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 55 is higher than 99% 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 2023, Stanley Black & Decker reported significant carbon emissions, totalling approximately 10,412,100 kg CO2e for Scope 1, 18,661,400 kg CO2e for Scope 2, and a staggering 16,478,955,000 kg CO2e for Scope 3 emissions. This highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses emissions from the use of sold products and purchased goods and services. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, Stanley Black & Decker is targeting a 52% reduction in Scope 3 emissions from purchased goods and services, as well as from upstream transportation and distribution, per kilogram of material purchased and transported, respectively. Furthermore, they aim to reduce Scope 3 emissions from the use of sold products by 52% per kilowatt of sold product output power within the same timeframe. These commitments reflect Stanley Black & Decker's dedication to addressing climate change and reducing its overall environmental impact, aligning with industry standards for sustainability and carbon reduction.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 109,457,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 138,940,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 7,805,494,000 | 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 participating in some 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.
