NEW
BRITAIN, Conn., May 18, 2022
/PRNewswire/ -- 3BL Media has named Stanley
Black & Decker (NYSE: SWK) to its annual 100 Best
Corporate Citizens ranking, recognizing outstanding environmental,
social and governance (ESG) transparency and performance among the
1,000 largest U.S. public companies.
This is Stanley Black &
Decker's third year being named to the 100 Best Corporate Citizens
ranking coming in at #71 overall and #6 in the Capital Goods
Industry.
"At Stanley Black & Decker, we believe it is our role in
society to be a force for good, and we are honored to be recognized
with other companies who share in our vision to support our
communities, employees and customers," said Stanley Black & Decker CEO Jim Loree. "This recognition is a testament to
our 60,000 employees whose work ethic is deeply rooted in our
purpose – For Those Who Make the World. We are committed to
combating climate change and empowering makers."
The 100 Best Corporate Citizens ranking is based on 155 ESG
factors in eight pillars: climate change, employee relations,
environment, finance, governance, human rights, stakeholders and
society and ESG performance.
Using a methodology developed by 3BL Media, all Russell 1000
Index companies are researched by ISS ESG, the responsible
investment research arm of Institutional Shareholder Services.
There is no fee for companies to be included in 100 Best Corporate
Citizens.
To compile the ranking, corporate data and information is
obtained from publicly available sources only, rather than
questionnaires or company submissions. Companies have the option to
verify data collected for the ranking at no cost. Data and
information used in the 2022 edition of the 100 Best Corporate
Citizens ranking is from March 19,
2021 to March 18, 2022.
"Achieving the transformational targets in the Paris Agreement
and UN Sustainable Development Goals in this decisive decade will
require companies to truly embed ESG into the core of their
business," said Dave Armon, CEO of
3BL Media. "The 100 Best Corporate Citizens of 2022 are answering
the call by demonstrating the societal and bottom-line value of
leadership and transparency around ESG topics. They are setting
ambitious goals, outlining robust strategies for achieving them,
disclosing data to measure progress, and accounting for all
stakeholders in business decisions."
Stanley Black & Decker's
purpose – For Those Who Make the World – helped launch a Corporate
Social Responsibility (CSR) strategy that tied the company's
purpose 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. While the company always had a deep
commitment to CSR, the strategy, born in 2017, was reflective of
the company's broader ambition to help be a force for good.
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.
Stanley Black & Decker also aims
to build a culture where inclusiveness is a reflex, not an
initiative and all employees feel valued, heard and positioned to
succeed.
Earlier this month, Stanley Black
& Decker released the company's second consolidated ESG report.
Building on the company's commitment to provide transparency of its
ESG data, Stanley Black &
Decker's annual ESG Report serves as a comprehensive resource
highlighting the company's dedication to its sustainability, social
impact and governance goals, with an emphasis on addressing climate
impacts and elevating diversity, equity & inclusion
(DE&I).
To learn more about the company's ESG efforts, visit:
https://ir.stanleyblackanddecker.com/news-events/press-releases/news-details/2022/Stanley-Black--Decker-Releases-Second-Annual-ESG-Report-Growth-With-Purpose/default.aspx.
For access to the complete 100 Best Corporate Citizens of 2022
ranking and methodology visit:
https://100best.3blmedia.com/.
About Stanley Black &
Decker
Headquartered in the USA,
Stanley Black & Decker (NYSE:
SWK) is the world's largest tool company operating nearly 50
manufacturing facilities across America and more than 100
worldwide. Guided by its purpose – for those who make the world –
the company's more than 60,000 diverse and high-performing
employees produce innovative, award-winning power tools, hand
tools, storage, digital tool solutions, lifestyle products, outdoor
products, engineered fasteners and other industrial equipment to
support the world's makers, creators, tradespeople and builders.
The company's iconic brands include DEWALT®, BLACK+DECKER®,
CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®.
Recognized for its leadership in environmental, social and
governance (ESG), Stanley Black
& Decker strives to be a force for good in support of its
communities, employees, customers and other stakeholders. To learn
more visit: www.stanleyblackanddecker.com
About the 100 Best Corporate Citizens
Ranking
The 100 Best Corporate Citizens debuted in 1999 in Business Ethics
Magazine and appeared annually in Corporate Responsibility Magazine
for many years. 3BL Media has managed the ranking since 2018. To
compile the ranking, each company in the Russell 1000 Index is
ranked according to its transparency and performance on 155
environmental, social and governance factors.
About 3BL Media
3BL Media's unrivaled distribution platforms and TriplePundit Brand
Studio promote the environmental, social, governance (ESG)
initiatives of leading companies, private equity firms, nonprofits
and NGOs to a global audience. Learn more here.
Stanley Black & Decker
Media Contacts:
Lindsay
Fennell
Senior Manager, Public Relations
Lindsay.Fennell@sbdinc.com
(724) 205-0640
Laura Prugh
Public Relations
Laura.Prugh@sbdinc.com
(251) 404-4362
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SOURCE Stanley Black &
Decker