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Double the representation of Black/ African American and Hispanic/ Latino employees.5,6.
Advance economic equity by creating five million unique STEM and skilled trades learning experiences for underrepresented individuals by the end of 2025.7.
Provide training to five million people globally on worker and patient safety by 2025.
Invest cash and products for education, community, and environmental programs by 2025.
4.4, 4.5, 4.c 3.c, 3.8 5.5 10.2.
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Priority topic & tier Our actions Links to additional information Goals & commitments Related SDG.
Transparency Acting with unwavering integrity and transparency is core to who we are. Our commitment to transparency is evident in many ways, including the publication of this annual Sustainability Report and our Diversity, Equity & Inclusion Report; and by submitting annual communication on progress as part of our commitment to the UN Global Compact.
About report.
Corporate Code of Conduct 3M 2020 Global Diversity, Equity & Inclusion Report.
Advocating laws and supporting sustainability 3M advocates for environmental policies and regulations that are guided by science-based decision-making and encourages the adoption and implementation of innovative solutions.
Corporate governance.
Climate and energy.
Lobbying and Political Activities Governance 1 2019 is the baseline measurement year.
2 Expands our previous commitment, which aimed to reduce water use by 10% between 2015 and 2025.
3 Established in 2021.
4 Expands our previous 2025 goal to stay below 50% of our 2002 baseline, meaning 3M’s 2030 Scope 1 and 2 emissions will now be reduced more than 85% from 2002 levels.
5 2020 is the baseline measurement year.
6 Established in 2020 to drive trend and trajectory progress over time.
7 2021 establishing baseline measurement year. 3M defines underrepresented individuals in the United States using National Science Foundation research. For global definitions, we rely on gender diversity and local context for marginalized populations.
17.14 16.6.
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Past, present, and future focus areas.
From 2014 to 2020, we have seen stakeholder priorities shift in the following ways: • From 2014 to 2020, climate-related issues have increased in importance for 3M, particularly climate change, which is now the most important issue to stakeholders, even when asked during the evolving context of the COVID-19 pandemic.
• Since 2016, transparency and human rights have moved from Tier 2 to Tier 1 priorities and have the highest relative impact on 3M’s reputation.
• Community health and safety, safe working conditions, and ethical business practices moved from Tier 1 to Tier 2 in 2020.
• In 2020, the “waste from operations” category was expanded to include reducing plastic and packaging waste. Reducing waste from operations, a Tier 1 priority since 2014, moved to Tier 2 in 2020. Plastic and packaging waste is a Tier 1 priority.
Focus areas were vetted through in-depth interviews with stakeholders, and they agreed with the placement of issues. Stakeholders further suggested that the priorities validated the importance of all three pillars because issues are diversely distributed across the three tiers. They foresee community-related issues, such as unemployment, diversity, and community building, becoming higher priorities in response to economic inequality and unemployment concerns resulting from COVID-19 and the increased focus on social justice, racial equity, and inclusion. Stakeholders have indicated that there will be increased pressure on companies to address social and economic equality issues.
Priority topics from our materiality assessment are also included in 3M’s Enterprise Risk Management (ERM) process. For example, climate change is one of the most important topics stakeholders think 3M should address. Within the ERM process, climate change risk is integrated as part of several existing high-risk areas, such as material vulnerability, product stewardship, and operating safety. For additional information, see the Enterprise risk section.
Data provided in this Sustainability Report includes information focusing on items with high potential to impact 3M’s reputation and items that are of the greatest importance to internal and external stakeholders, as defined by the materiality assessment.
Because we are a diversified company, several other environment-related topics and performance indicators relevant to various sectors of the company are also included in the report. 3M’s executive-level Innovation Steering Committee reviews, approves, and assures priority topics are covered in this Sustainability Report. In addition, the 3M Science, Technology & Sustainability Committee of the Board of Directors will annually review the company’s Sustainability Report.
Priority topics defined within this report apply to each entity within the 3M organization. The prioritization for the different aspects may vary within 3M operations and geographies, but they are still a priority. The insight from the 2020 materiality assessment will inform 3M’s long-term strategies and help direct our efforts to areas in which we can have a significant impact across our value chain.
Memberships and partnerships.
External engagements and collaborative efforts on priority focus areas help provide us with diverse viewpoints, a better understanding of the positions of our stakeholders, and a mechanism to learn from the successes and failures of our peers, all of which contribute to our commitment to a purpose-driven business.
Stakeholder engagement and collaboration efforts are core to how we drive our strategies and actions within our Strategic Sustainability Framework. With that in mind, you will find examples of these efforts throughout this report.
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Looking forward.
The world around us is changing rapidly. People need to continue to come together to create a more positive future where everyone can thrive. More than ever, we need science. The resilience of our planet, our people, and our economy depends on it.
We believe we can help. This is our purpose. That is why we are committed to three priority areas — Science for Circular, Science for Climate, and Science for Community — and it is why we are keeping stakeholder priorities top of mind as we reinvent the products, processes, and systems that will help improve every life.
More than ever, we need science. The resilience of our planet, our people, and our economy depends on it.
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Advancing impact.
Strengthening our goals to help create a sustainable future Our commitment.
For more than 40 years, 3M has been a leader among global corporations in sustainability actions and measures, beginning in 1975 with the creation of our groundbreaking 3M Pollution Prevention Pays (3P) program.
Our goals are becoming stronger and gaining momentum as we recognize how much needs to be done in order to make the world more sustainable for future generations. We are heading into a decade of action that will help accelerate solutions to some of the world’s biggest challenges. We are committed to doing much more than just focusing on what benefits us as a company. We have a commitment — and the ability — to use our resources and capabilities to positively impact the world.
