Metrics

GRI Index

GRI General Disclosures

GRI Material Issue GRI
Disclosure
Full or
Partial
Disclosure
Disclosure & Brief Description of Management Approach
GRI Material Issue
Organization Name 102-1 Full Stanley Black and Decker Inc.

10-K Pg. 1
Activities, brands, products & services 102-2 Full The Company is a diversified global provider of hand tools, power tools and related accessories, engineered fastening systems and products, services and equipment for oil & gas and infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and automatic doors.

10-K Pg. 3
HQ Location 102-3 Full 1000 Stanley Drive, New Britain, CT 06053

10-K Pg. 3
Location of Operations 102-4 Full SBD is a global organization. A list of countries in which SBD operates is included in Exhibit 21 of the 10-K.

10-K Exhibit 21
Nature of Ownership and Legal Form 102-5 Full Publicly held corporation

10-K Pg. 1
Markets served 102-6 Full Global markets professional and consumer tools; security products and maintenance including healthcare applications; and infrastructure applications ranging from fasteners to attachments.

10-K Pg. 3
Scale of the organization 102-7 Full Global presence with approximately 53,100 employees and ~150 manufacturing and distribution locations. In 2020 SBD had consolidated annual revenues of $14.5 billion.

10-K Pg. 7
Information on employees & other workers 102-8 Partial As of January 2, 2021, the Company had approximately 53,100 employees in over 60 countries, approximately one-third of whom were employed in the U.S. In addition, the Company had approximately 10,500 temporary contractors globally, primarily in operations. The workforce is comprised of approximately 68% hourly-paid employees, principally in manufacturing, distribution center and security monitoring operations, and 32% salaried employees. Women represent approximately 31% of the global workforce. As stated in the Company's Equal Employment Opportunity reporting to the U.S. government, in the U.S., approximately 33% of employees are racially or ethnically diverse.

10-K Pg. 7

ESG Report "Commitment to Gender Parity"
Supply chain description 102-9 Full The Company’s products are manufactured using resins, ferrous and non-ferrous metals including, but not limited to, steel, zinc, copper, brass, aluminum and nickel. The Company also purchases components such as batteries, motors, and electronic components to use in manufacturing and assembly operations along with resin-based molded parts. The raw materials required are procured globally and generally available from multiple sources at competitive prices.

10-K Pg. 6
Significant changes to the organization & supply chain 102-10 Full In recent years, the Company completed the acquisitions of Consolidated Aerospace Manufacturing, LLC ("CAM") for approximately $1.4 billion, International Equipment Solutions Attachments Group ("IES Attachments") for approximately $654 million, Nelson Fastener Systems ("Nelson") for approximately $424 million, the Tools business of Newell Brands ("Newell Tools") for approximately $1.8 billion, and the Craftsman® brand from Sears Holdings Corporation ("Sears Holdings") for an estimated cash purchase price of approximately $937 million on a discounted basis.

10-K Pg. 3
Precautionary Principle 102-11 Full The precautionary principle is incorporated into SBD's company-wide EHS Management System and is the basis for SBD's expectations contained within the EHS RoadMap and CSR Strategy. SBD follows the precautionary principle in all of its dealings. This is reflected throughout the EHS Management System as it lays out roles and responsibilities for all SBD employees and leaders.

SBD EHS MS
External Initiatives 102-12 Full UN Global Compact (2020), Paradigm for Parity (2020), CEO Action for Diversity and Inclusion (2020), Greentown Labs (2020), Governor's Council on Climate Change (2019), Carbon Upcycling Technologies (2020), Renewable Thermal Collective (2020), UN Equal Everywhere (2020), Ellen G. MacArthur Foundation (2019), BASF Circularity Challenge (2019), Discovery Education (2018), Science Based Targets Initiative (2018), Techstars (2018), Call2Recycle (1994) (see exhaustive list)

Endorsements and Memberships
Membership & associations 102-13 Full CECP, World Economic Forum, UN Foundation, Business Roundtable, Wall Street Journal CEO Council, Fortune CEO Initiative, Business Higher Education Forum, National Manufacturer's Association, European Power Tool Assoication, AHAM Home Appliances, OPEI Outdoor Power Association, Industry Council for Electronic Recycling, Sustainable Brands (see exhaustive list)

Endorsements and Memberships
Strategy 102-14 Full The Company continues to execute a growth and acquisition strategy that involves industry, geographic and customer diversification to foster sustainable revenue, earnings and cash flow growth. The Company remains focused on delivering above-market organic growth with margin expansion by leveraging its proven and long-standing Stanley Black & Decker Operating Model (“SBD Operating Model”). The Company will leverage the SBD Operating Model to continue making strides towards achieving its vision of delivering top-quartile financial performance, becoming known as one of the world’s leading innovators and elevating its commitment to social responsibility.

