Innovate with Purpose
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 2030graph for stanley black & decker's 2030 goal to enhance the lives of 500 million people by 2030
2020 Cumulative Lives Enhanced Breakdownchart of stanley black & decker's 2020 cumulative lives enhanced breakdown
2020 Progress to a More Sustainable Supply Chainchart of stanley black & decker's 2020 progress to a more sustainable supply chain
2020 Packaging Breakdown by Spendchart of stanley black & decker's 2020 packaging breakdown by spend
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%.