STANLEY® Engineered Fastening Social Accountability Standards

STANLEY® Engineered Fastening suppliers and all subcontractors and agents involved in the supply, production, or delivery of products, materials, and services to STANLEY® Engineered Fastening are required at all times during their dealings with STANLEY® Engineered Fastening to comply with all applicable federal, state, and local laws, regulations, or prohibitions of the United States, its territories and all countries in which the products, materials, or services are produced or delivered with respect to the operation of their production facilities and their other business and labor practices, including but not limited to laws, regulations, and prohibitions governing the working conditions, wages, hours, and minimum age of the workforce. Any products, materials, or services provided, by the supplier shall not be provided, produced, or manufactured, in whole or in part, by child labor or by convict or forced labor, and any products, materials, or services provided by the supplier shall not be transshipped for purposes of avoiding compliance with labor laws. Suppliers shall also be required to furnish such documentation as required by STANLEY® Engineered Fastening to evidence compliance with the foregoing.

STANLEY® Engineered Fastening or a third party designated by STANLEY® Engineered Fastening shall have the right, at any time during which its suppliers are providing products, materials, or services to it, upon reasonable notice, to inspect the suppliers’ and their subcontractors’ and agents’ facilities to verify compliance with the foregoing.

All STANLEY® Engineered Fastening Suppliers must read and acknowledge acceptance of Stanley Black & Decker’s Social Accountability Standards.

In the event that STANLEY® Engineered Fastening discovers that a supplier is not in compliance with Stanley® Black and Decker’s Social Accountability Manual, STANLEY® Engineered Fastening shall have the right to cease doing business with such supplier.