As of 2023, Stanley Black & Decker has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Stanley Black & Decker ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total Combustion, Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total Combustion, Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2023, Stanley Black & Decker has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2023, Stanley Black & Decker has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Stanley Black & Decker's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 379,403 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.
As of 2022, Stanley Black & Decker is lagging behind on its operational emissions reduction target, having achieved 43.37% of the planned reduction.
As of 2023, Stanley Black & Decker has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
Stanley Black & Decker's most ambitious value chain target is to reduce these emissions by 35% by 2030, compared to a baseline of 7,282,366 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.
Instead of reducing value chain emissions, Stanley Black & Decker has increased them, with 2022 levels exceeding those of the 2017 baseline, placing the company well behind its reduction target.