Have you interacted with the Mattel, Inc. Citizenship Report 2021? The statement outlines the company’s plan to reduce plastic packaging by 2030 as part of its environmental, social, and governance (ESG) strategy and goals. ESG strategy and goals are categorized into three groups; responsible sourcing and production, sustainable design and development, and thriving and inclusive communities that the company hopes to influence along the way.
According to Chairman and CEO Ynon Kreiz, Mattel intends to help create a more diverse, fair, and sustainable future and says its ESG strategy and goals reflect an ongoing commitment to corporate citizenship and the hope of empowering the next generation.
Mattel pursues sustainable design and the development of innovative products and better experiences for the world by integrating product stewardship principles, sustainable materials, and circular designs. The company has made tremendous progress toward achieving its goal.
The company also strives for responsible sourcing and production while seeking to optimize resources to reduce environmental impacts. Mattel has taken several steps, such as establishing the Mattel Responsible Sourcing Task Force, essential to maintaining ethical sourcing practices.
Mattel also strives to create a positive social influence by supporting all-inclusive, equitable, and diverse communities. The company has taken relevant measures such as emphasizing gender equality in its ranks and hiring people from all ethnic groups.
Mattel, Inc. believes its initiative is a solution to real problems affecting the world as the focus shifts to consumer preferences and the need for reusable bags rather than single-use plastic bags.
