Stanley Black And Decker Sustainability Profile
Stanley Black & Decker, a leading global provider of tools and storage solutions, is headquartered in the United States. Founded in 1843, the company has established itself as a key player in the industrial and consumer goods sectors, with significant operations across North America, Europe, and Asia. The company is renowned for its diverse range of products, including power tools, hand tools, and home improvement solutions, which are distinguished by their innovation and durability. Stanley Black & Decker's commitment to quality has earned it a strong market position, making it a trusted name among professionals and DIY enthusiasts alike. With a rich history marked by key milestones, such as the acquisition of DeWalt and Craftsman, Stanley Black & Decker continues to lead the industry, driving advancements in technology and sustainability.
DitchCarbon Score
How does Stanley Black And Decker'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 Machinery and Equipment 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
Stanley Black And Decker's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stanley Black And Decker's reported carbon emissions
In 2024, Stanley Black & Decker reported total carbon emissions of approximately 14.7 billion kg CO2e, comprising 101,044,000 kg CO2e from Scope 1, 229,575,000 kg CO2e from Scope 2, and 14,396,052,000 kg CO2e from Scope 3 emissions. This reflects their ongoing commitment to sustainability and climate action. The company has set ambitious targets to reduce its carbon footprint. By 2030, Stanley Black & Decker aims to achieve a 100% reduction in absolute Scope 1 and Scope 2 emissions from a 2015 baseline. Additionally, they are committed to reducing Scope 3 emissions by 35% by 2030, using a 2017 baseline. This includes significant reductions in emissions from purchased goods and services, as well as upstream and downstream transportation and distribution. In their near-term targets, Stanley Black & Decker has committed to a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030 from a 2022 baseline. They also aim to reduce Scope 3 emissions from purchased goods and services, upstream transportation, and the use of sold products by 52% per relevant unit by the same year. These commitments are part of their broader strategy to align with science-based targets, ensuring that their emissions reductions are consistent with the goals necessary to limit global warming to 1.5°C. The company is actively working towards achieving these targets, demonstrating leadership in the electrical equipment and machinery sector.
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| 2015 | 2017 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 95,806,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 283,597,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Stanley Black And Decker's Scope 3 Categories Breakdown
Stanley Black And Decker's Scope 3 emissions, which decreased by 4% last year and increased by approximately 45% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
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Stanley Black And Decker's Climate Goals (2030 & 2050)
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.
Stanley Black And Decker has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Stanley Black And Decker's sustainability data and climate commitments