Search SWK $187.58 (-0.00%) WHO WE ARE OUR BUSINESSES SOCIAL RESPONSIBILITY NEWS INVESTORS CAREERS CONTACT CREATE A MORE SUSTAINABLE WORLD BOLD GOALS FOR CHANGE Positively impact the environment through our operations. HomeSocial ResponsibilityCreate a More Sustainable World SHARE At Stanley Black & Decker, our commitment to environmental sustainability remains core to the way we operate, particularly with regard to climate, waste and water. Our 2030 targets of becoming better than carbon neutral (what we call carbon positive), achieving zero waste to landfill (ZWTL) and ensuring sustainable water use across our operations continues to reflect our long-standing commitment to make a lasting, positive change for our communities and the world. Sustainability is a fundamental part of our culture, as demonstrated through our support of and alignment with the UN Sustainable Development Goals. We work actively toward cleaner water, minimizing waste generation and landfilling, and reducing our greenhouse gas emissions to lessen climate risk and find climate opportunity. U.N. SUSTAINABLE DEVELOPMENT GOALS Sustainability is an integral part of our culture. We work actively toward cleaner water, curtailing waste generation and landfilling, and reducing our greenhouse gas emissions—goals we encourage all to share. "Our sustainability strategy no longer simply seeks to reduce negative impact, but to positively impact the environment through our operations." Deb Geyer, Corporate Responsibility Officer ACTIONS TO 2030 GOAL** Go Beyond Carbon Neutral Operations (Carbon Positive) By 2030, we plan to have reduced our operational carbon emissions to zero and eliminate additional emissions through means of carbon capture, such as carbon removal technologies. Sustainable Water Use We aim to use water sustainably wherever we do business. We are identifying water risks and setting context-based targets that address site-specific concerns in each river basin, a key consideration due to localized water availability and risk. Zero Waste to Landfill We continue to work towards achieving zero waste to landfill (ZWTL) across our daily, direct operations (one-off construction and other events may be excluded). We encourage waste minimization, reuse and recycling in all instances. **Note - Our 2030 CSR Carbon | Water | Waste goals exclude those Factory Outlets | Service Centers | Offices where we are unable to directly influence the purchase of energy, water, and disposal of waste. CARBON POSITIVE ACROSS OUR OPERATIONS BY 2030 As part of our science-based target commitment, we seek to reduce absolute Scope 1 and Scope 2 carbon emissions 100% by 2030, against a 2015 baseline, then move to carbon positivity, meaning our carbon capture is greater than our carbon emission. Scope 1 (Stationary and Mobile) All direct emissions from those activities under our control. Including fuel combustion on-site such as gas boilers and service fleet emissions. Scope 2 Indirect emissions from electricity purchased and used. "A strong commitment to corporate social responsibility is the right thing to do, and is an imperative for companies dedicated to doing their part to help the world grow and thrive. Certification from the Science Based Targets initiative helps give us confidence that the aggressive and aspirational goals we are setting for our company with our new 2030 global CSR plan are putting us on a path to making a difference and creating a more sustainable world." Jim Loree, President & CEO ZERO WASTE TO LANDFILL ACROSS OUR OPERATIONS BY 2030 We are proud to report that 53 of our manufacturing and distribution sites have achieved Zero Waste to Landfill (ZWTL) status. Zero Waste to Landfill 2023 Target In 2020, we saw several of our manufacturing and distribution centers lose their ZWTL status. Although every effort was made to ensure ongoing compliance, 2020 brought with it some unforeseen circumstances. Despite this setback, we fully expect that with management system enhancements and third-party support and assurance, together with sharing of best management practices, we will achieve our 2023 interim goal of 60% of operations to achieve ZWTL status. Learn more about our efforts 60% Target MFG/DC sites to become ZWTL by the end of 2023* *Approved through internal governance management system. Sites that declared ZWTL status in 2020 could have previously sent waste to landfill up to the date of declaration. SUSTAINABLE WATER USE Our water stewardship journey continues as we look to lead and initiate action-based projects with local communities, industry and water basin authorities—the result of which will help to successfully fulfill our goal to create a more sustainable world. Context-Based Water Targets, in Partnership with World Wildlife Fund In 2020, we stepped up our water stewardship by introducing a context-based approach. To successfully move from our globally uniform targets to reduce water intensity to locally relevant contextual water targets, we worked with the World Wildlife Fund (WWF). Supported and guided by the WWF, we analyzed our global footprint for local water basin and operational water related risks. Additionally, the WWF Water Risk Filter tool allowed us to investigate in more detail potential operational risks of our high-profile sites with moderate to extremely high basin risk. The result verified that our operations mostly face low to medium direct water related risk, due to little water-reliant production processes. Confirming that our direct risk is limited underscores the necessary transformation from general intensity focus to a location-specific approach customized to the unique water basin risk impact. Incorporating the guidance resulting from our work with the WWF, we will focus on introducing locally relevant contextual water risk mitigation projects, guided by internationally endorsed and agreed frameworks and goals such as the UN Sustainable Development Goals and the CEO Water Mandate. 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