10-K Pg. 3
Ethics & Integrity 102-16 Full SBD's core values are ethics and integrity. Several mechanisms are in place to operationalize these values including an integrity hotline that can be used anonymously. SBD fosters a culture that supports people speaking up, sharing ideas and voicing concerns safely and constructively.

SBD Code of Business Ethics
Governance 102-18 Full The Board is designed to provide independent oversight of the company and management to establish and review progress on short-term and long-term business strategy, enterprise risk management, executive compensation, and corporate social responsibility and governance. This framework ensures accountability to our shareholders through governance policies aligned with best practices.

Proxy
Stakeholder engagement 102-40 Full During 2020, SBD had routine interaction with shareowners representing approximately 65% of outstanding shares to engage on a broad range of corporate governance matters including COVID-19 response, board refreshment, composition and structure, shareholder rights, risk management, human capital management, sustainability, diversity and inclusion, innovation and strategy, and executive compensation. In addition, in 2020 SBD ran an employee survey and followed up with several spot-surveys to assess employee engagement in a distributed work model. SBD also continued engaging with its external CSR advisory board and members of other organizations in diclosure on sustainability and ESG matters (See GRI Disclosure 102-13).

Proxy

ESG Report home
Collective bargaining agreements 102-41 Full Nearly 1,400 U.S. employees (or 2.6%) are covered by collective bargaining agreements dispersed among 28 different local labor unions, and a majority of European employees are represented by workers councils.

10-K Pg. 7
Identifying & selecting Stakeholders 102-42 Full SBD's stakeholder groups are defined by our strategy, our markets, our customers, and our strategic priorities.

Proxy

ESG Report home
Approach to Stakeholder engagement 102-43 Full The Company believes its commitment to quality, safety and sustainability enables its vision to be the type of uniquely humancentered global industrial company that strives to keep every stakeholder in mind and the Company’s values, operating model and oversight of its human capital support this purpose. SBD engages its stakeholders through Board discussion, employee surveys, customer feedback, an external CSR advisory panel, and routine discussions with investors.

Proxy

ESG Report "Diversity, Equity and Inclusion"
Key topics & concerns raised 102-44 Full The feedback we received from shareholders was evaluated by management and the Board, and the input has enabled us to better understand our shareholders’ priorities and improve our governance practices. We continually incorporate shareholder feedback into the review of our governance practices, and we have clarified certain disclosures relating to our compensation program, among other matters, as a result of our engagement process. Employee engagement was very strong particulary through the summer of 2020, as unrest was prevalent in some of the communities where SBD has a presence. As a result of employee feedback through CEO-led listening sessions, a roadmap of 10 Actions to create racial equity at SBD was created. CEO-led listening sessions focused on how the pandemic impacted women led to additional engagements with promoting diversity, equity, and inclusion including a new commitment to achieve 50/50 gender parity in leadership by 2030.

Proxy

ESG Report "Policies Aligned with Shareholders"
Reporting practice 102-45 Full All entities included in SBD's 10-K published in February 2021 are included in the GRI report. A list of subsidiaries of SBD are included in Exhibit 21 to the Form-10K.

10-K Exhibit 21
Process for defining boundaries & content 102-46 Full In 2016, SBD undertook an externally-led materiality assessment that highlighted topics material to the organization. Assumptions and analysis are revisited annually as part of our internal CSR strategic plan to incorporate items such as new products, locations, and markets. SBD plans to undertake another externally-led materiality assessment in 2021 to incorporate progress on its CSR strategy and changes in external trends.

Connecting Materiality to CSR Strategy
Material Topics 102-47 Full A list of material topics is included in our Materiality Analysis.

Connecting Materiality to CSR Strategy
Restatements of Information 102-48 Full For each year, results reflect current company business structure and applicable discontinued operations. 2016-19 data include estimates for our CAM business based on best available information.

ESG Report "Sustainabiilty Scorecard"
Changes in Reporting 102-49 Full There are no significant changes from previous reporting periods in the list of material topics or topic boundaries.

