Committed to closing the trade skills gap through upskilling programs, we have invested nearly $20 million since 2023 in our effort to grow the trades. We are doubling down on our investment by increasing our commitment to $60 million by 2030 in support for the tradespeople and communities we serve, while unlocking future growth for our business.
Through our Grow the Trades program, we strive to strengthen our business by empowering people beyond our walls. To address the demand for tradespeople, we’ve committed $60 million by 2030 to upskilling and reskilling tradespeople. By investing in these programs, we’re working to close the trades skills gap with the aim of positively impacting the communities and markets we serve.
Internally, we strive to cultivate a safe and inclusive workplace where all employees thrive, operate at their full potential and contribute to delivering extraordinary business outcomes. Attracting, retaining and engaging top talent is central to realizing our global strategic vision of being an employer of choice and further aligning our people pillar initiatives with our overall business strategy.
Empowering the Trades
A Decade of Impact
For the past ten years, we’ve partnered with WorldSkills to support the people making our world.
See the PartnershipWorkforce of the Future
We view each employee as an essential contributor to our shared success. Our investments in training and development work hand in hand with our efforts to foster a safe, collaborative and engaging environment where everyone can feel supported and empowered to own and progress in their career at Stanley Black & Decker.
Employee Health and Safety
As a world-leading manufacturer in our industry, safety is a top priority. Our seven Safety Cardinal Rules, established in 2023, set clear expectations for all employees and contractors to follow. As we've strengthened our safety culture, we've seen an 18% reduction in recordable injuries year over year in 2024, following a 22% reduction year over year in 2023.¹
Philanthropy
We focus our philanthropic initiatives on areas where we can make the greatest and most relevant impact. Trade-related education has been featured prominently in our efforts, and we partner with organizations like WorldSkills International and Girl Scouts of the USA to support and inspire the next generation of tradespeople.
We also support organizations focused on disaster recovery and relief, such as the American Red Cross Disaster Responder Program. That’s how we continue to be For those who make the world™.