Our Businesses

Sustainability

In 2010 we expanded our sustainability focus to capture the “glass pipeline”—the transparent view of our entire value chain, from our upstream contributors to our midstream operations to our downstream customers. Strategically, we have increased sustainability awareness with our suppliers and incorporated compliance elements into our products and designed a measurement scorecard.

In 2010 we expanded our scale of operation with the number of sites reporting into the Stanley Business Systems nearly doubling, as well as our scope of influence extending upstream to our suppliers and downstream to our products. We now cover more than 400 sites across 22 countries. Black & Decker operations were seamlessly transitioned to our centrally-guided, locally-driven corporate platform. A single combined company EH&S Scorecard went live a full quarter ahead of schedule.


Supplier Sustainability. With Global Supply Management we expanded our sphere of influence to characterize the economic, environmental and social accountability aspects of our supply chain. Supplier sustainability education and awareness, with incorporation of sustainability into the auditing process, was a key focal point in 2010. We will identify our supplier footprints and develop improvement tools in 2011 and beyond.

Product Compliance. With the expansion of sustainability upstream and our combined resources, we have established a global leadership position in product compliance. Global product compliance will provide increased assurance, improved oversight and greater knowledge of all materials, chemicals and components that are in our products, allowing us to document and certify customer requests with legal confidence and in record time. Our new product compliance process began in 2010 with awareness training and education, the formation of a restricted materials council and regulatory advocacy.

Corporate Sustainability Scorecard. We have designed a new Corporate Sustainability Scorecard to capture leading indicators (engagement levels) across all businesses and regions for a formal launch in 2011. The new Sustainability Scorecard prototype will measure performance across economic, environmental and social aspects including the number of lifecycle analyses performed, number of energy conservation projects, number of sustainable supplier audits completed, and sustainable product sales.

Performance Recognition. Despite managing operations which are neither energy- nor water-intensive in nature, we continued to seek opportunities in 2010 to externally disclose our environmental footprint in order to measure ourselves against our previous performance as well as that of other companies. In 2010, we participated in the Carbon Disclosure Project for the third year and repeated our reporting for the Dow Jones Sustainability Index, the Maplecroft Climate Innovation Indices and Newsweek's Green Rankings. We asked to be included in the Carbon Disclosure Project's first Water Report and our data was included in that pilot project. We have also added a Sustainability page at www.stanleyblackanddecker.com.

  • The Maplecroft Climate Innovation Index ranked Stanley Black & Decker 58 out of 339 U.S. companies with market capitalizations of over $1 billion. Our ranking in the top 100 ensured our continued inclusion in the Climate Innovation Leaders Index. Developed by Maplecroft and sponsored by Bloomberg, the Climate Innovation Indices identify companies with new technologies, market strategies, partnerships and other innovations that position themselves to seize opportunities and deliver sustained growth in a carbon-constrained business environment.

  • Newsweek's Green Rankings 2010 ranked Stanley Black & Decker 274 out of 500 U.S. environmental companies based on actual environmental footprints, policies and reputation.