Stanley Black & Decker, Inc. · NYSE:SWK
Stanley Black & Decker — ESG Presentation (October 2021)
31 slides from Stanley Black & Decker's sustainability presentation, October 2021
Slide 1: Investor Presentation: Strategy & ESG
Investor Presentation: Strategy & ESG October 2021
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains “forward-looking statements,” that is, statements that address future, not past events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words s
Slide 3: Company Overview & Strategy
StanleyBlack&Decker Company Overview & Strategy
Slide 4: A Global Leader With World Class Franchises
A Global Leader With World Class Franchises STANLEY BLACK & DECKER (NYSE: SWK) 2020 Revenue: $14.5B Market Cap: $32B Cash Dividend Yield: 1.6% Dividend Paid Consecutively For 145 Years; Increased For Past 54 Consecutive Years Industrial $2.3B • STANLEY Engineered Fastening • Infrastructure Industria
Slide 5: Strategic & Financial Objectives
Strategic & Financial Objectives Strategic Framework Our Long-Term Financial Goals Continue Organic Growth Momentum Revenue • ~4-6% Organic • Utilize SBD Operating Model As A Catalyst Growth • ~10-12% Total • Mix Into Higher Growth, Higher Margin Businesses • Increase SBD Weighting Of Emerging Marke
Slide 6: Global Franchises – Long Term Value Drivers
Global Franchises – Long Term Value Drivers A Company That Has Built Well Established, Global Franchises… Business Value Drivers • Brands • Innovation In Tools & • Global Scale The Tool Company #1 Storage » Power & Hand Tools To Own » Construction, DIY, Auto Repair & Industrial » Developed & Develop
Slide 7: Stanley Black & Decker Value Creation Model
Stanley Black & Decker Value Creation Model Strong, Innovation-Driven Businesses World Class Brands In Diverse, Global Markets Attractive Growth Platforms Powered By: Scalable, Defensible Franchises Long Term Financial Objectives • 4-6% Organic Growth Differentiable Through Innovation • 10-12% Total
Slide 8: SBD Operating Model
SBD Operating Model Investor Presentation: Strategy & ESG 8
Slide 9: Our Approach To ESG
StanleyBlack&Decker Our Approach To ESG
Slide 10: Powered By Purpose: For Those Who Make The World
Powered By Purpose: For Those Who Make The WorldTM The World’s Leading Tool Company Highly Engineered, Application Based Solutions A Data-Oriented Health & Safety Provider TO BE A FORCE FOR GOOD Continue Delivering Top-Quartile Be Recognized As One Of The Elevate Our Commitment To Long-term Performa
Slide 11: Our Approach To ESG
Our Approach To ESG G ro unded By S takeho lder Capitalis m Ro o ted In Ou r Pu rpo se - Fo r Th o se Wh o Make Th e Wo rld™ ALIGNED TO WORLD ECONOMIC FORUM FRAMEWORK ENVIRONMENTAL SOCIAL GOVERNANCE Planet People Prosperity Governance Protecting The Planet Furthering Fostering Purpose & Progress Pro
Slide 12: Leading The Charge
Leading The Charge ESG FOCUS AREAS Climate Change DEI & Talent Development Governance Go Beyond Carbon Neutral By 2030 Racial Equity 10 Point Plan Diverse & Inclusive Board Zero Waste to Landfill Gender Parity Shareholder Rights Sustainable Water Use Skillset Development Risk Management & Oversight
Slide 13: CSR Strategy
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Slide 14: 2030 CSR Strategy
2030 CSR Strategy Global 2030 CSR Strategy Sustainability Performance Exceeded All Five-Year Sustainability Goals Set In 2015 Link: 2020 Online ESG Report Elevating & Executing On Our Commitment To Corporate Social Responsibility Investor Presentation: Strategy & ESG 14
Slide 15: 2030 CSR Strategy – Public Goals
2030 CSR Strategy – Public Goals Environment Social (People) Social (Product) Carbon Positive Empower Makers Innovate with Purpose By 2030, as part of our science- By 2030, SBD will empower 10 By 2030, SBD will address unmet based target commitment, SBD will million makers to thrive in a societal ne
Slide 16: CSR Action Plan – Empower Makers
CSR Action Plan – Empower Makers Actions To 2030 Goal Employee Career Mobility Enable 10 million creators and makers to thrive in a changing world Prepare Employees For Career Mobility Relevant For Industry 4.0 By Supporting Their Upskilling & Repurposing STEAM Education Enable People To Access STEA
Slide 17: CSR Action Plan – Innovate With Purpose
CSR Action Plan – Innovate With Purpose Actions To 2030 Goal Innovate our products to enhance the lives of 500 Addressing Unmet Societal Needs million people and improve environmental impacts Deliver “Innovation With Purpose” Projects That Enhance The Lives Of 500 Million People Global Battery Allia
Slide 18: CSR Action Plan – Create A More Sustainable World
