Stanley Black And Decker
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.
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.
Industry Benchmark
Stanley Black And Decker's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stanley Black And Decker's reported carbon emissions
In 2023, Stanley Black & Decker reported significant carbon emissions, totalling approximately 16,478,955,000 kg CO2e in Scope 3, 186,614,000 kg CO2e in Scope 2, and 104,121,000 kg CO2e in Scope 1. This data highlights the company's substantial carbon footprint, particularly in Scope 3 emissions, which encompass the majority of their total emissions. The company has set ambitious climate commitments, aiming for a 100% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using a 2015 baseline. Additionally, they are targeting a 42% reduction in these emissions from a 2022 baseline by 2030. For Scope 3 emissions, Stanley Black & Decker has committed to a 52% reduction per kg of material purchased, as well as similar reductions for upstream transportation and distribution, and the use of sold products, all by 2030. These initiatives are part of their broader strategy to achieve carbon neutrality and ultimately carbon positivity, where carbon capture exceeds emissions. The company is also focused on ensuring that two-thirds of their suppliers set science-based targets aligned with a well-below 2°C scenario by 2025. Overall, Stanley Black & Decker's climate commitments reflect a proactive approach to reducing their carbon emissions and addressing climate change, aligning with industry standards and expectations for sustainability.
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| 2015 | 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 95,806,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 283,597,000 | - | 000,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Stanley Black And Decker is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
