Our corporate social responsibility strategy
Fundamentally, our Environmental, Social and Governance (ESG) strategy is about being a force for good in the world.
We embrace a role in society that all global businesses should play: helping solve global challenges such as climate change, inequality, pandemic recovery and workforce development.
In doing so, we build on our historic progress, with a focus on the environment, health and safety, meaningful innovation, sustainability and community engagement, knowing that there is always more to do. .
The consumer megatrends and global challenges we face have been gathering strength for years and have galvanized a response within us, through Stanley Black & Decker, which has also taken years to prepare.
We recognize that ESG is more important than ever, influencing how all stakeholders view and act in relation to a company. But ESG is not new to Stanley Black & Decker. Although terminology and nomenclature have evolved, our commitment to ESG principles runs deep.
We laid the groundwork for our ESG strategy in 2017 with a set of 2030 commitments that are deliberately aligned with the United Nations Sustainable Development Goals (SDGs) and intrinsically linked to our purpose.
These 2030 commitments were made on the three pillars of people, products and the planet. Governance serves as a fourth dimension of action and accountability, underpinning these pillars.