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Fastenal Company, widely recognised as Fastenal, is a prominent global distributor of industrial and construction supplies. Headquartered in the US, with a significant operational footprint across North America, Europe, and beyond, Fastenal has been a cornerstone of supply chain efficiency since its founding in 1967.
The company specialises in a vast array of essential products, including fasteners, safety equipment, tools, and MRO (Maintenance, Repair, and Operations) items. Fastenal distinguishes itself through innovative inventory management solutions, such as its market-leading FAST Solutions vending machines and comprehensive Vendor Managed Inventory (VMI) services, streamlining procurement for businesses worldwide. This dedication to integrated supply chain partnerships has cemented its position as a leading partner for manufacturing, construction, and other industrial sectors.
+19 vs industry average
Fastenal’s score of 55 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Fastenal, a US-based other business services company, reported total emissions of approximately 164.6 million kg CO2e in 2024. This figure includes about 128.3 million kg CO2e from Scope 1 emissions, 36.3 million kg CO2e from Scope 2 emissions, and partially disclosed Scope 3 emissions, specifically 10 million kg CO2e from upstream transportation and distribution. In 2023, the company's total emissions were approximately 169.9 million kg CO2e, comprising around 130.9 million kg CO2e from Scope 1, 39.1 million kg CO2e from Scope 2, and 13.9 million kg CO2e from upstream transportation and distribution (Scope 3). For 2022, Fastenal disclosed Scope 1 emissions of approximately 132.9 million kg CO2e and market-based Scope 2 emissions of about 40.1 million kg CO2e.
Fastenal has committed to a long-term goal of achieving net-zero emissions across all scopes by 2050, with plans to develop a transition strategy. Additionally, the company has set a near-term intensity target to reduce its Scope 2 emissions intensity by 45% by 2030, using a 2021 baseline. This target covers all distribution centres and manufacturing facilities.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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