To Our Stakeholders:
Stanley Black & Decker condemns and is deeply saddened and distressed by recent events, including brutal police actions that have led to the deaths of unarmed black men and women, such as George Floyd and others. There is no place in society for this type of racism and brutality. We are for those who demand justice, take a stand for equality and commit to inclusivity for all.
We have seen anguish and unrest resulting from racism and implicit bias, spilling out into streets across the country. The deep-rooted history of these truths is real and millions of black people in our country feel them every day. The protests across the nation occur as we all continue to be challenged by the COVID-19 pandemic that is causing loss of life, loss of employment, and the loss of a sense of security for all Americans; yet, it is a pandemic that has disproportionately affected the African American and Latino populations. This fact adds to the anger and frustration and shines a light on yet another issue that must be addressed in seeking equality and justice for all.
We stand For Those Who Make The World, our Purpose statement adopted just over three years ago. The “Those” is intended to reinforce our commitment to inclusivity for all people. Our focus on diversity and inclusion is a cornerstone of what and who we stand for. There is no place in our company for anyone who does not demonstrate this leadership principle or live by this value.
We stand to do better and be better. We know that our team and each and every one of us can contribute to creating a better world for our colleagues, customers and communities. It will take our support, informed by our employees, customers and communities, to make a difference. We intend to listen, understand and take action to do better for the African American community within Stanley Black & Decker and at large.
President and CEO
Stanley Black & Decker