Metrics and Indicators
Being goal oriented, in 2016, we set ambitious sustainability performance goals for 2020. By mid-year, we had already met all of our 2020 targets and set about launching new interim goals along our path
At first, we considered 2025 goals, but quickly revised that to 2023 targets in recognition of the rapidly changing business environment and ability and motivation of our engaged and talented workforce, the people of Stanley Black & Decker.Download the 10-K Download the Proxy
We completed a thorough materiality assessment in 2016. We will conduct a further data-driven materiality assessment in 2021, to establish an understanding of where the company is today by market standards for sustainability, as well as inform our existing 2030 CSR Strategy.
We have added Sustainability Accounting Standards Board (SASB) disclosures as an enhancement to our existing GRI-based sustainability reporting. SASB Standards identify the subset of Environmental, Social and Governance (ESG) issues most relevant to financial performance in each of 77 industries. Stanley Black & Decker discloses performance based on alignment to the Appliance Manufacturing, Electrical and Electronic Equipment Manufacturing, and Industrial Machinery and Goods Manufacturing standards.
Stanley Black & Decker has completed a GRI Index to align with standardized sustainability reporting provided by the GRI principles. 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.
UN Global Compact Index
Joining the United Nations Global Compact in March 2020 has enhanced our sustainability strategy. The Global Compact is a call to companies everywhere to align their operations and strategies with 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption.
This index describes our commitment and actions including the location of relevant content in our reporting, and our reports, documents and policies that govern our company and put our values into action. Qualitative and quantitative measurements of our targets and performance indicators are included within applicable links contained within this index. Our actions to advance the Sustainable Development Goals (SDG's) are also included within applicable links contained within this index.
UN Global Compact Index
Stanley Black & Decker is committed to setting strategic targets and managing our business to deliver on environmental, social and governance (ESG) principles and performance. Our ESG policies are disseminated widely across our global enterprise and available to