NEW BRITAIN, Conn.,
May 15, 2018 /PRNewswire/ -- In
celebration of its 175th anniversary, Stanley Black
& Decker (NYSE: SWK) has announced a refreshed corporate social
responsibility strategy aligned with the United Nations' 2030
Sustainable Development Goals and designed to inspire makers and
innovators to create a more sustainable world.
Experience the interactive Multichannel News Release here:
https://www.multivu.com/players/English/8263952-stanley-black-decker-175th-anniversary-corporate-social-responsibility/
To celebrate the milestone, Stanley Black & Decker will ring
the opening bell at the New York Stock Exchange this morning, where
it will concurrently launch a new partnership with Discovery
Education and the STEMIE Coalition to bring a stronger
"maker"-focused curriculum into the classroom. The three partners
are also hosting two classes of New
York students at the New York Stock Exchange, inviting them
to participate in STEAM-focused educational activities at Stanley
Black & Decker's new mobile Makerspace and interact with sports
legend Joe Gibbs and NASCAR driver
Erik Jones.
"175 years ago, Frederick Trent
Stanley opened the Stanley Bolt Manufactory in New Britain, CT, to manufacture bolts and
hinges – and his commitment to innovation and social responsibility
didn't stop there," said Stanley Black & Decker President and
CEO Jim Loree. "He was the first
mayor of New Britain, brought what
was believed to be the first steam engine to Connecticut, and was instrumental in bringing
gas lighting and railway to his city. It's this spirit that enabled
Stanley to thrive through three industrial revolutions, and it's
what continues to drive our organization as we move through what we
see as the fourth industrial revolution."
As the pace of technological change – particularly digital
transformation – advances at an exponential rate, individuals,
businesses, governments and society as a whole are facing
challenges navigating this change. Stanley Black & Decker's
commitment to empower the next-generation of makers, creators and
innovators is focused on helping today's youth develop the skills
necessary to compete in this dynamic landscape.
"Corporations like ours have an obligation to be part of the
solution by providing individuals around the world with an
opportunity to thrive in this new world, and we want to put our
skills and resources to work," Loree added. "Our new corporate
social responsibility strategy will deliver programs that can
empower those who are doing the work of creating and shaping the
world around us – the makers and creators, who are the true heroes
of the world."
Stanley Black & Decker's Corporate Social Responsibility
Strategy
The company recently reevaluated its existing sustainability and
philanthropic work to begin aligning those efforts around the
United Nations' 2030 Sustainable Development Goals. The work
resulted in a new strategy built around three pillars:
- Empowering makers and creators to thrive in a changing
world: Enable 10 million creators and makers to thrive
through programs that upskill Stanley Black & Decker employees
who may be displaced by technology and empower everyday citizens
with vocational training, STEAM education and access to maker
spaces.
- Innovating products to improve lives: Enhance the
lives of 500 million people and improve environmental impacts by
creating and using products to meet underserved societal needs as
well as improve the lifecycle impact of our products and sourcing
and reduce supply chain Green House Gas emissions
- Creating a more sustainable world: Positively
impact the environment through the company's operations by reducing
our environmental impacts related to GHG emissions, water and
waste.
Already, the company's long-term environmental sustainability
goals have been approved by The Science Based Targets
initiative.
Partnership with Discovery Education and STEMIE
Stanley Black & Decker is partnering with Discovery Education
and STEMIE to build a Stanley Black & Decker maker movement
program, a new Science, Technology, Engineering, Arts and Math
(STEAM) curriculum that will transform student learning by inviting
students and educators nationwide to explore numerous disciplines
through building, making and doing.
"We're excited to partner with Stanley Black & Decker to
inspire the next generation of inventors, designers, and creators,"
said Vice President of Corporate Education Partnerships at
Discovery Education Kristin Hirst. "Across the country, the maker
movement is helping students express their creativity, as well as
grow the technical and engineering skills they need for success
beyond the classroom. Together with Stanley Black & Decker, we
look forward to igniting the 'maker spirit' in students nationwide
through a combination of innovative digital resources and immersive
classroom experiences."
As part of the Stanley Black & Decker maker movement
program, Discovery Education and STEMIE's unmatched STEAM
curriculum development expertise and classroom reach will provide
students with opportunities to learn about diverse technical and
engineering careers in context, connecting them with examples of
real world application. Young innovators will engage in a virtual
field trip, maker activities and a national student challenge.
The curriculum is currently in development and will be
introduced to schools in the U.S. later this year, with plans to
expand the collaboration in the coming years.
This program complements Stanley Black & Decker's existing
maker-focused efforts that include Makerspace collaboration
initiatives with universities and other organizations, global
apprenticeship programs, sponsorship of WorldSkills International,
and the company's recent announcement of its Manufactory 4.0
initiative that includes job retraining efforts.
About Discovery Education:
As the global leader in standards-based digital content for K-12
classrooms worldwide, Discovery Education is transforming teaching
and learning with award-winning digital textbooks, multimedia
content, professional learning, and the largest professional
learning community of its kind. Serving 4.5 million educators and
over 50 million students, Discovery Education's services are
available in approximately half of U.S. classrooms, 50 percent of
all primary schools in the UK, and more than 50 countries around
the globe. Inspired by Discovery, Inc., Discovery Education
partners with districts, states, and like-minded organizations to
captivate students, empower teachers and transform classrooms with
customized solutions that increase academic achievement. Explore
the future of education at DiscoveryEducation.com.
About The STEMIE Coalition:
The STEMIE Coalition is a global consortium of invention education
stakeholders whose aim is to formalize project-based invention and
entrepreneurship education in primary and secondary schools
worldwide, with a near-term emphasis on the U.S. and a 2018-onwards
vision to globalize across the world. STEMIE currently has
statewide programs in 18 states, invention convention presence in
46 states, and will be active in all 50 states within the next
three years. http://www.stemie.org
About Stanley Black & Decker:
Stanley Black & Decker (NYSE: SWK) is a $13 billion revenue, $20+ billion market
capitalization, purpose-driven industrial organization
headquartered in New Britain, CT,
where it was founded 175 years ago. With 58,000 employees in more
than 60 countries, the company is for the makers and innovators,
the craftsmen and the caregivers, and those doing the hard work to
make our world a better place. Stanley Black & Decker operates
the world's largest tools and storage business, featuring iconic
brands such as BLACK+DECKER, Bostitch, CRAFTSMAN, DEWALT, FACOM,
Irwin, Lenox, Porter Cable and
Stanley; the world's second largest commercial electronic security
company; and operates a leading engineered fastening business, as
well as Oil & Gas and Infrastructure businesses. Learn more at
www.stanleyblackanddecker.com.
Media Contacts:
Tim Perra
Vice President, Public Affairs
Stanley Black & Decker
Phone: 860-826-3260
Email: Tim.Perra@sbdinc.com
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SOURCE Stanley Black & Decker