Stanley Black & Decker signs the Renewable Thermal Collaborative’s Buyers’ Statement, furthers commitment of renewable energy use and lower greenhouse gas emissions

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WASHINGTON, D.C. (December 15, 2020) — Stanley Black & Decker is the latest organization to sign on to the Renewable Thermal Collaborative’s (RTC) Buyers’ Statement, furthering their commitment to renewable thermal energy use and continued efforts to lower overall greenhouse gas emissions. By becoming a signatory, Stanley Black & Decker will be joining a coalition of 21 other global organizations, including Cargill, Procter & Gamble, AstraZeneca, Novo Nordisk, and L’Oréal USA, who have committed to expanding the renewable thermal energy market.

Stanley Black & Decker, who also became an RTC member this year, has ambitious climate goals, pledging to become Carbon Positive across their Scope 1 and 2 emissions by 2030. Signing on to the Buyers’ Statement is yet another commitment that the company is making to sustainably change their operations.

“We are proud to sign the Renewable Thermal Collaborative’s Buyers’ Statement,” said Deb Geyer, Corporate Responsibility Officer of Stanley Black & Decker. “Our sustainability strategy no longer simply seeks to reduce negative impact, but to positively impact the environment through our operations and puts us on a path to making a difference and creating a more sustainable world. We are proud to be amongst other leading companies helping to advance thermal innovation, drive thoughtful discussion and collaborate to lower our Scope 1 greenhouse emissions.”

The Renewable Thermal Collaborative’s Buyers’ Statement identifies six non-ranked priority areas of engagement that will expand and accelerate the renewable thermal energy market. The statement includes accelerating cost-effective renewable thermal technologies, creating market approaches and instruments, increasing market transparency, standardizing renewable thermal energy products, creating innovative finance and project structures, and expanding collaboration among market stakeholders.

About the Renewable Thermal Collaborative:

As the only initiative that is focused on renewable heat and cooling from a buyers’ perspective, the Renewable Thermal Collaborative serves as meeting point for large thermal energy users that can come together collaboratively to understand the problems in the market, learn from each other, and overcome these barriers to put the industrial sector on a path to reducing emissions by 30% by 2030 and full sector decarbonization by 2050. The RTC is led by its Steering Committee comprised of their current members and is facilitated by World Wildlife Fund, the Center for Climate and Energy Solutions, and David Gardiner and Associates.

Contact: Nicolette Santos, Communications Associate, nicolette@dgardiner.com