Our Supplier Handbook
We are committed to creating a more sustainable world, and that includes our supply chain performance and the sustainability and social accountability performance of our suppliers.
Our supplier handbook outlines how we want to work with our suppliers and to support this, we’ve developed our global Supplier Sustainability and Social Accountability manual. This sets out the minimum standards for our suppliers and the ethical operation of our supply chain.
It includes the following key areas:
- Employment Conditions including compensation, working hours, child labor, forced and prison labor, basic worker’s rights, discrimination and disciplinary practices.
- Workplace Conditions including protective equipment, safe working equipment and environment, machine guarding emergency exits, dormitory safety and location and lifting equipment requirements.
- Environmental Requirements including compliance with legislation relating to our products such as EU RoHS Directive and REACh Regulations, US Proposition 65, attainment of ISO.
- 14001 accreditation and legal perspectives including contractual requirements.
- Right of Inspection setting out Stanley Black & Decker’s desire to audit our suppliers against these requirements.
- Sustainability requirements including targeting setting on waste, energy and emission reduction.
- Trade Compliance including requirements ensuring all products shipped are accurately marked or labeled with the country of origin in compliance with applicable laws including those of the country of manufacture, and that all shipments are accompanied by the requisite documentation issued by the proper governmental authorities, including but not limited to Form A’s, import licenses, quota allocations and visas, and shall comply with orderly marketing agreements, voluntary restraint agreements and other such agreements in accordance with applicable law.
Stanley Black & Decker has the right to audit our suppliers as necessary. Suppliers are rated using a color scheme that determines an action plan.
- Green: Indicates a fully approved supplier audited every three years.
- Yellow: Indicates a supplier has some violations that require corrective action. The supplier is given one year to improve before re-audit is conducted. A corrective action plan must be produced within 30 days of the initial audit date.
- Orange: Indicates a supplier has high-risk violations that require immediate corrective action. The supplier is given 180 days to improve and a corrective action plan must be produced within 30 days of the initial audit date.
- Red: Indicates a supplier has business critical violations. This supplier may be removed from our business relationship for one year and will be reassessed before reusing.