MAY - JUNE, 202019 CXOINSIGHTSACCELERATING THE GREEN INNOVATION ECOSYSTEMBY DR. MARK MAYBURY, CHIEF TECHNOLOGY OFFICER, STANLEY BLACK & DECKERWHAT IS SBD'S ROLE IN INNOVATION AND SUSTAINABILITY? As our Chairman Sir George Buckley and our CEO Jim Loree say, Stanley Black & Decker aims to be "a force for good". A part of our broader social responsibility mission, we passionately pursue extreme innovation across the globe in both new and first of kind products and services to enhance security, safety and sustainability. For example, our cordless tools can increase efficiency and safety on construction sites, our novel light weight composite fasteners can increase the efficiency of electric vehicles, andour fall and health predictive analytics can enable aging in place by providing adverse event alerts weeks in advance. To surge our progress, Vice President Deb Geyer, head of Environment, Health & Safety (EHS) and Corporate Social Responsibility (CSR) and I work closely with our innovators across our internal and external ecosystem to advance safe and sustainable solutions. Through Deb's leadership, in 2018 SBD was included in the Dow Jones World Leader's Sustainability Index and was designated a global leader by the Carbon Disclosure Project for six consecutive years, and recently listed on the `Climate A' list for both climate change and water security.CAN YOU GIVE A SPECIFIC EXAMPLE OF WHERE SBD IS CONTRIBUTING TO SUSTAINABILITY IN ITS OPERATIONS?Our 176-year-old company has a legacy of environmental focus and sustainability. For example, in 1925 the Stanley Works built the Farmington River Power Plant that's still in operation today, annually feeding 32 million kilowatts of Mark Maybury is Chief Technology Officer at Stanley Black & Decker where he leads an innovation team across the company's global businesses and functions, advises senior leadership on technological threats and opportunities, and accelerates access to all elements of the global technology ecosystem. Prior to joining Stanley Black & Decker, Mark spent 27 years at The MITRE Corporation, where he held a variety of strategic technology roles, including Vice President of Intelligence Portfolios, Chief Security Officer, and Director of the National Cybersecurity Federally Funded Research and Development Center. Before joining MITRE, Mark served as a U.S. Air Force officer, to which institution he later returned as Chief Scientist from 2010 to 2013. Mark holds a bachelor's degree in mathematics, a master's degree in computer speech and language processing, a Master of Business Administration, and a doctoral degree in artificial intelligence. Mark is a member of Defense Science Board and the Board of the Mark Twain House and Museum. He is an IEEE Fellow and a Fellow of the Association for the Advancement of Artificial Intelligence.Stanley Black and Decker is pursuing socially responsible innovation and sustainability in alignment with our Purpose For Those Who Make The WorldTM.clean, renewable energy directly into the grid, enough to power 2000 homes. In our global operations, by 2020 we are aiming for a 20% reduction in energy and water consumption, waste generation, and carbon emissions. By 2030 we plan to be carbon positive (carbon capture > carbon emissions), achieve zero waste to landfill and sustainable water use across our operations positively contributing to communities and our world. We support U.N. sustainable development goals with certification from the Science Based Targets initiative. For example, as a result of ongoing ECOSMARTTM projects, in 2018 we reduced 8,840 metric tons of CO2 and in 2019 we are targeting an additional 4,000 metric tons of reduced CO2. Today, 35 of our manufacturing and distribution centers around the world are zero waste to landfill (ZWTL) with an addition 8 targeted by the end of 2019 diverting already 14,000 metric tons of waste away from landfill over the past 5 years.
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