Better Health for All

Fastenal's principal goods and services, industrial and construction supplies, have a neutral direct health impact. During the 2020 COVID-19 pandemic, the company demonstrated a comprehensive global health crisis response by partnering with Universal Health Services (UHS) to deliver critical supplies, including gowns, gloves, and shoe covers, to 400 facilities across the U.S., Puerto Rico, and the U.K.

Fastenal also collaborated to produce approximately 40,000 face shields for healthcare workers in Quebec. These actions provided comprehensive support to the healthcare workforce by addressing urgent personal protective equipment (PPE) shortages, enabling medical professionals to continue patient care safely during a critical period.

Fair Money & Economic Opportunity

Fastenal Company is a global distributor of industrial and construction supplies, not a financial institution. As such, it does not offer lending, deposit, or other consumer financial services. Therefore, the company does not have APRs, fee structures, loan books, or financial literacy programs for customers to evaluate against the 'Fair Money & Economic Opportunity' value. While Fastenal has a Supplier Diversity Program to purchase from small and diverse businesses

and an Employee Stock Ownership Plan (ESOP) for employee retirement savings , these initiatives do not directly align with the KPIs, which are designed for financial services impacting underserved customers and communities.

Fair Pay & Worker Respect

In August 2021, Fastenal resolved a hiring discrimination case, paying $168,000 in back wages to 483 female job applicants for discriminatory practices between 2016 and 2018 at one facility

. The company also settled a lawsuit in April 2019 for $50,000 over alleged pay discrimination against two female sales support employees . Historically, Fastenal agreed to a $1.25 million settlement in October 2015 for discriminating against African American and female job applicants at two distribution facilities , and a $10 million settlement in 2008 for wage and hour violations . Between 2000 and 2024, Fastenal faced 24 safety-related offenses, incurring $479,409 in OSHA penalties . In 2024, Fastenal achieved ISO 45001 re-certification for its occupational health and safety management system and received an EcoVadis silver medal for sustainability .

Fair Trade & Ethical Sourcing

In 2024, Fastenal directed 26% of its total inventory spend to diverse businesses

. The company has a Conflict Minerals Policy and implemented a comprehensive program in 2023 to ensure responsible sourcing of tin, tantalum, tungsten, and gold (3TG) by conducting due diligence in line with OECD guidance to prevent their use . Fastenal's Global Supplier Purchase Order Terms & Conditions and Supplier Code of Conduct enforce ethical standards . A Supply Chain Compliance team engages directly with global suppliers to ensure adherence to ethical business and labor practices, focusing on preventing labor abuses and ensuring fair wages . Fastenal received an EcoVadis silver medal in 2024, ranking in the top 25% for sustainability management , and publishes annual ESG reports aligned with GRI standards .

Honest & Fair Business

Fastenal incurred a total of $793,000 in ethics-related regulatory fines within the past three years. This includes a $168,000 payment in August 2021 to settle a hiring discrimination complaint with the U.S. Department of Labor for practices between 2016 and 2018.

Additionally, in January 2021, the company was ordered to pay $625,000 for charging undisclosed fees to retail customers in California.

Kind to Animals

The provided articles discuss Fastenal's general commitment to sustainability and ethical practices, as evidenced by its 2024 ESG report

and an EcoVadis Silver Medal for sustainability management , which covered areas including sustainable procurement . However, neither article contains specific, concrete data points or details pertaining to any of the 'Kind to Animals' KPIs, such as cruelty-free certifications, animal testing, humane operations, wildlife conservation impact, ethical ingredient substitution, supplier audits for animal welfare, cage-free sourcing, or animal welfare policy engagement. Therefore, no KPIs can be scored based on the available evidence.

No War, No Weapons

Fastenal Company has engaged in various contracts with U.S. military entities. In August 2010, the company secured an $850,000 contract to supply spare parts for Mine Resistant Ambush Protected (MRAP) vehicles, with an annual value of $185,000 until 2015.

In September 2021, Fastenal was awarded an Indefinite Delivery Contract by the U.S. Air Force, with a ceiling value of $69 million and $25.2 million in obligations to date, set to conclude in September 2027. Additionally, in August 2024, Fastenal received an $8,000 purchase order contract from the Naval Shipyard & Intermediate Maintenance Facility - Puget Sound for hardware and tools. While these engagements indicate Fastenal derives a portion of its revenue from defense contracts, specific percentages of revenue from these contracts are not publicly disclosed.

Planet-Friendly Business

Fastenal reported zero EPA regulatory violations for 2022, 2023, and 2024.

The company achieved an 80% waste diversion rate in 2024. Fastenal sources 1.8% of its operational energy from renewables. The company has a net-zero emissions target year of 2050 and is developing a transition plan with an intention to establish science-based targets in the coming years, but these targets are not yet validated. Fastenal aligns with TCFD frameworks and includes a TCFD Index in its reports, but its current strategy and risk management plan does not include climate scenario analysis.

Respect for Cultures & Communities

Fastenal Company's business model, focused on industrial distribution, primarily involves logistical and technical concerns, leading to limited direct interaction with cultural or community engagement initiatives.

As a result, the company maintains a neutral impact on cultural respect, neither contributing positively nor negatively to the preservation of cultural heritage and indigenous rights. No specific initiatives or active practices in these areas have been reported.

Safe & Smart Tech

Fastenal has reported no previous cybersecurity incidents that have materially affected the company to date.

The company holds ISO/IEC 27001:2022 certification, 2024 re-certifications for ISO/IEC 27001, ISO 14001, and ISO 45001, and a SOC 2 Type 2 attestation report. Fastenal conducts organization-wide cybersecurity training and compliance exercises annually for all employees, including regular phishing tests where failing employees are redirected for additional training. The results of this training are tracked and reported quarterly to executive leadership and the Board. Users have mechanisms to access and request deletion of their personal data, with confirmation of requests within 72 hours and data provision within one month. Fastenal demonstrates compliance with major privacy regulations including GDPR, CCPA/CPRA, Federal Personal Data Law (Mexico), and LGPD (Brazil), noting the necessity for a more stringent program for CCPA/CPRA.

Zero Waste & Sustainable Products

Fastenal achieved an 80% waste diversion rate in 2024.

The company has implemented numerous waste reduction initiatives, including a partnership with Trex Company that diverted over 1 million pounds of plastic from landfills since August 2023. They also utilize 1.3 million reusable mini load containers and nearly 140,000 reusable plastic totes for deliveries. Hazardous waste constituted only 0.05% of total waste generated in 2023, representing a 95.99% reduction from 2021. The company reported zero EPA regulatory violations for waste disposal in 2022, 2023, and 2024. Fastenal has set a target for a 45% intensity reduction in key facilities by 2030 from a 2021 baseline and is working towards zero waste certifications for two manufacturing facilities, with one expected to be certified in 2025. Additionally, they exceeded their first-year goal of diverting 600,000 pounds of plastic, diverting over 800,000 pounds. Customer education includes programs like WeRecycle for safety cutters, a PPE Recovery Program, and assistance with repurposing packaging materials.