NEW BRITAIN, Conn.,
Nov. 19, 2020 /PRNewswire/
-- Stanley Black & Decker (NYSE: SWK) today announced that
it has earned the distinction of being included in the Dow Jones
Sustainability World Index (DJSI) by S&P Dow Jones Indices and
RobecoSAM for the third consecutive year and maintained its
inclusion in the DJSI North America Index for the 10th
consecutive year.
"We congratulate Stanley Black
& Decker for being included in the DJSI World and North
American Indexes," said Manjit Jus,
Head of ESG Ratings, RobecoSAM. "A DJSI distinction is a reflection
of being a sustainability leader in your industry. With a record
number of companies participating in the 2020 Corporate
Sustainability Assessment and more stringent rules for inclusion
this year, this sets your company apart and rewards your continued
commitment to people and planet."
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.
"Stanley Black & Decker is
committed to playing a broader role in society and to the
principles embedded in stakeholder capitalism," said Stanley Black & Decker President & CEO
Jim Loree. "Around the globe, our
54,000 employees are engaged in living our Purpose – For Those Who
Make The World – and doing our part to be a force for good.
Critical to this effort are activities that focus on meeting the
aggressive environmental, social and governance (ESG) metrics
embedded in DJSI, which is why we are so pleased to be recognized
for our efforts, including for the third consecutive year on DJSI's
World Index."
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
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.
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.spglobal.com/spdji.
About Stanley Black &
Decker
Stanley Black & Decker is a
$14 billion revenue, purpose-driven
industrial organization. Stanley
Black & Decker has 54,000 employees in more than 60
countries and operates the world's largest tools and storage
business, the world's second largest commercial electronic security
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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/stanley-black--decker-recognized-as-global-sustainability-leader-on-the-2020-dow-jones-sustainability-indices-301177265.html
SOURCE Stanley Black &
Decker