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BUSINESS - COMPANY NEWS

Stanley Black & Decker Sets Scientific Based Environmental Targets

Wednesday, May 9, 2018

Stanley Black & Decker's long-term environmental sustainability goals have been approved by the Science Based Targets initiative. (PRNewsfoto/Stanley Black & Decker)

Stanley Black & Decker's long-term environmental sustainability goals have been approved by the Science Based Targets initiative. (PRNewsfoto/Stanley Black & Decker)

BUSINESS - COMPANY NEWS

Source : Stanley Black & Decker

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Stanley Black & Decker announced that long-term environmental sustainable targets were approved by CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Scientifically based environmental targets also clearly show the roadmap to be followed for the reduction of the greenhouse effect.

Stanley Black & Decker accepted 2015 as the base year, and agreed to reduce the Absolute Scope 1 and 2 Greenhouse Gas emissions by 100% by 2030. In addition, Stanley Black & Decker accepted 2017 as the base year and agreed to reduce the Scope 3 greenhouse gas emissions by 35% by 2030. Scope 3 targets include purchased products and services, as well as all distribution networks.

390 companies across the sector have accepted science-based targets. More than 100 companies' projects are approved. Stanley Black & Decker pursues these goals with the aim of supporting the Paris Treaty and the most important goal is to reduce the greenhouse effect and climate change effects.