Stanley Black And Decker

Stanley Black & Decker, a US-headquartered company in the Machinery and equipment sector, reported total emissions of approximately 14.2 billion kg CO2e in 2024. This comprised 101.04 million kg CO2e from Scope 1, 290.89 million kg CO2e from Scope 2, and 13.9 billion kg CO2e from Scope 3. For 2023, their total emissions were approximately 14.8 billion kg CO2e, with Scope 1 emissions at 104.12 million kg CO2e, Scope 2 at 271.61 million kg CO2e, and Scope 3 at 14.5 billion kg CO2e. In 2022, total emissions stood at approximately 19.2 billion kg CO2e, including Scope 1 emissions of 116.85 million kg CO2e, Scope 2 emissions of 286.12 million kg CO2e, and Scope 3 emissions of 18.8 billion kg CO2e.

Stanley Black & Decker has committed to several climate targets. The company aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using a 2022 base year. This target is classified as consistent with reductions required to keep warming to 1.5°C by the Science Based Targets initiative (SBTi). Additionally, the company commits to reducing Scope 3 GHG emissions from purchased goods and services by 52% per kg of material purchased by 2030 from a 2022 base year. They also aim for a 52% reduction in Scope 3 GHG emissions from upstream transportation and distribution per kg of material transported by 2030, also from a 2022 base year, and a 52% reduction in Scope 3 GHG emissions from use of sold products per kilowatt of sold product output power within the same timeframe.

Earlier commitments included a target to reduce absolute Scope 1 and Scope 2 carbon emissions by 100% by 2030, against a 2015 baseline, with a further ambition to move to carbon positivity. The company also previously aimed to maintain an 8% year-over-year absolute Scope 1 and Scope 2 reduction against their 2015 baseline by 2023. Furthermore, Stanley Black & Decker has a long-term goal of achieving Zero Waste to Landfill for global manufacturing and distribution sites where they have control of operations by 2040.