-based plastic materials in products and packaging by 2030 with several new products made from more sustainable materials and other initiatives, including: Barbie Loves The Ocean , her first line of fashion dolls made from recycled plastic from waste recovered from the ocean.