SOURCE: Stanley Black & Decker
DESCRIPTION:
Innovation and sustainability are core to our future and intertwined in our culture.
To foster rapid, pervasive and sustainable innovation and to capitalize on the pace of change, we have advanced our innovation ecosystem. It is designed to maximize the potential of internal resources and external partnerships through collaborative relationships with entrepreneurs, academic institutions, research labs and other parties. Together we are exploring key technologies, new materials and new thinking that can be applied to our manufacturing and business processes resulting in sustainable innovation For Those Who Make The World™.
Techstars Sustainability Challenge
The Techstars Sustainability Challenge brings together founders and industry leaders in sustainability. Stanley Black & Decker is a supporting partner and key participant. This equity-free challenge connects promising startups and innovators with industry-leading corporate partners to build out real-world solutions. 2020’s innovation focus: creating more sustainable supply chains through data and automation solutions and reducing materials and end-of-life impact.
Joining Greentown Labs as a Corporate Partner
Stanley Black & Decker has joined Greentown Labs, North America's largest climatetech incubator, as its newest Terawatt Partner—the highest level of engagement with the incubator. The partnership facilitates our ability to engage directly with the startup community to accelerate climatetech innovations to make tangible positive impacts toward climate change. We also gain access to curated startup pitch days with innovations from emerging technology sectors, and obtain a seat on Greentown’s Advisory Board. Dina Routhier, President of STANLEY Ventures, will serve on the Advisory Board for 2021. A unique element of the partnership—and an impressive addition to the Greentown community—is the Stanley Black & Decker Tool Shop that we are establishing on-site at Greentown’s headquarters in Somerville, Massachusetts. This shop’s donated tools and equipment will be made available to Greentown’s community of more than 100 climatetech startups, and we will provide training to Greentown’s entrepreneur-makers to ensure a seamless and safe user experience.
Click here to read more in Stanley Black & Decker's 2020 ESG Report
KEYWORDS: NYSE:SWK, Sustainability, Stanley Black & Decker
