Datasets:
WHATX
/
ESG_Report

Dataset card Data Studio Files
xet
 Community
text
stringlengths
0
7.73k
Feature stories Who we are How we work What we create About report 41 3M 2021 Sustainability Report | #improvinglives
Our Strategic Sustainability Framework.
Our corporate Vision culminates in our ambition to improve every life. Together with our Values, these elements drive and inform our approach to sustainability through the Strategic Sustainability Framework, which directs 3M’s efforts to areas where we can make the greatest impact.
We have set clear commitments and an ambitious, long-term strategy that will leverage our passion for science. Our intent is to use a science-based approach to tackle the challenges that are most material to 3M and critical to our planet and the people living on it. Building on our global capabilities and diverse technologies, we are focusing on three priority areas:
Design solutions that do more with less material, advancing a global circular economy.
Science for Circular.
Innovate to decarbonize industry, accelerate global climate solutions and improve our environmental footprint.
Create a more positive world through science and inspire people to join us.
Science for Climate.
Science for Community.
Feature stories Who we are How we work What we create About report 42 3M 2021 Sustainability Report | #improvinglives
Design solutions that do more with less material, advancing a global circular economy.
Our current global economy’s linear business model of “take, make, and waste” is depleting natural resources faster than they can be replenished and straining ecosystems. Imagine repurposing a piece of plastic at the end of its use, giving it another life as something else. Its use would become circular, and the end of use wouldn’t mean the end of life.
A circular economy does more with less, keeps products and materials in use, designs out waste and pollution, and regenerates natural systems. At the core is an opportunity to develop technologies and business models that are restorative and regenerative by design. At 3M, we see the circular economy as an opportunity to inspire leadership, innovation, and disruptive change, all driving impact for a sustainable future.
For more information, see the Circular materials section.
Innovate to decarbonize industry, accelerate global climate solutions and improve our environmental footprint.
The world’s natural environment is experiencing disruptive change. Factors such as rising sea levels, elevated pollution levels, poor air quality, resource scarcity, and extreme weather events have led to greater concerns about the future health of the planet and its people. At 3M, we support the global consensus set forth in the 2015 Paris Agreement, and we are acting on the 2018 findings of the Special Report on Global Warming of 1.5°C by the Intergovernmental Panel on Climate Change by incorporating them into our goals, operations, and actions. The global climate crisis impacts business, our communities, and our families.
We believe that by working together with our employees, customers, partners, suppliers, government, and communities, we can help drive the systemic change needed. We recognize the work to be done and are inspired by the opportunity to chart our collective path forward.
For more information, see the Climate and energy section.
Create a more positive world through science and inspire people to join us.
By 2050, the world population is expected to surpass nine billion people. Science is more important than ever to help our growing population live well. We need scientific solutions to global challenges like climate change, accessible health care, interconnectivity, and safe workplaces — and technical skills are increasingly required for all types of jobs.
By investing in programs that promote a circular economy, fight against climate change, and create a more positive world through science, 3M inspires employees to make an impact on the world. At 3M, we recognize the importance of science and use it every day to improve the lives of people in communities around the world through our products and our actions. We know that in order to solve global challenges, we need new technologies, creative scientists, and evidence-based policies and decisions to drive impactful change.
We recognize the importance of well-trained science, technology, engineering, and mathematics (STEM) graduates and the critical need for equitable access to STEM education and careers, which drive us to advance diversity, equity, inclusion, and social justice within our company and community.
We believe in the power of science, sharing our expertise, and investing in the bright minds of tomorrow. Together, we will lead and design a sustainable future for all.
For more information, see the Communities section.
We believe in the power of science, sharing our expertise, and investing in the bright minds of tomorrow. Together, we will lead and design a sustainable future for all.
Science for Circular Science for Climate Science for Community.
Feature stories Who we are How we work What we create About report 43 3M 2021 Sustainability Report | #improvinglives
Our actions.
When it comes to strategic planning, collaborations, environmental and social goal setting, and reporting, we seek and rely on both internal and external input in order to understand the top social, economic, and environmental global challenges.
Stakeholder engagement 3M’s stakeholder engagement strategy on priority topic areas continues to evolve. We continually look to our stakeholders to help us increase our understanding, broaden our awareness, seek technical input and expertise, and evaluate possible collaborations and strategic partnerships. We rely on their counsel and expertise to help guide us. We believe stakeholder engagement should be based on candid and authentic dialogue — grounded in 3M’s Values — and should contribute to the evolution of our strategic priorities.
Stakeholder engagement varies greatly by geography, type, and function. For example, we frequently engage 3M employees globally through sustainability communications and events with diverse content based on our materiality topics.
Materiality assessment.
Every other year starting in 2014, 3M has commissioned GlobeScan, an independent research consultancy, to assist us in better understanding our stakeholders’ perspectives on key issues and assessing our corporate reputation and leadership opportunities.
The 2020 assessment explored stakeholder perceptions of 3M’s sustainability strategy and its three pillars: Science for Circular, Science for Climate, and Science for Community. Stakeholders included customers, suppliers, NGOs, corporate/private sector, academics, consultants, government, media, finance, trade associations, and think tanks and were representative of 3M’s four business groups and all regions of operations. At the same time, 3M conducted a similar process through an internal online employee survey. For more information, see our feature story, Stakeholders weigh in on our Sustainability Framework.
