NEW BRITAIN, Conn., Sept. 23, 2015 /PRNewswire/ -- Stanley Black & Decker (NYSE:SWK) has been selected as a component of the Dow Jones Sustainability Index (DJSI) for North America for the fifth consecutive year.
Stanley Black & Decker's overall score increased from 71 last year to 75 this year, which places the company above the 80th percentile of the DJSI.
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.
"At Stanley Black & Decker we are committed to improving the sustainability of our operations, our products, and our communities while helping our suppliers and our customers to do the same," said John F. Lundgren, Chairman & CEO. "We call this ECOSMART, and it means we are advancing global stewardship principles across our entire value chain. We are honored to once again be recognized for these efforts as signified by our inclusion in the DJSI."
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 resources development, knowledge management, stakeholder relations and corporate governance.
Stanley Black & Decker remains categorized under the Machinery and Electrical Equipment sector (IEQ). In this sector, Stanley Black & Decker scored within the highest percentile under Customer Relationship Management, Innovation Management, Risk & Crisis Management, Strategy for Emerging Markets, Climate Strategy, Water-Related Risks, Human Capital Development, Labor Practices, Talent Attraction & Retention, and Occupational Health & Safety. Meanwhile, Stanley Black & Decker's most improved achievements this year were in the following three categories- Strategy for Emerging Markets, Product Stewardship, and Human Capital Development.
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.
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.
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