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.
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.
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.
Stanley Black And Decker's score of 57 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Stanley Black & Decker reported total carbon emissions of approximately 16,478,955,000 kg CO2e across all scopes. This includes about 104,121,000 kg CO2e from Scope 1 emissions, 186,614,000 kg CO2e from Scope 2 emissions, and a significant 16,478,955,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 100% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using a 2015 baseline. Additionally, they are targeting a 42% reduction in these emissions from a 2022 baseline by 2030. Stanley Black & Decker has also committed to reducing Scope 3 emissions, with specific targets of a 52% reduction per kg of material purchased, and a similar reduction for upstream transportation and distribution, as well as for the use of sold products, all by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to maintaining emissions reductions consistent with limiting global warming to 1.5°C. The company has made notable progress, achieving an 8% year-over-year reduction in Scope 1 and Scope 2 emissions from 2015 to 2023. Furthermore, they aim to achieve carbon positivity, meaning their carbon capture will exceed their emissions, and they are working towards a Zero Waste to Landfill goal for their global manufacturing and distribution sites by 2040. Overall, Stanley Black & Decker's climate commitments demonstrate a robust approach to reducing their carbon footprint and addressing climate change, with a clear focus on both operational and supply chain emissions.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2017 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 95,806,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 283,597,000 | - | 000,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.