Resource Use and Circular Economy
Managing resources, materials, and waste within our operations and our communities
through the adoption of circular economy strategies is vital for promoting responsible
consumption and production.
affordable-clean-energy
sustainable-cities-communties
responsible-consumption-production
Goals and Targets
  • Develop and promote a circular business model by increasing
    repairability and recyclability of our products
  • Ensure the responsible consumption of resources across
    our business
  • Achieve a 90% waste-diverted-from-landfill rate by 2030
Progress
  • 250,000+ tools sold annually at Direct Tools Factory Outlet stores
  • Waste-diverted-from-landfill rate at 86%, increasing 1%
    from 2023
Value Chain
Suppliers
Operations
Customers
Resource Use and Circular Economy
Risks
Opportunities
Responses
  • Contributing to climate change
    by mismanaging waste streams
  • Adopt a circular approach to resources and
    waste through technological advancements
  • Share relevant information with partners
    and retailers to align strategy
  • Creating waste management initiatives and
    training across the value chain
  • Expanding our repair and refurbishment programs
  • Set a target to achieve a 90% waste-diverted-from-landfill rate by 2030
  • Resource scarcity
  • Strengthen existing circular economy
    initiatives and explore opportunities
    for additional circular value chains
  • Partner with suppliers to ensure
    resources remain abundant
  • Implementing responsible raw material
    procurement initiatives and partnerships
  • Developing service centers and recycling
    partnerships
  • Maintaining our internal service and repair
    programs such as our RYOBI Rapid Repair
    and MILWAUKEE eService
  • Use of unsustainable
    raw materials in products
    and packaging
  • Conduct research to better understand
    and prepare for market demand of
    sustainable materials
  • Research and develop new recyclable
    and sustainable materials
  • Share relevant information with partners
    and retailers to align strategy
  • Polymer bag removal
  • Expanded Polystyrene removal
  • Replacing paper manuals with e-Manuals
  • Replacing clamshell packaging with
    recyclable boxed packaging
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