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Machinery and Equipment
US
updated 3 months ago

Stanley Black And Decker Sustainability Profile

Company website

Stanley Black & Decker, a leading global provider of tools and storage solutions, is headquartered in the United States. Founded in 1843, the company has established itself as a key player in the industrial and consumer goods sectors, with significant operations across North America, Europe, and Asia. The company is renowned for its diverse range of products, including power tools, hand tools, and home improvement solutions, which are distinguished by their innovation and durability. Stanley Black & Decker's commitment to quality has earned it a strong market position, making it a trusted name among professionals and DIY enthusiasts alike. With a rich history marked by key milestones, such as the acquisition of DeWalt and Craftsman, Stanley Black & Decker continues to lead the industry, driving advancements in technology and sustainability.

DitchCarbon Score

How does Stanley Black And Decker's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

82

Industry Average

Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

25

Industry Benchmark

Stanley Black And Decker's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Stanley Black And Decker's reported carbon emissions

In 2024, Stanley Black & Decker reported total greenhouse gas emissions of approximately 5,000,000,000 kg CO2e, comprising 101,044,000 kg CO2e from Scope 1, 290,890,000 kg CO2e from Scope 2, and 4,468,268,800 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline. Additionally, they are targeting a 52% reduction in Scope 3 emissions from purchased goods and services, upstream transportation and distribution, and the use of sold products, all within the same timeframe. Stanley Black & Decker's climate strategy includes a commitment to ensure that two-thirds of their suppliers have set Science Based Targets for Scope 1 and 2 emissions by 2025. The company also aims for zero waste to landfill in its global manufacturing and distribution sites by 2040. Their long-term goal includes achieving carbon positivity, where carbon capture exceeds emissions, by 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to reducing its carbon footprint in line with global climate goals.

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201520172021202220232024
Scope 1
95,806,000
-
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
283,597,000
-
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

How Carbon Intensive is Stanley Black And Decker's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Stanley Black And Decker's primary industry is Machinery and Equipment, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Stanley Black And Decker's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Stanley Black And Decker is in US, which has a low grid carbon intensity relative to other regions.

Stanley Black And Decker's Scope 3 Categories Breakdown

Stanley Black And Decker's Scope 3 emissions, which decreased by 15% last year and increased by approximately 41% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
64%
Use of Sold Products
33%
Upstream Transportation & Distribution
3%

Stanley Black And Decker's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Stanley Black And Decker has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Stanley Black And Decker's Emissions with Industry Peers

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Frequently Asked Questions

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