Stanley Black & Decker

Industries Household and Personal Products
Subsidiaries Dewalt, Craftsman, Lenox, Irwin, Cub Cadet, Troy-Bilt
Activism

Companies who scored 100% on the 2023-2024 Corporate Equality Index.

Companies that likely use Benevity to vet charitable recipients, thereby discriminating against mainstream advocacy organizations through the SPLC's overly broad "Hate List."

Companies who signed the Business Roundtable 2019 Stakeholder Capitalism statement

The biggest 1000 U.S. companies by revenue according to form 10-K.

Companies that offer so-called transgender healthcare for their employees and covered dependents.

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Rating Overview

Risk Rating: Lower

Stanley Black & Decker is Lower Risk.

Stanley Black & Decker (SBD) is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. SBD occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Lower Risk
Discriminatory Philanthropy High Risk
Employment Protection Medium Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium Risk
Funding Lower Risk
Political Actions Medium Risk

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Lower

Rationale:

Stanley Black & Decker has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

High

Rationale:

Stanley Black & Decker likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (1)(2)(3).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

Stanley Black & Decker had a history of divisive employment policies. However, in September 2024, the company pledged to shift its corporate policies and practices back toward neutral. The company pledged to end divisive employee resource groups, end all divisive trainings, abolish its DEI department, and stop discriminating based on race and sex in its supply chain (1). Stanley Black & Decker followed through on their pledge to keep ERGs open to all employees and not focused on race or sexual orientation. In 2025, the company launched 4 employee-led Business Impact Groups (BIGs) (2)(3). The company followed It does not provide viewpoint protections for its employees (4).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

Stanley Black & Decker had a history of using its reputation to support divisive causes, organizations, and policies and scored a 100 out of 100 on the Human Rights Campaign’s 2023-2024 Corporate Equality Index. However, in September 2024, the company pledged to shift its corporate policies and practices back toward neutral and pledged to stop submitting data to the HRC (1)(2)(3). CEO Donald Allan Jr. is a member of the Business Roundtable, and Former CEO James M. Loree signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (4)(5).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Stanley Black & Decker had a history of funding divisive causes, organizations, and policies. However, in September 2024, the company pledged to shift its corporate policies and practices back toward neutral. The company pledged to stop sponsoring nonbusiness activities (1)(2)(3)(4)(5)(6). In September 2024, Stanley Black & Decker pledged to reevaluate their coverage for transitioning children upon the renewal of their healthcare policy. However, the company still appears to offer transgender benefits to employees and dependents (7)(8)(9)(10).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Medium

Rationale:

Stanley Black & Decker has not used its PAC donations for ideological purposes but has lobbied for the Equality Act (1)(2)(3).