Fastenal Co

Common Name
Fastenal
Country
United States
Sector
Industrials
Industry
Industrial Distribution
Employees
21,807
Ticker
FAST
Exchange
NASDAQ/NGS
Description
Fastenal Company is a leading distributor specializing in industrial and construction supplies, with a primary focus on fasteners, safety products, tools, and related solutions. Serving a wide range o...

Fastenal Energy Data Preview

In 2023, Fastenal disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Fastenal also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Fastenal also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Fastenal also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Fastenal's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Fastenal's Energy Renewability

In 2023, Fastenal consumed a total of 2.26 million Gigajoules of energy across its operations. Of this total, 3.67% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 96.33% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Fastenal's Energy Renewability Rate

4%

How much of Fastenal's energy consumed is renewable?

In 2023, Fastenal consumed a total of 2.26 million Gigajoules of energy, of which 3.67% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Fastenal has considerable room to improve its energy sustainability strategy.

Insights into Fastenal's Energy Consumption & Production Mix

In 2023, Fastenal disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Fastenal's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Fastenal's Energy Consumed by Sources and Technologies

Diesel and Gasoline(Petrol)(68.5%)Electricity(Unspecified Source)and Wind Energy(15.8%)Natural Gas(15.6%)

What are the main sources and generation technologies behind Fastenal's energy consumption?

In 2023, Fastenal's total energy consumption was primarily sourced from

  • Diesel and Gasoline (Petrol) (68.55%)
  • Electricity (Unspecified Source) and Wind Energy (15.82%)
  • Natural Gas (15.63%)

How diverse is Fastenal’s energy consumption mix?

In 2023, Fastenal consumed energy from 4 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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