ECOSMART™in the Marketplace
STANLEY Engineered Fastening Provides ECOSMART™ Solutions
In 2016, the STANLEY Engineered Fastening global automotive team introduced plastic clips that are made up of 75% recycled materials, significantly reducing our customers' carbon footprints. These clips, which are primarily used for fuel and brake lines, enable automotive manufacturers to reduce CO2 emissions by nearly nine tons per vehicle over its lifetime. That is equivalent to completely removing the CO2 emissions of 243 C-class cars.
New STANLEY Access Technologies Dura-Glide Doors
STANLEY Access Technologies launched the Dura-Glide GreenStar, an energy efficient sliding automatic door that meets stringent air infiltration testing standards to help businesses save on average over $500 per door/year in heating and cooling costs. The product answers market demand for energy-smart door technology. The Dura-Glide GreenStar was the third item to be designated as an approved ECOSMART™ product by our Corporate ECOSMART™ Sustainability Council. The other approved products include our battery operated lawn mower and leaf blower.
Make WhereWe Sell
Our global manufacturing strategy has shifted toward a “make where we sell” model that enhances our responsiveness while reducing our environmental impact. To the extent we can, we are designing, sourcing and building products for a given market in that market. There are good business reasons for doing so, such as relevancy and familiarity to end users, that are not in themselves ECOSMART™ but the overall effect is to reduce various environmental impacts such as long-distance shipping and distribution.
On the front end, sustainable considerations are integrated into our product design process. In fact, we are using our internal innovation crowdsourcing portal, The Drawing Board, to empower our workforce to create new generation ECOSMART™ solutions. In a friendly and future-focused competition open to all employees, we challenged our people to come up with ideas for existing or new BLACK+DECKER products that would deliver increased environmental sustainability worthy of being branded ECOSMART™. The winning product prototypes have been moved into development.
In addition, Stanley Black & Decker Leadership Program cohorts from North America and Europe participated in leadership development training focused on Breakthrough Innovation that included an intensive ECOSMART™ Workshop. Program associates were divided into teams and assigned one of the three pillars of ECOSMART™—People, Product, Planet—and tasked with brainstorming and outlining a project plan relating to their assigned pillar.
Supplier Social Accountability and Sustainability Performance
We continue to promote our ECOSMART™ philosophies throughout our supply chain. In 2016, we conducted close to 200 audits measuring supplier performance against the requirements of our homegrown Supplier Sustainability and Social Accountability program. Using SFS 2.0 principles, opportunities for improvement were identified that helped Stanley Black & Decker and our supplier partners assess and manage social accountability risks while reducing their energy and water usage and waste generation.
In addition to our in-house program, in 2016 we embarked on the online CDP Supply Chain program, inviting over 30 of our key suppliers covering approximately $500 million in spending to join us on our sustainability journey. Collaborating with these strategic suppliers encouraged transparency in our supply chain and allowed our suppliers to benchmark their individual performance and highlight improvement opportunities. We will be encouraging even more suppliers to take part in this exercise in coming years.