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 57 is higher than 75% 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 total carbon emissions of approximately 16,478,955,000 kg CO2e across all scopes. This includes 104,121,000 kg CO2e from Scope 1, 186,614,000 kg CO2e from Scope 2, and a significant 16,478,955,000 kg CO2e from Scope 3 emissions. In comparison, the 2022 emissions were approximately 20,518,980,000 kg CO2e, with Scope 1 emissions at 116,846,000 kg CO2e, Scope 2 at 58,064,000 kg CO2e, and Scope 3 at 20,518,980,000 kg CO2e. Stanley Black & Decker 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. For Scope 3 emissions, the company has committed to a 52% reduction per kg of material purchased, as well as similar reductions for upstream transportation and distribution, and the use of sold products, all by 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change through significant emissions reductions across its operations. The company is also focused on achieving zero waste to landfill for its global manufacturing and distribution sites by 2040.
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| 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 |
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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