Fastenal
Fastenal Company, commonly known as Fastenal, is a leading distributor of industrial and construction supplies, headquartered in the United States. Founded in 1967, the company has established a strong presence across North America and beyond, with operations extending into Europe and Asia. Fastenal is renowned for its extensive inventory of fasteners, tools, and safety products, catering to a diverse range of industries. With a commitment to innovation, Fastenal has developed unique services such as vending solutions and inventory management systems, setting it apart in the competitive marketplace. The company has achieved significant milestones, including a robust network of over 3,200 locations, solidifying its position as a key player in the industrial supply sector. Fastenal's dedication to customer service and product availability continues to drive its success and growth in the industry.
DitchCarbon Score
How does Fastenal'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 Business Services 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
Fastenal's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fastenal's reported carbon emissions
In 2023, Fastenal reported total greenhouse gas emissions of approximately 130,852,000 kg CO2e for Scope 1 and 2 combined. This figure reflects their ongoing commitment to transparency in emissions reporting. In 2021, their emissions were about 183,147,000 kg CO2e, indicating a significant reduction in emissions over the two-year period. Fastenal has set ambitious climate commitments, including a target to achieve net zero emissions by 2050. Additionally, they aim to reduce their Scope 2 emissions intensity by 45% by 2030, using 2021 as the baseline year. This near-term target demonstrates their proactive approach to mitigating climate impact. The company’s emissions data highlights their focus on Scope 1 and 2 emissions, which accounted for 132,879,000 kg CO2e and 39,077,000 kg CO2e, respectively, in 2022. Fastenal's commitment to reducing emissions aligns with industry standards and reflects a growing trend among corporations to address climate change through measurable targets and initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 110,830,870 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 72,667,010 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Fastenal is not participating in any 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.
