Mattel 2005 Annual Report Download - page 8
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PLAYFAIR
Andwhenwewin,wedoitfairly.Since1997,Mattelhasbeentheacknowledgedindustryleaderinestablishing
factoryemployeestandards,monitoringcompliancethroughindependentauditsandpubliclyreporting
onourprogress.In2005,webegansuccessfullytransitioningworkplaceauditsfromtheproprietaryMattel
modeltoindustry-widestandards,whicharebasedonourownmethodology.Todate,morethan200toy
companies,retailersandmanufacturingfacilitieshavecommittedtofollowingtheInternationalCouncil
ofToyIndustriesCARE(Caring,Awareness,Responsible,Ethical)Processprotocolsforemployeehealth,
safety,workingconditionsandwelfare.Thatmeans,regardlessofthetoybrandconsumersbuy,theycanbe
assuredthattheemployeeswhoproducedthatproductweretreatedfairly.
YourBoardofDirectorsprovidesimportantoversightonwhatweachieveandhowweachieveit.Forthe
secondyearinarow,Mattelhasagainbeenrecognizedforitscommitmenttocorporategovernanceandhas
receivedthehighestoverallglobalratingof10fromGovernanceMetricsInternational(GMI),placingMattel
amongthetop1percentofmorethan3,400globalcompanies.InMarch2006,DominicNg,Chairman,
ChiefExecutiveOfficerandPresident,EastWestBancorp,joinedMattel’sBoard.Dominicisanaccomplished
globalleaderandwelookforwardtohiscontributionstoMattel.
Wehaveasolidfoundation,astraight-forwardgameplanandanorganizationcommittedtosuccess.
AtMattel,weplaytogrow,weplaytogether,weplaywithpassionandweplayfair.
ANDWEPLAYTOWIN,FORYOU,OUROWNERS.
Sincerely,
ChairmanoftheBoardandChiefExecutiveOfficer