At Stanley Black & Decker, our mission is clear: to build a world-class branded industrial company driven by innovation that empowers end users to solve their toughest challenges.
Our path to responsible growth in pursuit of this mission is anchored by three core imperatives: activating brands with purpose, driving operational excellence and accelerating innovation. These priorities keep us focused on delivering reliable, high-performance solutions that our end users count on to build, repair and maintain the world. In today’s environment, stakeholders also expect those solutions to be delivered responsibly—through safer products, more efficient operations and a resilient supply chain. We are integrating sustainability into how we operate and innovate because it strengthens execution, reduces risk and supports long-term value creation.
Activating Brands with Purpose
Our iconic brands represent more than tools—they are catalysts for progress. We take pride in our solutions that are designed to deliver quality, safety and productivity to our end users, while also helping to tackle the key challenges facing our industry. One of those key challenges is the critical shortage of skilled tradespeople needed to build the infrastructure for our rapidly growing world. To support closing this gap, we have contributed to numerous purpose-driven initiatives to recruit, educate and support people in the skilled trades. In 2025, we invested nearly $8 million in our DEWALT Grow the Trades program, bringing our total contributions to $27 million by the end of 2025, as we advance toward our commitment of $60 million by 2030. These efforts not only support this critical need but are also synergistic with our business strategy to amplify our brands in the industry and sustain the future of the skilled trades.
Driving Operational Excellence
Operational excellence is a mindset and a system that strengthens safety, quality, service and productivity and ensures we allocate resources to the highest-return work. We prioritize initiatives with measurable outcomes and clear payback. This discipline helps us build a resilient enterprise that can perform through environmental, economic and technological change, and it enables us to further reinvest in our brands and innovation.
As we improve efficiency across our footprint, we also reduce our environmental impact. In 2025, we further decreased our operational emissions footprint by 23% and recycled 93% of our waste. We also continued to support our suppliers in strengthening their efficiency, with 38% of suppliers now pursuing emissions reduction targets—an 8% increase over 2024. These achievements are driven by our commitment to a more resilient supply chain.
Accelerating Innovation
Our end users expect solutions that raise the bar on productivity, safety and reliability—and we are accelerating our innovation engine to exceed those expectations. We are advancing our platform approach to move faster from idea to launch, scale what works across our core technology platforms and deliver purposeful differentiation where it matters most.
Sustainability is increasingly part of what “best” means for our customers: safer products, reduced waste and more efficient use of energy and materials. In 2025, we introduced product updates and new launches within our DEWALT Perform & Protect™ line to help mitigate operational hazards. We also continued circular packaging initiatives to eliminate unnecessary plastics and increase recyclability, and we expanded electrified solutions that reduce emissions associated with on-site use of gas-powered equipment—while delivering the performance our customers demand.
Our Journey Ahead
For Stanley Black & Decker, sustainability is not a separate agenda—it is part of building a stronger company. It supports resilience in our business model and supply chain, helps us attract and develop talent and reinforces trust with customers and communities. Since becoming Stanley Black & Decker’s CEO in late 2025, I have been deeply grateful for the ongoing support of our Board of Directors, the dedication of our employees and the partnerships with our customers, suppliers and communities. Their commitment to our shared mission is essential to our progress.
Looking ahead, we are united in our pursuit of long-term value creation through operational excellence and innovation. We have clear, measurable plans embedded in our operating rhythms, and we are focused on delivering on our commitments. We will continue to invest in our people, processes and solutions ensuring that Stanley Black & Decker remains a trusted partner and industry leader. Together, we are forging a path to a future defined by performance, integrity and impact— delivering for end users and creating lasting value for all stakeholders. Thank you for your continued support.
Christopher J. Nelson
President & Chief Executive Officer