NEW BRITAIN, Conn.,
Oct. 4, 2017 /PRNewswire/
-- Stanley Black & Decker (NYSE: SWK) has been
selected as a component of the Dow Jones Sustainability Index
(DJSI) for North America for the seventh consecutive
year. Stanley Black &
Decker's overall score placed the company in the
86th percentile of the DJSI, up from
83rd last year.
"At Stanley Black & Decker, we recognize that we have a
broader role to play in bettering our society. To us that means
incorporating social responsibility into the day-to-day strategy
and operations of our business so we all collectively win," said
Stanley Black & Decker's
President and CEO Jim Loree. "We are
honored to be recognized by the Dow Jones Sustainability Index for
the seventh consecutive year. It's truly a reflection of the
commitment of our 55,000 employees around the globe. They all want
to make the world a better place by making our company more
sustainable and I couldn't be prouder of the team."
The DJSI measures performance on more than 600 different data
points in 22 different categories, including environmental
stewardship, human rights, corporate philanthropy and much more. To
be selected for the Index, companies undergo a thorough analysis of
company-wide economic, environmental and social performance,
assessing issues such as corporate governance, risk management,
customer relationship management, product stewardship, supply chain
standards and labor relations.
Stanley Black & Decker
matched the highest score within the Machinery & Electrical
Equipment sector for Corporate Governance and Climate
Strategy, and delivered within the highest percentile in Corporate
Governance, Climate Strategy and Talent Attraction &
Retention. Most improved results noted in Innovation
Management, Product Stewardship and Talent Attraction &
Retention.
Companies are selected according to a systematic assessment that
identifies the sustainability leaders in each of 57 industries. The
research methodology for the Index includes general and
industry-specific sustainability trends. Corporations are evaluated
based on a variety of criteria including climate change strategies,
energy consumption, human capital development, knowledge
management, stakeholder relations and corporate governance.
About Stanley Black & Decker
Stanley Black & Decker,
an S&P 500 and FORTUNE 500 company, is the world's
leading provider of tools and storage, the world's second-largest
commercial electronic security company, and a leading engineered
fastening systems provider, with unique growth platforms in the Oil
& Gas and Infrastructure industries. Well-known brands include:
STANLEY, BLACK+DECKER, DEWALT, Porter-Cable, Bostitch,
Facom, Mac Tools, Proto, Vidmar, Lista, and more. Learn more
at www.stanleyblackanddecker.com.
About Dow Jones Sustainability Indices
The DJSI family
is offered cooperatively by RobecoSAM Indices and S&P Dow Jones
Indices. The family tracks the stock performance of the world's
leading companies in terms of economic, environmental and social
criteria. The indices serve as benchmarks for investors who
integrate sustainability considerations into their portfolios, and
provide an effective engagement platform for companies who want to
adopt sustainable best practices. The DJSI for North
America launched in September 2005 and reviews the
top 20% of the 600 largest companies in the United
States and Canada in terms of economic,
environmental, and social
criteria.
CONTACT:
|
Tim
Perra
|
|
Stanley Black &
Decker
|
|
Vice President,
Public
Affairs
|
|
(860)
826-3260
|
|
tim.perra@sbdinc.com
|
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SOURCE Stanley Black &
Decker