Connecting Materiality to CSR Strategy
Reporting Period 102-50 Full SBD reports on a calendar year cycle; this GRI Report is for Year 2020.

10-K
Date of most recent Prior Report 102-51 Full April 2020.

2019 Year In Review
Reporting cycle 102-52 Full Fiscal year ending Jan 2, 2021. Annual reporting cycle.

10-K
Contact point for questions 102-53 Full Dennis Lange - Vice President, Investor Relations
Cort Kaufman - Director, Investor Relations
Investorrelations@sbdinc.com

10-K
GRI Claim 102-54 Full This report has been prepared in accordance with the GRI Standards: Core option.

ESG Report "About This Report"
GRI Content Index 102-55 Full This GRI Content Index was prepared to support our transparency and disclosure efforts within the CSR 2030 Strategy and has been prepared in accordance with the GRI Standards: Core option.

ESG Report "Metrics and Indicators"
External Assurance 102-56 Full SBD has its reported data externally assured by Trucost.

2019 Assurance Statement

GRI Topic Specific Disclosures

Material Issue GRI
Disclosures
Full or
Partial
Disclosure
GRI 103-Management Approach KPI
Material Issue 
Customer Satisfaction N/A N/A SBD brands are a meaningful part of people’s lives, from professionals to tradespeople to do-it-yourselfers. SBD works with brand partners to extend the power and impact of its brands to their fans and audiences around the globe.

Our Brands
2020 consolidated annual revenues of $14.5 billion.

10-K page 3
Product Safety 416-1 Full SBD's businesses follows quality policies consistent with ISO9001 that requires third-party approval demonstrating safety. Organizations including Underwriter’s Laboratories (UL), CSA, DEKRA and VDE are used for these approvals. There are a few exemptions for low risk products such as flashlights. In those cases, safety tests and design requirements are met and documented internally.

Product Safety and Marketing
$0, 100%

10-K, page 21 Risk Factors
Innovation N/A (a) N/A Breakthrough innovation inspires SBD's employees and will shape the future. SBD has an innovation ecosystem and is cultivating an innovation culture to realize the vision to become known as one of the world’s great innovators. SBD has applied advanced technologies to its products, processes and business models. SBD's ecosystem harnesses the potential of internal and external resources through collaborative relationships with entrepreneurs, academic institutions, research labs and others.

How We Innovate
Long-term potential to generate annual revenue in excess of $100 million.

How We Innovate
Responsible Business Practices 205-1
206-1
307-1
413-1
205-1,
206-1,
307-1 - Full;
413-1 - Partial - Limited Data
SBD's Code of Business Ethics reinforces the values and principles of the organization, and SBD policies and procedures provide more specific guidance on the proper way to comply with standards and to complete many tasks. All employees are expected to know, understand and follow this Code and polices, with no exceptions. Our Code applies to all employees, officers, directors, contractors, vendors and suppliers. Managers and board members annually acknowledge their understanding of this Code and its tenets. SBD's reputation, culture and values are important to its success; any violations of the Code, or the law, will result in disciplinary action, up to and including termination. In as much as ISO 14001 certification requires stakeholder & community engagement, SBD's EHS Management System and the pursuit of ISO certification, require our sites to conduct stakeholder & community outreach as outlined in 413-1.

SBD Code of Business Ethics
205-1 - SBD retained a leading global law firm to conduct an assessment of our anti-bribery program’s effectiveness, and the Compliance Department is making continuous improvements to SBD’s policies, procedures, and controls in response to the assessment recommendations. To further understand and mitigate the risk of bribery and corruption, SBD’s Compliance Department plans to conduct a global risk assessment in 2021 that will cover all SBD entities and regions globally. In terms of known risks- as a global company, SBD sells products into markets that are rated medium and high for corruption on the Transparency.org corruption perception index. Many of our products are sold by distributors acting on SBD’s behalf- sometimes in the aforementioned higher risk regions. Additionally, SBD sells products to governments and government-owned entities both directly and through distributors. These risks are mitigated through our Code of Business Ethics, ABAC-related contractual language , third party due diligence, and training.
206-1 - 0.
307-1; The Engineered Fastenings facility in Danbury, CT, had a release of a reportable quantity of water mixed with coolant to a surface water body. Any fines and penalties for the event have not yet been settled with US EPA. The spill was remediated at the time it occurred by removal and offsite disposal.
413-1- 65% of SBD locations hold external ISO certifications.

