Stanley Black & Decker has released its first consolidated Environmental, Social & Governance (ESG) report.
Titled "A Force for Good,” Stanley Black & Decker said the report serves as a comprehensive resource to highlight all aspects of the company's sustainability and societal efforts, with an emphasis on ethics and inclusion, as well as clear governance practices.
"Every day, we work to inspire makers and innovators to create a more sustainable world," said Stanley Black & Decker CEO Jim Loree. "We believe corporations have a broader role to play in society beyond financial success. We have a long history of and a deep focus on environment, health and safety, social responsibility and community engagement to build on."
Loree noted that the launch of a consolidated ESG report supports the manufacturer’s commitment to achieve a bold sustainability vision and to provide clear, transparent progress toward its goals.
The new report includes a comprehensive review of ESG programs and data, growing from the company's history of reporting corporate social responsibility (CSR) metrics and goals on an annual basis.
The New Britain, Conn.-based company said that, by applying ESG management and reporting principles to the company's social responsibility strategy, Stanley Black & Decker aims to provide further transparency to stakeholders.
View the full "A Force for Good" report here.