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 64 is higher than 80% 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 around 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, Scope 2 at around 39,077,000 kg CO2e, and Scope 3 at about 13,901,000 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 |
Fastenal's Scope 3 emissions, which decreased by 28% last year and decreased by approximately 28% since 2023, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 6% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fastenal has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
