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 43 is higher than 69% 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 carbon emissions of approximately 130,852,000 kg CO2e for Scope 1 and 39,077,000 kg CO2e for Scope 2, resulting in a combined total of about 169,929,000 kg CO2e (market-based). This marks a significant commitment to transparency in their emissions reporting, as they have disclosed data for both Scope 1 and Scope 2 emissions. Fastenal has set ambitious climate commitments, aiming for net zero emissions by 2050. This long-term goal was announced in 2021, with ongoing efforts to develop a comprehensive transition plan. Additionally, the company has committed to reducing its Scope 2 emissions intensity by 45% by 2030, using 2021 as the baseline year. This commitment reflects a proactive approach to mitigating climate impact and aligns with industry standards for sustainability. The emissions data is sourced directly from Fastenal Company, with no cascaded data from parent or related organizations. Fastenal's initiatives demonstrate a clear focus on reducing their carbon footprint while maintaining operational transparency.
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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.
