A couple of weeks into the new calendar year, Fastenal issued a report that, for the first time in its more than 50-year history, takes stock of the company’s efforts related to various environmental and social issues.
The Minnesota-based fastener and industrial supply distributor joined the ranks of companies across a wide range of industries that evaluate their internal performance on environmental, social and governance goals. Fastenal officials called the company’s inaugural ESG report, examining its progress in 2021, a “significant step forward,” and the first of what will become an annual report beginning next year.
Fastenal Chief Financial Officer Holden Lewis joins Industrial Distribution to discuss the company’s debut performance on ESG metrics — and where it hopes to go from here.