Our stakeholders expect this of us, and we expect it of ourselves. In 2015, we launched our 2025 Sustainability Goals, expanding beyond 3M to include customers, suppliers, and social impact. The goals we are pursuing reflect a heightened commitment to going beyond compliance and thinking holistically about how our operations and products affect the world and every life in it. We see the opportunity, in the next decade, to create systemic change within the three pillars of our Strategic Sustainability Framework.
Our Strategic Sustainability Framework helps us apply science to improve every life.
It also helps guide our business decisions and strategy, as well as how we focus our efforts on local and global community impact. For that reason, we organize our 2025 Sustainability Goals to fit within each pillar of our Strategic Sustainability Framework — Science for Circular, Science for Climate, and Science for Community.
For more than 40 yrs 3M has been a leader among global corporations in sustainability actions and measures.
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• 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 good1 • 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 • Drive supply chain sustainability through targeted raw material traceability and supplier performance assurance by 2025 • Reduce global water usage by the following amounts: 10% by 2022, 20% by 2025, and 25% by 2030, indexed to sales 1,2 • 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 20241 • Engage 100% of water-stressed/ scarce communities where 3M manufactures on community-wide approaches to water management by 2025 • Reduce dependence on virgin fossil-based plastic by 125 million pounds by 2025 3,5 • Help our customers reduce their GHGs by 250 million tons of CO₂ equivalent emissions through the use of 3M products by 2025 • Improve energy efficiency indexed to net sales by 30% by 2025 • Reduce Scope 1 and 2 market-based GHG emissions by at least 50% by 2030, 80% by 2040, and achieve carbon neutrality in our operations by 2050 1,4 • Increase renewable energy to 50% of total electricity use by 2025 and to 100% by 2050 • Invest $50 million to address racial opportunity gaps in the U.S. through workforce development and STEM education initiatives by 2025 5 • Double the pipeline of diverse talent in management to build a diverse workforce by 2025 • Double the representation of Black/ African American and Hispanic/Latino employees in the U.S 5,6 • Advance economic equity by creating five million unique STEM and skilled trades learning experiences for underrepresented individuals by the end of 2025 7 • Provide training to five million people globally on worker and patient safety by 2025 • Invest cash and products for education, community, and environmental programs by 2025 • Maintain or achieve 100% pay equity globally 5,6 • Donate 300,000 skills-based work hours across the globe by 2025 • 100% participation in employee development programs to advance individual and organizational capabilities by 2025.
Our actions.
We are committed to evolving our existing goals and to adding new goals when appropriate. In 2019, 3M made it a requirement that every product entering our new product commercialization process includes a Sustainability Value Commitment (SVC). In 2020, we strengthened the requirements. To learn more, see our feature story, Making strides embedding sustainability into new products. All goals have a 2015 baseline unless otherwise noted.
Our goals are becoming stronger and gaining momentum.
1 2019 is the baseline measurement year.
2 Expands our previous commitment, which aimed to reduce water use by 10% between 2015 and 2025.
3 Established in 2021.
4 Expands our previous 2025 goal to stay below 50% of our 2002 baseline, meaning 3M’s 2030 Scope 1 and 2 emissions will now be reduced more than 85% from 2002 levels.
5 2020 is the baseline measurement year.
6 Established in 2020 to drive trend and trajectory progress over time.
7 2021 establishing baseline measurement year. 3M defines underrepresented individuals in the United States using National Science Foundation research. For global definitions, we rely on gender diversity and local context for marginalized populations.
Science for Circular Science for Climate Science for Community.
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Feature stories Who we are How we work What we create About report 55 3M 2021 Sustainability Report | #improvinglives 100%
Achieved.
Sustainability Value Commitment for new products in 2020 achieving goal of 100% 9.98%
Reduced manufacturing waste by indexed to sales toward goal of 10% reduction 42.9% zero landfill (69 manufacturing sites) exceeding goal of 30% 0.00%
Increased water efficiency indexed to sales behind goal of 10% improvement 16 identified in water- stressed/scarce areas manufacturing sites maintaining goal 468 completed supplier assessments maintaining goal to drive supplier performance.
Design solutions that do more with less material, advancing a global circular economy.
Science for Circular 2025 goal 2019 2025 goal 2015 2025 goal 2015 2025 goal 2015 2025 goal 2015 2025 goal 2015
Feature stories Who we are How we work What we create About report 56 3M 2021 Sustainability Report | #improvinglives.
Innovate to decarbonize industry, accelerate global climate solutions and improve our environmental footprint.
Science for Climate 75 million metric tons CO2 equivalent customer avoided emissions 71.1%
Scope 1 and 2 emissions below baseline toward goal of 250 million metric tons ahead of goal of 50% below baseline1.
Nearly 1 2002 baseline year; all others have a 2015 baseline.
8.73%
Improved energy efficiency by indexed to sales behind goal of 30% improvement toward goal of 50% increase 35.4%
Increased renewable energy total electricity use.
CO2 2025 goal 2015 2025 goal 2015 2025 goal 2015 2025 goal 2002
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Create a more positive world through science and inspire people to join us.
Science for Community 1.66M in person or online training instances toward goal of 5M training instances.
Provided 2025 goal 2015 $87.9M investment in total global giving achieving goal of continuing to invest in global giving programs 2025 goal 2015 32.6%
Increased pipeline of diverse talent in management from toward goal of doubling the pipeline 43.2% 2025 goal 2015 35.2K skills-based work hours globally toward goal of 300K hours.