Fastenal Releases 2025 Environmental, Social, and Governance (ESG) Report

Fastenal Company (‘Fastenal’, ‘we’, ‘our’, or ‘us’) is proud to announce the publication of our 2025 ESG Report. The report, which covers the year ending December 31, 2024, was produced with reference to the Global Reporting Initiative (GRI) standards and aligns with the ESG disclosure and reporting frameworks established by the Sustainability Accounting Standards Board (SASB, now part of the IFRS Foundation) and the Task Force on Climate-Related Financial Disclosures (TCFD).

The report highlights Fastenal’s ongoing foundational work to improve its ESG-related systems, processes, and reporting. It also tells a story of innovation – how our 24,000+ employees are using their talents and creativity to drive improvements in areas like sustainability, safety, cybersecurity, supply chain management, and customer solutions.

Some highlights from the report include:

• Received a second consecutive silver medal from EcoVadis, indicating the quality of Fastenal’s sustainability management system ranked in the top 15% of all companies rated by EcoVadis in 2024.
• Completed a double materiality assessment to further refine the most relevant ESG issues for Fastenal’s business and stakeholders in preparation for the European Union Corporate Sustainability Reporting Directive (CSRD). ⁽¹⁾
• Invested in two leading carbon reporting and compliance solutions to better manage our carbon inventory and illuminate opportunities for innovation and improvement.
• Continued to achieve excellent workplace safety results, including a superior Experience Modification Rate (EMR). EMR is a widely accepted measure of an organization’s health and safety risk determined by the National Council on Compensation Insurance. In 2024, Fastenal’s EMR was 54% better than the average performance rate for its industry group.

“A central theme of our ESG reports has been simply telling our story and then preparing for what comes next,” said Dan Florness, Fastenal’s CEO. “Our team has done a great job building systems designed to improve our accounting, reporting, planning, and execution. As a result, we believe we are well positioned to navigate the current regulatory environment and adapt for whatever lies ahead.”

VIEW THE REPORT HERE: www.fastenal.com/fast/esg

About Fastenal

Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal cutting products, to manufacturing, construction, and state and local government customers through more than 3,400 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. With continual investment in tailored local inventory, dedicated local experts, and flexible FMI^® (Fastenal Managed Inventory) and digital solutions, we help our business partners achieve product and process savings across the supply chain – a “high-touch, high-tech” approach encapsulated by our tagline, Where Industry Meets Innovation ^™ . Our local service teams are supported by 17 regional distribution centers, a captive logistics fleet, multiple teams of industry specialists and support personnel, and robust sourcing, quality, and manufacturing resources, enabling us to grow by getting closer to customers and providing innovative and comprehensive solutions to customer supply chain challenges.

Additional information regarding Fastenal is available on the Fastenal Company website at www.fastenal.com .

Contact:

Dray Schreiber – Financial Reporting & Regulatory Compliance Manager – (507) 313-7324

Source: Fastenal Company