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Feature stories Who we are How we work What we create About report 75 3M 2021 Sustainability Report | #improvinglives
United States, Canada 37% 3%
Latin America 56% 7%
Europe, Middle East, Africa 43% 7%
Asia Pacific 43% 14%
Male Female Progress since 2015.
United States, Canada 37% 3%
Latin America 56% 7%
Europe, Middle East, Africa 43% 7%
As.
Male Female Progress since 2015.
United States, Canada 37% 3%
Latin America 56% 7%
Europe, Middle East, Africa 43% 7%
Asia Pacific 43% 14%
Male Female Progress since 2015.
Current progress and opportunity.
Percentage of female hires, 2020.
Current progress and opportunity.
Racial and ethnic diversity.
Global Management Executive Management Board of Directors 37% 33% 31% 33% 34% 27% 24% 18% 2015 2020 % change.
Male Female 3% 6% 7% 15%
Global Management Execu Manage 37% 33% 31 34% 27% 24 2015 2020 % change.
Male Female 3% 6% 7.
Current progress and opportunity.
Percentage of global female employees.
Racial, ethnic diversity (U.S.) Minority hires (U.S.) 18% 29% 2015 21% 31% 2020 % change.
Diverse Non-diverse 3% 2% 79% 69% 82% 71%
Racial, ethnic diversity (U.S.) Minority hires (U.S.) 18% 29% 2015 21% 31% 2020 % change.
Diverse Non-diverse 3% 2% 79% 69% 82% 71%
Feature stories Who we are How we work What we create About report 76 3M 2021 Sustainability Report | #improvinglives
Looking forward.
We will advance 3M through our people and our culture, engaging our current employees, attracting best-in-class employees, and increasing the diversity of our workforce. 3M’s nine ERNs will continue expanding their reach across the United States and the world. This global connectivity and solidarity across all of 3M will accelerate our advancement of diversity, equity, and inclusion in our company. The CEO Inclusion Council will champion projects that specifically advance our culture of inclusion in order to further accelerate our diversity and inclusion efforts.
We will continue to drive progress on our 2025 goal to double the diverse pipeline of global leadership and our U.S. goals to double the representation of underrepresented groups from entry-level to senior management and double the representation of underrepresented groups in senior management positions. For more information on our commitments, see 3M’s Diversity, Equity, & Inclusion Report.
Feature stories Who we are How we work What we create About report 77 3M 2021 Sustainability Report | #improvinglives
The World’s Most Ethical Companies®
The World’s Most Ethical Companies® program, managed by the Ethisphere® Institute, honors companies that excel in “promoting ethical business standards and practices internally, enabling managers and employees to make good choices, and shaping future industry standards by introducing tomorrow’s best practices today.” According to the institute, honorees have also historically outperformed other companies from a financial perspective, supporting the notion that sound ethical practices are appreciated in the competitive marketplace. This year’s honorees spanned 22 countries and 47 industries. It was the eighth consecutive year 3M made the list.
Recognition.
Here, at 3M, we strive to improve every life, act with uncompromising integrity, and ask question after question to develop innovative solutions with a purpose.
We value the recognition we receive, as it shows we are a company driven by employees who are truly making a difference in the world.
3M Brazil: Pró-Ética Certification Award.
For five years, 3M Brazil has been recognized by the Brazilian Government with the Pró-Ética Certification Award. The certification was created to promote ethics and encourage companies to take voluntary steps to prevent corruption, creating a more ethical, transparent, and honest business environment. 3M Brazil was recognized for top management’s commitment to ethics, their policies and procedures, and their risk monitoring and analysis.
Best Places to Work for LGBTQ Equality.
Human Rights Campaign Foundation’s 2020 Corporate Equality Index is the national benchmarking tool on corporate policies and practices pertinent to lesbian, gay, bisexual, transgender, and queer (LGBTQ) employees. For the ninth straight year, 3M earned a perfect score of 100% and, along with it, the distinction of being named among the “Best Places to Work for LGBTQ Equality.”
Best Places to Work for Disability Inclusion.
In the sixth annual Disability Equality Index® (DEI®) survey, 3M earned a top score of 100%, making 3M one of the “Best Places to Work for Disability Inclusion.”
Top 100 Most Just Companies in the U.S.
In October 2020, Forbes and JUST Capital listed 3M as one of America’s Most Just Companies in 2021. Forbes and JUST Capital evaluate the 1,000 largest public U.S. companies on issues that matter most to the American public — like paying a fair wage, upholding human rights across the supply chain, investing in worker training, acting ethically and with integrity, cultivating a diverse and inclusive workplace, protecting worker health and safety, providing good benefits and work-life balance, and more. 3M was recognized as the top performer among all companies in the Industrial Goods sector in issues relating to giving back to their communities. 3M also moved up over 100 spots from last year to land at number 90 on the overall top 100 list.
