Lego Maker Pledges To Cut Oil Content In Bricks By 2032, Faces Higher Production Costs - Mattel ( NASDAQ:MAT ) , Hasbro ( NASDAQ:HAS )
Toymaker Lego is on course to transition away from fossil fuels in its signature plastic bricks by 2032, aiming to replace them with more expensive renewable and recycled materials. According to lobby group PlasticsEurope, around 90% of all plastic is currently made from virgin fossil fuels.
| Ticker |
Sentiment |
Impact |
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MAT
|
Bullish
|
29 %
|
|
SSTK
|
Neutral
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10 %
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HAS
|
Somewhat Bullish
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10 %
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NTOIF
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Somewhat Bullish
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19 %
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