NEW BRITAIN, Conn., Oct. 4, 2017 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) has been selected as a component of the Dow Jones Sustainability Index (DJSI) for North America for the seventh consecutive year. Stanley Black & Decker's overall score placed the company in the 86th percentile of the DJSI, up from 83rd last year.
"At Stanley Black & Decker, we recognize that we have a broader role to play in bettering our society. To us that means incorporating social responsibility into the day-to-day strategy and operations of our business so we all collectively win," said Stanley Black & Decker's President and CEO Jim Loree. "We are honored to be recognized by the Dow Jones Sustainability Index for the seventh consecutive year. It's truly a reflection of the commitment of our 55,000 employees around the globe. They all want to make the world a better place by making our company more sustainable and I couldn't be prouder of the team."
The DJSI measures performance on more than 600 different data points in 22 different categories, including environmental stewardship, human rights, corporate philanthropy and much more. To be selected for the Index, companies undergo a thorough analysis of company-wide economic, environmental and social performance, assessing issues such as corporate governance, risk management, customer relationship management, product stewardship, supply chain standards and labor relations.
Stanley Black & Decker matched the highest score within the Machinery & Electrical Equipment sector for Corporate Governance and Climate Strategy, and delivered within the highest percentile in Corporate Governance, Climate Strategy and Talent Attraction & Retention. Most improved results noted in Innovation Management, Product Stewardship and Talent Attraction & Retention.
Companies are selected according to a systematic assessment that identifies the sustainability leaders in each of 57 industries. The research methodology for the Index includes general and industry-specific sustainability trends. Corporations are evaluated based on a variety of criteria including climate change strategies, energy consumption, human capital development, knowledge management, stakeholder relations and corporate governance.
About Stanley Black & Decker
Stanley Black & Decker, an S&P 500 and FORTUNE 500 company, is the world's leading provider of tools and storage, the world's second-largest commercial electronic security company, and a leading engineered fastening systems provider, with unique growth platforms in the Oil & Gas and Infrastructure industries. Well-known brands include: STANLEY, BLACK+DECKER, DEWALT, Porter-Cable, Bostitch, Facom, Mac Tools, Proto, Vidmar, Lista, and more. Learn more at http://www.stanleyblackanddecker.com.
About Dow Jones Sustainability Indices
The DJSI family is offered cooperatively by RobecoSAM Indices and S&P Dow Jones Indices. The family tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. The DJSI for North America launched in September 2005 and reviews the top 20% of the 600 largest companies in the United States and Canada in terms of economic, environmental, and social criteria.
Vice President of Public Affairs