Market Briefing

  • US Economy
  • Housing
  • Power Tool Industry
  • Distribution
  • Canada
  • Market Trends
  • PDF
  • US Economy
  • Housing
  • Power Tool Industry
  • Distribution
  • Canada
  • Market Trends
  • PDF

Power Tool Industry

Power Tool Industry June 2021

6/7/2021

 
Stanley Black & Decker
Managing both short-term profitability concerns and long-term sustainability goals is complicated even more by a global crisis,
according to SB&D CEO Jim Loree. Loree told the Financial Times that Environmental, Social and Corporate Governance (ESG) is even more important during trying times. He said that they could not be more committed to the ESG program they began about five years ago. SB&D was named to the 100 Best Corporate Citizens for their outstanding environmental, social and governance transparency and performance among the 1,000 largest US public companies. SB&D ranked number 69 overall and number 8 in the Capital Goods industry. The ranking is based on 146 ESG transparency and performance factors that include climate change, environment, human rights and employee relations.
 
SB&D highlighted their mentorship program with Techstars by co-hosting a “Demo Day” virtual event to highlight some of the innovators Techstars has discovered and fostered. They featured Peer Robotics, which they described as the first collaborative mobile robot that understands humans through what is known as pathic feedback, which essentially means anyone can deploy the robot right out of the box, steer it along its path and teach it how to perform the task autonomously. There is no need for experts, engineers or training with special devices. That reduces costs and increases accessibility. They also featured Mentor Madness, which developed tracking technology that can be deployed in inventory management. Sensei Analytics was recognized for their new forecasting tool that can be deployed with much less data than normally required, making it more useful for dealing with rapidly changing circumstances such as occurred during the pandemic. 
Next Section
​© Robert Bosch Tool Corporation.  All rights reserved, no copying or reproducing is permitted without prior written approval.

Comments are closed.


    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016

    Picture
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture


    ​Contact Us

Powered by Create your own unique website with customizable templates.