ESG Report "Sustainability Scorecard"
Customer Privacy 418-1 Partial - Limited Data SBD has implemented reasonable technical, administrative and physical measures designed to protect the personal information in SBD's custody or control from unauthorized access, use, modification and disclosure. The SBD store accepts orders only from Web browsers that permit communication through Secure Socket Layer (SSL) technology, which encrypts information during transmission.

Privacy Policy
0

N/A
Responsible Marketing 417-1 Full SBD partners with suppliers to maintain a world-class, integrated supply chain, supporting their pursuit of continuous improvement and operational excellence. SBD expects suppliers to meet the highest standards of quality, ethics and sustainability as outlined in the Stanley Black & Decker Supplier Handbook.

Supplier Handbook
100% of new suppliers were evaluated in 2020; 174 suppliers had onsite evaluations.

Responsible Sourcing
Health & Safety/Wellbeing 403-1
403-9
Full The Company’s Environmental, Health, and Safety (“EHS”) Management System Plan describes the core elements of health and safety responsibility and accountability, including policies and procedures, designed in alignment with global standards, the Company’s Code of Business Ethics, applicable law and individual facility needs. Health and safety requirements apply to all employees and operating unit locations worldwide, including all manufacturing facilities, distribution centers, warehouses, field service centers, retail, office locations and mobile units, as well as to the Company's subsidiaries and joint ventures (in which the Company exercises decision making control over operations).

SBD EHS MS
65% certified to EHS-CSR related ISO standards
2020 TRIR = 0.48 (-25% YOY)
2020 LTIR = 0.17 (-21% YOY)

ESG Report "Sustainability Scorecard"
Employee Engagement 401-1
404-2
Partial SBD strives to create a culture of diversity, equality, and inclusion that unlocks human potential and uncovers the key drivers of a workplace in which everyone can advance and thrive. The Company is executing initiatives across the global workforce designed to foster an inclusive workplace and facilitate equitable career development opportunities.

10-K Pg. 7
401-1 - As of January 2, 2021, the Company's CEO and his direct staff reside in the U.S. and are comprised of 27% women and 20% of the CEO and his direct staff are racially or ethnically diverse. Women represent approximately 31% of the global workforce. As stated in the Company's Equal Employment Opportunity reporting to the U.S. government, in the U.S., approximately 33% of employees are racially or ethnically diverse.
404-2 - In 2020, SBD reported 3,375 SBD employees that were upskilled to address changing technologies.

10-K Pg. 7

ESG Report, "Empower Makers"
Restricted & Hazardous Substances 301-1 Partial SBD's CSR Strategy Innovate Products with Purpose focuses on ensuring improved sustainability within all product lifecycles by incorporating ground-breaking circular design and processes including everything from material selection to operation to end-of-life considerations.

Innovate with Purpose
85% recyclable/compostable paper-based packaging
11% non-reusable, non-recyclable, non-compostable plastic based packaging
4% recyclable plastic-based packaging
123 million pounds of batteries reclaimed since 1994.

ESG Report "Circular Design"
Supply Chain Responsibility 308-1
414-1
Full SBD transmits its Sustainability knowledge and business principles to Suppliers by developing Sustainable Product Roads. The Supplier Sustainability Audit Process and training program go hand in hand with SBD's EHS principles through which Suppliers are able to assess their position on the Sustainability road and gain the tools necessary in eliminating waste and continuously improving their business processes.

Supplier Handbook
100% of new suppliers assessed against social and environmental criteria.

Supplier Handbook
Waste 306-1
306-3
306-4
306-5
Partial; Target established SBD continues on a path toward achieving zero waste to landfill (ZWTL) across daily, direct operations (one-off construction and other events may be excluded). SBD practices waste minimization, reuse and recycling in all instances.

Create A More Sustainable World
87% diverted from landfill; 13% Landfilled
4,129 mt hazardous waste disposed

ESG Report, "Sustainability Scorecard"

2019 Assurance Statement
Localization and Partnerships 204-1 Partial SBD provides high quality, reliable solutions and products, and has been since 1843. SBD serves the makers and creators, the builders and shapers. Part of this service means supporting local communities and employees in local jurisdictions. SBD has a strong focus on “Make Where We Sell” in order to further this commitment.

