Stanley Black And Decker
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 45 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Stanley Black And Decker's reported carbon emissions
In 2023, Stanley Black & Decker reported significant greenhouse gas emissions, with Scope 1 emissions at approximately 104,121,000 kg CO2e, Scope 2 emissions at about 186,614,000 kg CO2e, and Scope 3 emissions reaching approximately 16,478,955,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve a 100% reduction in absolute Scope 1 and 2 emissions by 2030, using 2015 as the base year. Additionally, Stanley Black & Decker targets a 35% reduction in Scope 3 emissions by 2030, with a 2017 base year, focusing on emissions from purchased goods and services, as well as upstream and downstream transportation and distribution. In a more recent commitment, the company has also pledged to reduce absolute Scope 1 and 2 emissions by 42% from a 2022 base year, while aiming for a 52% reduction in Scope 3 emissions related to purchased goods and services, upstream transportation, and the use of sold products, all by 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Stanley Black & Decker's dedication to addressing climate change and reducing its carbon footprint in the electrical equipment sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 110,288,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 138,940,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 12,026,568,000 | 00,000,000,000 | 00,000,000,000 |
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.
Stanley Black And Decker is committed to some reduction initiatives 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.
