Innovate with Purpose

manufacturing machinery moving dewalt products at the stanley black & decker manufacturing facility in charlotte, nc

Groundbreaking innovations and a continual stream of novel solutions have driven our success and will continue to do so. We harness our strengths to develop new products and services that fulfill critical societal needs and help to create a better world for us all.

Our 2030 Goals for Innovate with Purpose

Enhance the Lives of 500 Million People by 2030

graph for stanley black & decker's 2030 goal to enhance the lives of 500 million people by 2030 2030 500,000,000 Sustainable Innovation from Within Sustainable Innovation Through Collaboration Lives Enhanced Year 2018 2019 2020 206,539 8,875,052 169,530

2020 Cumulative Lives Enhanced Breakdown

chart of stanley black & decker's 2020 cumulative lives enhanced breakdown 5,150,640 215,550 32,029 11,184 11,392 Ford/3M/DEWALT Powered Air Purifying Respirator (PAPR) 454,257 Graco Cordless 
Disinfectant Sprayer Arbutus Medical Drill 3,000,000 Cartridges for COVID-19 Tests Cordless Roofing Nailer NADI™ Smart Solar Pump Other

2020 Progress to a More Sustainable Supply Chain

chart of stanley black & decker's 2020 progress to a more sustainable supply chain 2020 2025 Goal 16% 66.7% 100%

2020 Packaging Breakdown by Spend

chart of stanley black & decker's 2020 packaging breakdown by spend 85% 11% 4% Recyclable/CompostablePaper-Based Non-Reuseable, Non-Recyclable, Non-Compostable Plastic-Based Recyclable Plastic-Based
ellen macarthur foundation logo on top of the packaging breakdown chart

Actions to Goals

Address Unmet Societal Needs
Deliver “Innovation with Purpose” projects that enhance the lives of 500 million people.

Embrace Circular Design
Design products for circularity across material selection, use and end-of-life considerations, with a near term goal of 100% reusable, recyclable or compostable packaging by 2025.

Achieve a More Sustainable Supply Chain
Work with suppliers to achieve superior social and environmental performance. By 2025, two-thirds of our supply chain by spend will develop science-based Scope 1 and Scope 2 targets. By 2030, we’ve committed to reducing our absolute Scope 3 emissions by 35% compared to a 2017 baseline. This means all new growth from 2017 on will need to be emissions free in addition to reducing the emissions associated with our 2017 sales volume by 35%.