Press release
Mattel Publishes Latest Citizenship Report Presenting 2022 Progress on ESG Strategy and Goals
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Mattel, Inc. (NASDAQ: MAT) has published its latest Citizenship Report, which provides a progress update on Mattel’s
About this update from Mattel, Inc.
[{"type":"text","content":" EL SEGUNDO, Calif.--(BUSINESS WIRE)--\nMattel, Inc. (NASDAQ: MAT) has published its latest Citizenship Report, which provides a progress update on Mattel’s Environmental, Social, and Governance (ESG) strategy and goals.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230921662754/en/(Photo: Business Wire)\nMattel’s ESG strategy and goals are organized into three pillars: Sustainable Design and Development; Responsible Sourcing and Production; and Thriving and Inclusive Communities, representing the ESG areas where the company believes it can have the greatest impact.\n\n\nYnon Kreiz, Chairman and CEO of Mattel, said: “This latest report reflects our ongoing commitment to be a responsible corporate citizen and our aim to contribute to a more diverse, equitable, inclusive, and sustainable future. On behalf of the entire leadership team at Mattel, we thank our dedicated employees around the world who make this continued progress possible, and our external stakeholders for their encouragement and support in this important area for the company.”\n\n\nProgress highlights across the three ESG pillars and goals in 2022 include:\n\n\n\nExpanded the use of 30% post-industrial recycled PET (polyethylene terephthalate) to all window cartons and blister packs in 20221.\n\n\n\nAchieved 98.8% recycled or FSC Certified content in the paper and wood fiber used in our products and packaging, as validated by Preferred by Nature2, exceeding our goal of 95%.\n\n\n\nIncreased use of more sustainable materials for Matchbox products and packaging, including using at least 40% International Sustainability & Carbon Certification (ISCC3)-certified bio-circular plastic (mass balance approach4) for Matchbox Action Drivers playsets.\n\n\n\nDesigned more products for recyclability, including incorporating easy-to-remove and recycle electronic components into all Action Drivers playsets and Matchbox Recycling Trucks.\n\n\n\nReleased the Dr. Jane Goodall Inspiring Women doll in collaboration with the Jane Goodall Institute. The doll comes in plastic-free windowless packaging, is made from recycled ocean-bound plastic5, and is a certified CarbonNeutral® product6 that was included among the TIME Magazine Best Inventions of 2022.\n\n\n\nContinued to prioritize the health and safety of our employees a...