Make Where We Sell
Data not aggregated company-wide

Partial - data not aggregated company-wide
Global Diversity and Non-Discrimination 405-1
406-1 – Partial – no data
Partial The Company's management Executive Committee, Board of Directors and workforce are dedicated to diversity, equity and inclusion and work to ensure that all employees feel valued, heard and are positioned to succeed. The Company strives to create a culture of equality that unlocks human potential and uncovers the key drivers of a workplace in which everyone can advance and thrive. The Company is executing initiatives across the global workforce designed to foster an inclusive workplace and facilitate equitable career development opportunities. The Company has nine employee resource groups ("ERGs") with more than 90 local chapters across the globe. These ERGs are formed around various dimensions of diversity and participation across groups is encouraged. The ERGs include Abilities (including cognitive, social-emotional, and physical abilities), African Ancestry, Asian Heritage, Hispanic/Latinx, Developing Professionals, Pride & Allies (LGBTQ+), Veterans, Women, and Working Parents.

10-K
As of January 2, 2021, the Company's CEO and his direct staff reside in the U.S. and are comprised of 27% women and 20% of the CEO and his direct staff are racially or ethnically diverse. Women represent approximately 31% of the global workforce. As stated in the Company's Equal Employment Opportunity reporting to the U.S. government, in the U.S., approximately 33% of employees are racially or ethnically diverse.

10-K, Human Capital Management Page 7
Air Pollution 305-1:5 Full By 2030, SBD plans to have reduced operational carbon emissions to zero and eliminate additional emissions through means of carbon capture, such as carbon removal technologies.

Create A More Sustainable World
Scope 1: 118,711 mt CO2e
Scope 2: 148,621 mt CO2e (market-based)
Scope 3: 9,604,959 mt CO2e
Emissions Intensity: 2.47 mt CO2e/thousand hours worked
Emissions Reductions: 24% (Scope 1+2 YOY reduction)

2019 Assurance Statement

ESG Report "Sustainability Scorecard"

2019 Scope 3 Emissions
Water 303-1
303-3
303-5
Partial SBD aims to use water sustainably in all of its operations. SBD's focus is on identifying water risks and setting context-based targets that address site-specific concerns in each river basin, a key consideration due to localized water availability and risk.

Create A More Sustainable World
Total withdrawals 442,385,442 gallons
Total use 442,385,442 gallons (including process, non-contact & sanitary)
In 2020 our water use decreased, we attribute this to the decrease in sanitary water used related to stay at home COVID restrictions placed on SBD employees.

2019 Assurance Statement
Climate Change 305-1:5 Full By 2030, SBD plans to have reduced operational carbon emissions to zero and eliminate additional emissions through means of carbon capture, such as carbon removal technologies.

Create A More Sustainable World
Scope 1: 118,711 mt CO2e
Scope 2: 148,621 mt CO2e (market-based)
Scope 3: 9,604,959 mt CO2e
Emissions Intensity: 2.47 mt CO2e/thousand hours worked
Emissions Reductions: 24% (Scope 1+2 YOY reduction)

2019 Assurance Statement

ESG Report "Sustainability Scorecard"

2019 Scope 3 Emissions
Socioeconomic Development 203-2
413-1
Partial SBD has an expectation that all operations engage in the communities and markets they are part of; this is incorporated into SBD's CSR Strategy Empower Makers and incorporated into site-specific expectations and measurements around community engagement. SBD also engages as a corporation in the global community including actively addressing two significant issues in 2020; the COVID-19 pandemic, and racism & brutality globally and in the US in particular. SBD published a Statement of Solidarity along with a 10-point action plan to address racism & brutality, and created an Executive Safety Committee to lead the company's policy, internal, and outreach actions during the Pandemic.

ESG Report "Diversity, Equity, and Inclusion"

3 Million masks distributed to during the pandemic
$10M contributions to pandemic relief efforts
10-point action plan on gender and racial parity

ESG Report "Empowering Our People"

ESG Report "Diversity, Equity, and Inclusion"
Philanthropy and Volunteerism N/A N/A The diverse, purpose-driven people of Stanley Black & Decker share a unified passion for creating products, tools and solutions for those who make the world. Wherever you go in our company, you’ll find uncompromised devotion to performance, innovation, customer satisfaction and social responsibility.

Our Culture
In 2019, Stanley Black & Decker donated $7 Million to nonprofits around the world.

ESG Report "Sustainability Scorecard"

2019 Philanthropy Report