Responsible Sourcing

Responsible Sourcing

Sustainability in
Our Supply Chain

Stanley Black & Decker is committed to conducting business with the highest ethical standards. And that’s never been more important than in today’s competitive and rapidly changing global business climate.

We’re actively working to make the world more sustainable through our innovative products and services. Through our work, we aim to improve the positive, societal impacts of our products across their lifecycle, including design, use and end of life.

Our commitment to sustainability is also embedded into our supply chain. We partner with our suppliers to maintain a world-class, integrated supply chain, while supporting their pursuit of continuous improvement and operational excellence. At the same time, we expect our suppliers to meet the highest standards of quality, ethics and sustainability as outlined in our Stanley Black & Decker Supplier Handbook.

SUPPLIER DIVERSITY/SUPPLIER SUSTAINABILITY

We’re working to make sure our our raw materials, finished goods, components and services come from suppliers that meet our evolving sustainability criteria. Our goals include reducing supply chain emissions by 35% by 2030. Learn more about our supplier diversity/supplier sustainability efforts

SUSTAINABLE SUPPLY CHAIN

We aspire to source our raw materials, finished goods, components and services from suppliers that meet our evolving sustainability criteria. We are committed to working with our suppliers of products, goods and services to reduce supply chain emissions by 35% by 2030. In 2018, 100% of new suppliers in China and India were assessed for adherence to our social and environmental expectations.

 

Supplier Sustainability Audits

 

Supply Chain Emission Reductions

 

CDP Participation

Code of Business Ethics

This code applies to all of us – employees, officers, directors, contractors, vendors and suppliers. Our managers and board members annually acknowledge their understanding of this code and its tenets. Learn more about our Code of Business Ethics

Documents

For suppliers doing business with us, please read or download the following:

 

CALIFORNIA TRANSPARENCY IN SUPPLY CHAIN ACT

Stanley Black & Decker is actively committed to eradicating human trafficking and slavery from its supply chain.

CONFLICT MINERALS

Stanley Black & Decker is committed to taking all reasonable steps to comply with the legislation and has begun the process of determining where conflict minerals exist without our supply chain.

MODERN SLAVERY TRANSPARENCY STATEMENT

This statement summarizes steps taken by the U.K. subsidiaries of Stanley Black & Decker, Inc to insure that modern slavery and human trafficking in any form is not taking place in our organization, supply chains or in any part of our business.

SUPPLY CHAIN SPEND ANALYSIS

We partner with our suppliers to maintain a world-class, integrated supply chain, while supporting their pursuit of continuous improvement and operational excellence.

ESG INTEGRATION IN SUPPLY CHAIN MANAGEMENT STRATEGY

We’re working to make sure our raw materials, finished goods, components and services come from suppliers that meet our evolving sustainability criteria.

SUPPLIER HANDBOOK

This document communicates our standards and expectations to our potential and existing suppliers, it relays our culture and values, informing on Commercial Guidelines featuring the Supplier Code of Conduct and Operating and Design Guidelines defining quality requirements. The Handbook strengthens the communication and direction between Stanley Black & Decker and its supply base.

PROCUREMENT POLICY

Responsible expenditure of Stanley Black and Decker funds requires the proper consideration of price, quality, reliability, and data security, as well as consistent service and delivery terms.