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.
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.
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.
Fastenal's score of 58 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Fastenal reported total carbon emissions of approximately 164,588,000 kg CO2e, with Scope 1 emissions at about 128,284,000 kg CO2e, Scope 2 emissions at approximately 36,304,000 kg CO2e, and Scope 3 emissions from upstream transportation and distribution at about 10,013,000 kg CO2e. This marks a slight decrease from 2023, where total emissions were approximately 169,929,000 kg CO2e, with Scope 1 at about 130,852,000 kg CO2e and Scope 2 at approximately 39,077,000 kg CO2e. Fastenal has set ambitious climate commitments, aiming for net zero emissions by 2050. The company is currently developing a transition plan to achieve this target, which was announced in 2021. Additionally, Fastenal has committed to reducing its Scope 2 emissions intensity by 45% by 2030, using 2021 as the baseline year. The emissions data is sourced directly from Fastenal Company, with no cascaded data from a parent or related organization. Fastenal's ongoing efforts reflect a proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 110,830,870 | 000,000,000 | 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 | 00,000,000 |
Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
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.