Overall impact
D (26)

Commentary

Fastenal is a below-average overall performer. With a 'D' rating of 25.8 for overall impact (bottom 10% of all companies), Fastenal ranks 26th out of 30 industry peers, behind Applied Industrial Technologies, Yappn, Calloways Nursery and 22 others, and ahead of GrowGeneration, Nl Industries, Park Ohio and 1 other. On top material causes for Fastenal's industry (Industrial Goods), Fastenal performs poorly in Disaster Readiness and Effective Aid (38.3 score), No Poverty (20.1), Healthy Oceans (35.6) and 13 other causes where it received a 'D' or 'F' score. Fastenal did not receive an 'A' rating on any cause.
Impact
Cause FAST
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Company
Founded
1967
Employees
21,339
Sector
Industrials
Industry
Trading Companies & Distributors
Sub-industry
Trading Companies & Distributors
SASB industry
Multiline and Specialty Retailers & Distributors
Headquarters
Mn, United States
Share classes
FAST
Mission
To grow our company by providing our customers with a superior offering of products, consumption tracking capabilities and Reseller Consortium partners.
Description
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Material causes
Ethos considers the following causes material for Fastenal, based on its industry sub-industry Trading Companies & Distributors. Learn more about material causes in our methodology overview.
Not available

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