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.”
President & Chief Executive Officer
Our ESG Strategy
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
⤜ 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
⤜ 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
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
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
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.
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.
World’s Most Admired Companies
Perfect Score Corporate Equality Index
World's Best Employers
Workplace For Innovators
Best Corporate Citizens
Dedication to Workforce Welfare
Best Companies For Latinos To Work
Sometimes numbers speak louder than words.
See our progress.