Taking Responsibility for a More Sustainable World

Beyond employing people. Beyond developing products and services. Beyond satisfying customers. Corporations play a broader role in society – one that includes helping solve some of the world’s greatest challenges.

Climate change, income inequality and workforce development are among the most pressing concerns we face today and one that has the largest impact on the world.

By focusing on these issues and developing CSR programs, we’re working to be a force for good. We’re making a positive impact in various areas such as the environment, health and safety, innovation, sustainability, and community involvement. However, we acknowledge that there is still more work to be done.

Our purpose, brands and innovation remain the foundation on which our business transformation and our aligned ESG priorities are built. With our business and ESG priorities focused on the core of what we do best, we are better able to leverage our great brands and position our Company for impactful achievements in the years ahead.

Portrait of Donald Allan, Jr.
Don Allan, Jr.
President & Chief Executive Officer

We’re Striving To Be a Force for Good

Learn How
Hopkinsville facility solar array

Our ESG Strategy

Our environmental and social efforts are focused on where we believe we can make the greatest positive impact. With a streamlined portfolio and purposeful strategy, we are on a mission to be a force for good.

Our refreshed ESG strategy includes a set of commitments aligned with the UN Sustainable Development Goals (SDGs) that intrinsically ties to our purpose and spans across three pillars: people, product and planet.

 

People

Grow the Trades


Diversity, Equity and Inclusion (DE&I)
⤜ Achieve 10-point racial equity roadmap and improve our gender representation at the Vice President level and above by 2027
 

Grow the Trades
⤜ Commit $30 million to initiatives that grow skills for tradespeople by 2027

 

Sustainable development goal #4 for quality education
Sustainable development goal #5 for gender equality
Sustainable development goal #8 for decent work and economic growth
Sustainable development goal #10 for reduced inequalities
Sustainable development goal #11 for sustainable cities and communities
Sustainable development goal #16 for peace, justice and strong institutions

Product

Sustainable Innovation


Scope 3
⤜ 67% of suppliers by spend will set Scope 1 and 2 Science Based Targets by 2027
⤜ 52% reduction in Scope 3 GHG emissions intensity by 2030 from a 2022 baseline
 

Circular Design
⤜ We plan to continue to engage our customers, suppliers, and other stakeholders to prioritize the reduction and elimination of problematic plastics and improve packaging sustainability, with a specific commitment forthcoming by 2025

 

Sustainable development goal #9 for industry, innovation and infrastructure
Sustainable development goal #12 for responsible consumption and production
Sustainable development goal #17 for partnerships for the goals

Planet

Sustainable Operations


Scope 1 & 2
⤜ 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2022 baseline
 

Zero Waste to Landfill
⤜ 100% zero waste to landfill for global manufacturing and distribution sites by 2040

 

Sustainable development goal #6 for clean water and sanitation
Sustainable development goal #7 for affordable and clean energy
Sustainable development goal #12 for responsible consumption and production
Sustainable development goal #13 for climate action
Sustainable development goal #14 for life below water
Sustainable development goal #15 for life on land
Carpenter working with wood.

Grow the Trades

Helping People Thrive in a Changing World

Empowering tradespeople and generating brand ambassadorship through upskilling programs.

See People Progress
A person using a leaf blower

Sustainable Innovations

Make Products That Do a World of Good

Developing responsible products and innovations that solve problems and benefit our society and the environment.

See Product Progress
Wind turbines

Sustainable Operations

Create a More Sustainable World

Taking care of our planet and communities by reducing the overall environmental impact of our operations.

See Planet Progress
Three people having a conversation

For Responsible Oversight

Ensuring Accountability to Our Shareholders

Our Board oversees and evaluates the company’s business strategy, risk management, executive compensation, cybersecurity and ESG strategy and reporting.

See Governance Progress

Our Ceaseless Pursuit of Social Responsibility

A group of people engaged in conversation during a meeting

 

We recognize that responsibility and sustainability are not just about us, but also about the business ecosystem around us, which we help to build and shape. Accordingly, we have integrated sustainability principles into our due diligence practices, for the evaluation of any and all potential business partners, suppliers and targets for acquisition.

Stanley Black & Decker employees standing in front of heavy machinery while holding a banner welcoming PALADIN and Pengo to the company

 

As we help to build the business ecosystem around us, we have integrated sustainability principles into our due diligence practices for all potential business partners, suppliers and acquisition targets. We work to bring new assets and teams up to our global standards of corporate social responsibility so that the entirety of Stanley Black & Decker remains sustainable.

Sometimes numbers speak louder than words.

See our progress.