NEW BRITAIN, Conn.,
Sept. 23, 2019 /PRNewswire/ --
Stanley Black & Decker
(NYSE: SWK) today announced that it has earned the distinction
of being a component of the Dow Jones Sustainability World Index
(DJSI) by S&P Dow Jones Indices and RobecoSAM for the second
year. Additionally, the world's largest tools and storage company
and leader in engineered fastening and security maintained its
inclusion on the DJSI North America Index for the ninth consecutive
year.
The DJSI series is considered a gold standard for corporate
sustainability and is the first global index to track the leading
sustainability-driven companies based on financially material
Environmental, Social, and Governance (ESG) factors.
To form the index, RobecoSAM, an investment specialist focused
on sustainability investing, assesses more than 3,500 of the
world's largest companies through its annual Corporate
Sustainability Assessment (CSA). Companies are evaluated based on a
range of financially relevant sustainability criteria covering the
economic, environmental and social dimensions. The DJSI World Index
recognizes the top 10 percent of companies within each industry
globally, while the top 20 percent of companies in the United
States and Canada are included on the North America
Index.
"We congratulate Stanley Black
& Decker for being included in the DJSI World and North
American Indexes," said Manjit Jus,
Head of ESG Ratings, RobecoSAM. "The SAM Corporate Sustainability
Assessment has again raised the bar in identifying those companies
best-positioned to address future sustainability challenges and
opportunities. This year – which marks the 20th anniversary of the
DJSI – record corporate interest in the SAM CSA reflects the
enduring relevance of the DJSI for measuring and advancing ESG
practices."
"I take great pride in our inclusion on this index once again
this year, which wouldn't be possible without the work and
commitment of our employees around the globe," said CEO
Jim Loree. "Putting our skills and
resources to work, our corporate social responsibility strategy is
embedded in the day-to-day strategy and operations of our business.
Our journey continues, but a milestone like this demonstrates we
are headed in the right direction."
Stanley Black & Decker's Corporate Social
Responsibility (CSR) strategy is aligned with the United Nations'
2030 Sustainable Development Goals. The strategy focuses the
company's efforts on three key pillars: empowering makers,
innovating with purpose and creating a more sustainable world. By
2030, Stanley Black & Decker plans to enable 10
million creators and makers to thrive in a changing world, innovate
our products to enhance the lives of 500 million people, and, be
carbon positive in its global operations, meaning its carbon
capture is greater than its carbon emissions. To learn more about
the company's CSR strategy,
visit www.stanleyblackanddecker.com/social-responsibility.
About S&P Dow Jones Indices:
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the first index in 1884,
S&P DJI has been innovating and developing indices across the
spectrum of asset classes helping to define the way investors
measure and trade the markets. S&P Dow Jones Indices is a
division of S&P Global, which provides essential intelligence
for individuals, companies, and governments to make decisions with
confidence. For more information, visit www.spdji.com.
About Stanley Black &
Decker:
Stanley Black & Decker is a
purpose-driven, $14 billion revenue
industrial organization. Stanley Black & Decker has 61,000
employees in more than 60 countries and operates the world's
largest tools and storage business, the world's second-largest
commercial electronic security services company, a leading
engineered fastening business as well as Oil & Gas and
Infrastructure businesses. The company's iconic brands include
Black & Decker, Bostitch, CRAFTSMAN, DEWALT, FACOM, Irwin,
Lenox, Porter Cable and Stanley.
Stanley Black & Decker is a
company for the makers and innovators, the craftsmen and the
caregivers, and those doing the hard work to make the world a
better place. Learn more at www.stanleyblackanddecker.com.
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SOURCE Stanley Black &
Decker