Renewable power and improving energy efficiency are the keys to unlocking a decarbonized world. Over the course of 2022, we funded more than three dozen energy efficiency projects, resulting in over 11,000 metric tons of annualized CO₂e savings.
In addition to the opening of the Hopkinsville solar array, we completed two on-site solar projects in Pune, India and Suzou, China, resulting in acombined annual reduction of 746 metric tons of CO₂e.
2022 CO₂e Reduction Projects
CO₂e Reduction Contribution by ECOSMART Project Type
Powered by the Sun
Our Industrial plant in Hopkinsville, Kentucky is now operated off 100% renewable solar energy!
“This investment in clean energy allows us to leap forward toward our shared goal of positively impacting the environment through our operations.”
Kent Shane Director of Operations
Limestone VPPA
We also finalized and operationalized our Virtual Power Purchase Agreement (VPPA) with ENGIE North America, leading to an 88-turbine wind power asset in Limestone and Navarro Counties, Texas. As part of the agreement, Stanley Black and Decker has ownership of the associated Renewable Energy Certificates (RECs). The RECs are an integral part of our GHG emissions reduction plan.
88
wind turbines
205K
MWhs
delivered annually*
~80-90K
metric tons
of CO₂e avoided annually*
12
long-term
local jobs created
$40M
over the project life
for Coolidge and Dawson Independent School Districts
$15M
in tax revenue
to Limestone and Navarro Counties over the project life
* Stanley Black & Decker Share of the Project
Energy Audits are Identifying New Opportunities
Regular energy audits monitor and evaluate how electricity is used in our buildings and facilities while also identifying new areas where we can eliminate waste and correct inefficiencies. At least one year’s worth of electrical data is captured to help us understand how to make these improvements. So far, these audits have resulted in significant reductions in wasted energy at our facilities and discovered new opportunities to continue our progress.