Following the GlobeScan assessment, we analyzed insights and inputs from stakeholders and developed the sustainability priority matrix. The matrix also demonstrates how our Sustainability Goals align with the United Nations 2030 Agenda for Sustainable Development, which includes 17 Sustainable Development Goals (SDGs).
Each priority topic is categorized into one of three tiers based on importance and reputation:
Tier 1: most critical issues with highest potential impact.
Tier 2: important issues with high potential impact.
Tier 3: issues with average level of importance.
Explore the priority matrix �
Feature stories Who we are How we work What we create About report 44 3M 2021 Sustainability Report | #improvinglives
Priority topic & tier Our actions Links to additional information Goals & commitments Related SDG.
Science for Circular.
Plastic/ packaging waste.
To support our circularity efforts, we work to select packaging materials on the front end so they can be recycled after use rather than be discarded on land or in waterways. We also continue to increase recycled content, make our packaging easier to recycle, encourage reusable packaging where appropriate, and increase the use of renewable materials.
Circular materials.
Sustainable packaging solutions.
Require every new product that enters 3M’s new product commercialization process to have a Sustainability Value Commitment, demonstrating how it drives impact for the greater good.1.
Reduce manufacturing waste by 10%, indexed to sales, by 2025.
Reduce dependence on virgin fossil-based plastic by 125 million pounds by 2025.3.
Accumulation of toxic substances.
Product safety, quality, and stewardship must always be primary considerations during the design, manufacturing, marketing, and sale of 3M products, as outlined by our Product Safety, Quality, and Stewardship Principle.
3M’s Chemicals Management Policy reflects the evolving values of 3M and our stakeholders. To continuously improve the environmental, health, and safety attributes of our products, 3M has identified specific chemicals whose use in products and manufacturing processes is subject to restrictions or specific management actions.
Innovation management.
Circular materials.
Product Safety, Quality, and Stewardship Principle.
Chemicals Management Policy.
Require every new product that enters 3M’s new product commercialization process to have a Sustainability Value Commitment, demonstrating how it drives impact for the greater good.1.
Limited availability of sustainable products/ services.
In 2019, we announced our Sustainability Value Commitment, which embeds sustainability into the pipeline that produces 3M’s diverse global products. Considerations include reusability, recyclability, waste reduction, energy and water savings, and responsible sourcing or use of renewable materials appropriate to the specific product throughout its life cycle.
Circular materials.
Making strides embedding sustainability into new products 3M Sustainability Value Commitment.
Require every new product that enters 3M’s new product commercialization process to have a Sustainability Value Commitment, demonstrating how it drives impact for the greater good.1 3M sustainability priority matrix 12.5 3.9 12.2, 12.5 8.4 9.4.
Feature stories Who we are How we work What we create About report 45 3M 2021 Sustainability Report | #improvinglives
Priority topic & tier Our actions Links to additional information Goals & commitments Related SDG.
Science for Circular.
Poor water quality We respect our ecological and ethical responsibility and have a vested interest in preserving and improving the quality and availability of water in the communities we serve and beyond.
In 2021, 3M announced that we expect to invest approximately $1 billion over the next 20 years to accelerate new environmental goals. We will use our expertise and advanced technology to remove impurities from the water we use and return even higher-quality water to the environment after its use in manufacturing operations.
Circular materials 3M commits to achieving carbon neutrality, reducing water use, and improving water quality.
For 3M’s global manufacturing operations, enhance the quality of water returned to the environment by 2030. Our initial focus is on state-of-the-art water purification technology at the largest U.S. water use locations; operational by the end of 2024.1.
Waste from manufacturing/ operations.
We believe it is our responsibility to carefully assess renewable and recycled materials, water, packaging, and waste as we focus on designing solutions that do more with less material, advancing a global circular economy.
We reduce, recover, reuse, and recycle byproducts and other surplus material in our operations whenever feasible. When not feasible, we responsibly dispose of waste materials.
Circular materials Reduce manufacturing waste by an additional 10%, indexed to sales, by 2025.
Achieve zero landfill status at more than 30% of manufacturing sites by 2025.
Shortages of available fresh water.
In 2021, 3M announced that we expect to invest approximately $1 billion over the next 20 years to accelerate new environmental goals, including reducing water use by 25% at our facilities.
Each 3M site located in a water-stressed area is required to understand its water use and associated business risks and impacts and must work with local water resources to understand potential impacts on the surrounding area.
Circular materials 3M commits to achieving carbon neutrality, reducing water use, and improving water quality.
Reduce global water usage by the following amounts: 10% by 2022, 20% by 2025, and 25% by 2030, indexed to sales.1,2.
Engage 100% of water stressed/ scarce communities where 3M manufactures on community-wide approaches to water management by 2025.
Scarcity of raw materials In 2019, we announced our Sustainability Value Commitment, which embeds sustainability into the pipeline that produces 3M’s diverse global products. Considerations include reusability, recyclability, waste reduction, energy and water savings, and responsible sourcing or use of renewable materials appropriate to the specific product throughout its life cycle.
We engage our suppliers to help accelerate solutions that support 3M’s Sustainability Value Commitment.
Circular materials.
Suppliers.
Making strides embedding sustainability into new products.
Our commitment to sustainable forestry.
Supplier Sustainability Solutions 3M Sustainability Value Commitment.
Drive supply chain sustainability through targeted raw material traceability and supplier performance assurance by 2025.