NEW BRITAIN, Conn.--(BUSINESS WIRE)--Sep. 14, 2012--
Stanley
Black & Decker (NYSE: SWK), a diversified global
provider of power and hand tools, mechanical access solutions,
electronic security and monitoring systems, and products and services
for industrial applications, was selected as a component of the Dow
Jones Sustainability Index for North America for the second
year in a row, in recognition of its leadership in economic,
environmental, and social programs performance.
“Stanley Black & Decker has had a long standing commitment to be an
industry leader with how we approach and deliver upon our economic,
environmental and social responsibilities and our success on these
fronts is driven by the Stanley Fulfillment System, or SFS,” remarked
John Lundgren, President and CEO. “Core to SFS is our customer base –
and our customers buy our products for many reasons, but mainly because
our brand name means quality and they trust it. Wherever we make
products, wherever we sell products, we have a responsibility to the
community. The principles that guide our complete operations are
consistent with the longstanding vision and values for Stanley Black &
Decker as a whole. We are pleased and honored that our successful
attainment of these principles has afforded us inclusion in the Dow
Jones Sustainability Index for North America for the second year in a
row.”
The company's continued application of Stanley Fulfillment System (SFS)
principles in 2011 produced year-over-year improvements in environmental
performance across its more than 120 reporting manufacturing and
distribution centers including: a 13% reduction in total waste
generation, an 18% reduction in energy consumption, and an 18% reduction
in water usage, all normalized to production. Year-over-year
improvements in health and safety (social) performance included double
digit reductions in total recordable incident rate and lost time
incident rates to world-class levels of 1.2 and 0.4 respectively,
alongside the emergence of "I have a safe workplace" as the top scoring
category in a 2011 survey of 50000 employees at more than 700 reporting
sites across the globe.
To review our accomplishments and all our sustainability results go to www.stanleyblackanddecker.com/company/sustainability.
About the DJSI
The DJSI World Index was first published in September 1999. It is based
on the largest 2,500 companies in the Dow Jones Global Total Stock
Market Index (DJGTSMI). The DJSI World Index reviews the top 10 percent
of these companies in terms of economic, environmental, and social
criteria, which equals about 300 companies. The DJSI North America Index
launched in September 2005 and reviews the top 20 percent of the 600
largest companies in the United States and Canada.
To be selected for any index, companies must undergo a thorough analysis
of corporate-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. Dow Jones and Zurich-based Sustainable Asset Management
Group release the index annually.
Stanley Black & Decker, an S&P 500 company, is a diversified global
provider of hand tools, power tools and related accessories, mechanical
access solutions and electronic security solutions, engineered fastening
systems, infrastructure solutions and more. Learn more at www.stanleyblackanddecker.com.
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Source: Stanley Black & Decker
Stanley Black & Decker
Kate White Vanek, 860-827-3833
Vice
President, Investor & Government Relations
kate.vanek@sbdinc.com
or
Stanley
Black & Decker
Tim Perra, 860-826-3260
Director, Global
Communications
tim.perra@sbdinc.com