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Mattel
Mattel is a global learning, development and play company that inspires the next generation of kids to shape a brighter tomorrow. Through our portfolio of iconic consumer brands, including American Girl, Barbie, Fisher-Price, Hot Wheels and Thomas & Friends, we create systems of play, content and experiences that help kids unlock their full potential.
Corporate governance
At Mattel, unwavering integrity defines our corporate culture on every level, guiding how we work and how we do business. Solid standards of corporate governance are so important to earning and retaining trust, which is why we take corporate governance so seriously. We are pleased to provide the opportunity to take a closer look at our standards - those required, as well as those we impose on ourselves - in an effort to develop best practices, and earn your trust every day.
Diversity
At Mattel, Everyone Plays...
As a part of our business strategy for success, we will strive for diversity
in who we are and what we do, primarily through our:
People: we will hire, retain, and promote a diverse workforce, and will encourage opportunities within the communities that we live, work, and play
Perspectives: we will create a company culture that encourages an expression of, and a respect for, diverse viewpoints
Partners: we will do business with customers and suppliers who reflect the diversity of the worldwide community in which we operate
Products: we will create and market products that appeal to and engage our consumers around the world
At Mattel Everyone Plays. For us, this is serious business. It is a guiding principle for our global business approach to diversity and inclusion.
We understand that a culture rich in diversity is key to business success. It allows us to better understand the business opportunities in various markets around the world, and develop products that resonate with consumers in diverse cultures.
As the world's largest toy company, Mattel's global workforce is diverse by any measure, be it ethnicity, race, religion or gender. However, Mattel doesn't see diversity in such limited terms. Rather, Mattel is committed to a broader global perspective. More importantly, we have a business imperative to think globally. Today, nearly half of Mattel's sales come from outside the US. And in the future, Mattel's greatest sales potential will be from its growing international markets.
Diversity and inclusion are an integral part of our business strategy, and help ensure that we are able to continue meeting our customers' evolving needs. Our Office of Global Diversity provides expertise and guidance, but diversity and inclusion are everyone's responsibility at Mattel. I personally own our goals, strategies, and results for customers, employees and the communities in which we live and work.
We apply this mindset strategically to ensure our workforce is diverse and is able to apply a broad range of knowledge, experience, perspectives and insights to meeting our customers' evolving needs.
Within the US, Mattel's commitment to encouraging inclusion within the workforce is exemplified by our longstanding relationship with INROADS, an internship program designed to develop and place talented minority youth in business and industry and prepare them for corporate and community leadership. Through INROADS we afford interns the chance to participate in unique leadership development opportunities. Mattel has partnered with INROADS since 1998 and since then 117 young men and women have interned at Mattel.
Our commitment to diversity can also be seen in our outreach to communities. In more than 20 countries throughout Europe, Latin America and Asia, Mattel employees volunteer to support their local Special Olympics. Whether they are passing out water, offering a hug of encouragement, or participating in the sports themselves, Mattel employees are supporting children and adults with intellectual disabilities around the world as part of Team Mattel, the largest global corporate team of volunteers in Special Olympics' history. In China, manufacturing employees volunteer alongside their management counterparts to make a meaningf
Additionally, we commit to purchase from a supplier base representative of our employees, consumers, retail customers and communities. Mattel recognizes the importance of supplier diversity in all aspects of our procurement practices and, therefore, it is included in our global diversity initiative.
Moving forward as one inclusive organization, Mattel will continue its long heritage of being a committed and inspired outstanding corporate citizen, committed to our communities and to acting responsibly.
Our Social Impact
At Mattel, we believe in the power of play and the crucial link between play and a child's learning and development. Through play, children develop social, emotional and physical skills while they pretend, imagine and dream.
We believe that every child deserves the opportunity to play, and as such our social impact programs are focused on allowing more children access to play. Through our partners, funding, volunteers, brand campaigns and consumer activation, we are addressing the barriers to play by providing children time to play, a place to play, tools to play and an advocate for play in their lives.
As the experts in play, we feel this is the most powerful way we can affect the most change. Whether it's on the playground or at home, Mattel is there to ensure that children play.
The Power of Play
Our Focus
As the world’s largest toy company, Mattel is the expert in play and we believe play is fundamental to learning and development at all ages. We believe all children have a right to the time, place, tools and an advocate for play in their lives.
Unfortunately, we know not all children have access to play. That’s why Mattel focuses our social impact activities on breaking down the barriers to play by leveraging the collective power of our global resources. Through funding, our dedicated employee volunteers, toy donations, cause marketing campaigns and community partners, Mattel is committed to dedicating 2 percent of its pretax profit to making a difference in the lives of children in need.