CSR Action Plan – Create A More Sustainable World Actions To 2030 Goal Go Beyond Carbon Neutral Operations (Carbon Positive) Positively impact the environment By 2030, We Aim To Reduce Our Operational (Scope 1 & 2) Carbon Emissions through our operations To Zero And Eliminate Additional Emissions Th
Slide 19: Attracting World Class Talent
Attracting World Class Talent Launched A Number Of Initiatives To Create A More Contemporary Workplace & Infuse Talent… Lifelong Learning (Skills) Leadership Industry 4.0 Skilling/ Development Reskilling Efforts Employment Branding Recruiting & Onboarding University & Tech School Partnerships Divers
Slide 20: Diversity, Equity & Inclusion
Diversity, Equity & Inclusion Building A Purpose-Driven Culture Where Inclusivity Is A Reflex, Not An Initiative Employee Resource Groups R.I.S.E. : Reach | Inspire | Support | Engage & Diversity Councils A Unified Commitment To Equity & Opportunity A Cornerstone Of Our Culture: Gender & Racial Equi
Slide 21: Building A Culture To Be Proud Of
Building A Culture To Be Proud Of 14 46 2nd 100 Reuters BEST PLACES #41 CONSECUTIVE TO WORK BEST PRODUCTS PRODUCTS AMERICA’S Responsible YEAR FOR LGBTQ WORKPLACE IN POPULAR NAMED BEST Biz Awards Innovation Leader EQUALITY FOR MECHANIC’S Pro Tool LARGE Business American Corporate INNOVATORS AWARD Inn
Slide 22: Governance
StanleyBlack&Decker Governance
Slide 23: ESG & Disclosure Enhancements
ESG & Disclosure Enhancements • Amended Our Governance Documents To Allow Shareholders To Act By Written Consent • Eliminated All Express Or Default Supermajority Vote Provisions Applicable To The Company Under The Connecticut Business Corporation Act • Adopted A Majority Voting Standard For An Unco
Slide 24: Governance Policies Aligned With Shareholders
Governance Policies Aligned With Shareholders ✓ Robust Stock Ownership Guidelines For Directors And Executive Officers ✓ Policy Against Hedging And Pledging Applicable To All Directors And Executive Officers ✓ Recoupment Policy Relating To Unearned Equity & Cash Incentive Compensation ✓ Proactive Lo
Slide 25: Board Independence
Board Independence ✓ Independent Chairman Or Independent Lead Director Since 2000 Board Diversity ✓ Board Adopted Director Independence Standards » Standardized, Specific Criteria For Determining Independence ✓ Supermajority, Independent Board (11 Of 12 Directors; >90%) ✓ Five Independent Directors
Slide 26: Corporate Governance
Corporate Governance Board Composition And Governance Features Board Refreshment And Tenure ✓ Independent Chairman Average Tenure Of 6.8 Years ✓ 5 New Non-Management Directors In The Last 5 Years ✓ Balance Of Institutional Knowledge And Fresh Perspective 4 <= 3 years ✓ Key Governance Features: 2 4 -
Slide 27: Independent, Experienced & Diverse Board Of Directors
Independent, Experienced & Diverse Board Of Directors George W. Buckley James M. Loree Andrea J. Ayers Chairman President & CEO Former President & CEO Stanley Black & Decker Stanley Black & Decker Convergys ✓ Expertise Managing Large, Multi-National ✓ Integral Knowledge Of The Daily Workings Of ✓ Ex
Slide 28: Independent, Experienced & Diverse Board Of Directors
Independent, Experienced & Diverse Board Of Directors Debra A. Crew Michael D. Hankin Jane M. Palmieri President President & CEO President, Industrial Intermediates & Diageo, North America Brown Advisory Infrastructure ✓ Expertise In Consumer/Retail, Branding, ✓ Expertise In Financial & Investment P
Slide 29: Committee Structure
Committee Structure Audit Corporate Committee Governance Campbell (C) Buckley Hankin Poul Stockton Tan Committee Cardoso (C) Coutts Palmieri Poul Stockton Tan Compensation & Finance & Talent Development Pension Committee Ayers (C) Buckley Campbell Coutts Crew Committee Hankin (C) Ayers Cardoso Crew
Slide 30: Management Compensation Aligned With Performance
Management Compensation Aligned With Performance The Right Compensation Structure For Our Long-Term Strategy Pay For Performance Align Pay With Shareholder Interests Manage Risk • Pay Is Strongly Aligned With Financial Performance • Alignment Through Stock-Based Compensation, Stock • Compensation Co
Slide 31: Well Positioned To Generate Long Term Shareholder Value
Well Positioned To Generate Long Term Shareholder Value We have built a great company with a people-oriented culture and a dedication to performance, innovation and social responsibility (ESG). We have a strong track record of performance and shareholder return. We are well positioned to benefit fro
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