One of the world's largest toy companies is phasing out plastic from packaging, a move that's expected to take less than three years.
Hasbro Inc. of Pawtucket, R.I., revealed the decision Aug. 20 by indicating changes will start in 2020 and be virtually complete by the end of 2022.
Hasbro's stable of products includes Nerf, Transformers, Monopoly and My Little Pony.
The end of plastic will include packaging such as polybags, shrink wrap, blister packs and windows. Elastic bands are also on their way out, the company said.
"We have an experienced, cross-functional team in place to manage the complexity of this undertaking and will look to actively engage employees, customers, and partners as we continue to innovate and drive progress as a leader in sustainability," CEO Brian Goldner said in a statement.