Feature stories Who we are How we work What we create About report 78 3M 2021 Sustainability Report | #improvinglives
EcoVadis Gold Recognition Level.
EcoVadis awarded 3M a Gold Recognition Level for achievements in the 98th percentile of suppliers assessed in corporate social responsibility (CSR) in global supply chains.
FTSE4Good Index Series.
FTSE Russell confirmed that 3M, in 2020, had been independently assessed according to the FTSE4Good criteria and satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social, and governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
ISS Environmental and Social Quality 3M earned best-in-class ranking for risk management around environmental and social areas of concerns by Institutional Shareholder Services (ISS). 3M earned the top-performing ISS QualityScore of “1.”
MSCI ESG Ratings.
MSCI’s ESG ratings provide institutional investors with a robust ESG integration solution. In 2020, MSCI awarded 3M the AAA rating, the highest rating.
World Business Council for Sustainable Development, Reporting matters.
In 2020, Reporting matters published by the World Business Council for Sustainable Development (WBCSD) recognized 3M for its good practice of strategy in our annual Sustainability Report: “3M presents a strategic sustainability framework that is broken down into three overarching pillars in its 2020 Sustainability Report. It clearly demonstrates how material sustainability topics factor into the different pillars of the strategy and how stakeholders view the relative importance of different components of the strategy.” 3BL Media 100 Best Corporate Citizens.
In 2020, Corporate Responsibility Magazine named 3M the 51st best corporate citizen for being a standout business in the areas of environmental, social, and governance performance. 3M has made the ranking each year since 2009.
TIME Best Inventions 2020 3M was recognized in TIME Magazine’s list of Best Inventions of 2020 in the Productivity category for the Post-it® Flex Write Surface.
3M was recognized in TIME Magazine’s list of Best Inventions of 2020 in the Productivity category for the Post-it® Flex Write Surface.
Feature stories Who we are How we work What we create About report 79 3M 2021 Sustainability Report | #improvinglives
Woman Engineer Magazine 3M was ranked No. 5 on Woman Engineer Magazine’s Top 50 Employers for 2020.
Latina Style Award.
In September 2020, 3M was selected as one of the Top 50 companies for Latinas to work for in the United States by LATINA Style Inc. The LATINA Style 50 Report sets the standard for identifying corporations that are providing the best career opportunities for Latinas in the United States.
Top 50 Workplaces for Indigenous STEM Professionals 3M was recognized by the American Indian Science and Engineering Society (AISES) as one of 50 workplaces setting the standard for Indigenous STEM professionals. AISES is a national nonprofit organization focused on substantially increasing the representation of Indigenous peoples of North America and Pacific Islands in science, technology, engineering, and math (STEM) studies and careers.
Derwent Top 100 Global Innovators™ 2020.
The Derwent methodology examines an organization’s patent portfolio strength and quality, assessing not just volume of filed patents but the number of citations to a company or institution, proportion of patent applications submitted to a patent office that proceeded to grant, and the proportion of inventions that were filed in key markets. These criteria create a combined indicator score used to identify the top 100 most innovative organizations globally. Since 2012, 3M has made the Derwent Top 100 Global Innovators list every year.
We value the recognition we receive, as it shows we are a company driven by employees who are truly making a difference in the world.
Feature stories Who we are How we work What we create About report 80 3M 2021 Sustainability Report | #improvinglives
How we work.
Introduction 82.
Corporate governance 83.
Enterprise risk 92.
Corporate Code of Conduct 96.
Human rights 105.
Compensation 113.
Employee programs 117.
Environmental, health, and safety management 128.
Circular materials 139.
Climate and energy 151.
Suppliers 166.
Feature stories Who we are How we work What we create About report 81 3M 2021 Sustainability Report | #improvinglives
How we work.
Just as sustainability is embedded throughout our Value Model, sustainable thinking is embedded into the core of 3M and in the strategic planning process we use for every business. In each of our business groups and areas, we have dedicated sustainability leaders who develop a relevant and well-informed strategy specific to their market demands and business goals.
3M’s groundbreaking Pollution Prevention Pays (3P) program, which began in 1975, continues at 3M. Sites submit, undertake, and track 3P projects annually in order to reduce waste. Over the past 46 years, these projects have prevented 2.68 million short tons of pollutants. We recognize the important role sustainability has in every part of our operations and are committed to further embedding this in our DNA as we grow.