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Physical (acute and chronic) Every year, local incident management teams at every 3M site and international subsidiary must review and update their Business Resilience Plan to reflect current conditions. They also perform a tabletop incident response exercise. 3M Corporate Auditing and Corporate Security monitor site compliance with the Corporate Crisis Management Program. For more information, see the Enterprise risk section. |
Upstream 3M depends on various components, compounds, raw materials, and energy (including oil and natural gas and their derivatives) supplied by third parties for the manufacturing of 3M products. Supplier relationships have been and could be interrupted in the future due to supplier material shortage, climate impacts, natural or other disasters, and other disruptive events, or be terminated. Risks from upstream suppliers are identified at the product level through the New Product Introduction (NPI) and continuous improvement processes at 3M. An on-site assessment of a supplier may be conducted by 3M or a third party, and any deficiencies are ultimately corrected through a Supplier Responsibility Code Corrective Action Preventive Action (CAPA) process. |
3M mitigates supply chain risks through a variety of management practices, including multisourcing raw materials, pre-qualifying potential outsource manufacturers, and maintaining appropriate stocks of raw materials and contingency plans with key suppliers to assure supply to 3M in the event of supply disruption. |
Downstream Risks from downstream product use are identified at the product level through the life cycle management (LCM) process at 3M, which evaluates the planned use and disposal of 3M products and identifies hazards and risks associated with the use and disposal of 3M products. Mitigation of these risks is highly diverse and product-specific. |
Feature stories Who we are How we work What we create About report 155 3M 2021 Sustainability Report | #improvinglives |
Climate risk process. |
Financial risks At 3M, we continually evaluate our approach to opportunity and risk. We believe the concept of risk appetite and tolerance is an essential component of strategic planning. This includes broad risk oversight by the 3M Board of Directors and its committees, with committee-level risk analyses reported to the full Board and executive-level internal vice president, general auditor and chief ethics & compliance officer appointed by and reporting directly to the Audit Committee of the Board of Directors. |
3M has operations in over 70 countries, with regionalized supply chains that enable more localized and diversified production of our products. This helps reduce our risk from local climate impacts on our operations. 3M’s four business groups bring together common or related 3M technologies, enhancing the development of innovative products and services and providing for efficient sharing of business resources. Our operations bring together a combination of our 51 unique Technology Platforms to produce over 55,000 products, which are sold in nearly every country. |
We believe this governance of risks by Board committees, who share information with the full Board, is appropriate for a diversified technology and manufacturing company like 3M. 3M’s Annual Report on Form 10-K, Item 1A outlines risk factors applicable to the company. |
Financial opportunities Financial opportunities include products and services, and resource efficiency. Access to dependable energy supplies and energy efficiency directly affects all businesses and communities. Energy usage and climate concerns require systemic change. 3M is a science-based, diversified technology company providing innovative solutions to address these and other physical climate opportunities. |
Metrics We have established key sustainability metrics to measure and manage climate risk that go beyond compliance to thinking holistically about our operations and products. We report on historical periods to allow for trend analysis with a clear description of the methodologies we use to calculate or estimate limitations and assumptions. |
Principles Science for Climate goals. |
Relevance Clearly define boundaries. |
Completeness Strive to calculate and report data coverage to 99% of inventory for Scope 1 and Scope 2 GHG emissions. We will continue to develop and support advances in Scope 3 calculation methodology. |
Consistency Base our data on approved methodology. |
Accuracy Develop corporate systems and auditing procedures. |
Transparency Report on emissions and activities in a way that is relevant to stakeholders. |
Feature stories Who we are How we work What we create About report 156 3M 2021 Sustainability Report | #improvinglives |
Science for Climate goal. |
Improve energy efficiency, indexed to net sales, by 30% by 2025 toward goal of 30% improvement. |
Energy-efficiency improvements help reduce energy use, energy-associated costs, and GHG emissions. 3M energy management goes beyond energy-efficiency efforts in factories and buildings. It is a team effort guided by the global 3M Corporate Energy Policy and coordinated by the Corporate Energy Management Team, with oversight by 3M’s corporate energy leader and engineering director and active support from the CEO. |
3M has taken a broad approach to managing our energy footprint, which includes evaluating the impact of our products, manufacturing processes, equipment, and sites, as well as by reducing the energy footprint of our existing manufacturing and administrative sites. In addition, we actively share information about our energy management program with external stakeholders, such as suppliers, customers, and other interested organizations. |
Science for Climate goal. |
Increase renewable energy to 50% of total electricity use by 2025 toward goal of 50% increase 2025 goal 2015. |
In 2019, we achieved our 2025 goal by surpassing 25% renewable electricity. As part of our strategic focus on empowering Science for Climate, we increased our interim target from 25% to 50% renewable electricity by 2025, toward our ultimate goal of 100% renewable electricity by 2050. |
In 2019, we joined RE100, a global, renewable energy leadership initiative, led by The Climate Group in partnership with CDP (formerly the Carbon Disclosure Project), that brings together influential businesses committed to sourcing 100% renewable electricity for their worldwide operations by 2050. |
Science for Climate goal. |
In 2015, 3M set a goal to ensure GHG emissions are at least 50% below our 2002 baseline by 2025. 3M’s new commitment is to reduce Scope 1 and 2 market-based GHG emissions from our 2019 baseline by at least 50% by 2030, 80% by 2040, and be 100% carbon neutral in our operations by 2050. |
ahead of goal of 50% below baseline* * 2002 baseline year 2025 goal 2002 3M’s actions to reduce our GHG emissions began in 2000. We will continue to work collaboratively with customers, governments, and global partners to reduce emissions beyond 3M’s operations through continued invention and introduction of innovative products and solutions. |
Science for Climate goal. |
Help our customers reduce their GHGs by 250 million tons of CO2 equivalent emissions through the use of 3M products by 2025 toward goal of 250 million metric tons 2025 goal 2015. |
While 3M has made significant GHG emission reductions across our global operations, we realize we can make greater contributions by helping our customers reduce their GHG emissions through the use of our products. |
2025 goal 2015. |
Feature stories Who we are How we work What we create About report 157 3M 2021 Sustainability Report | #improvinglives |
Clean Air Asia. |
We completed the first year in our five-year partnership with international non-governmental organization Clean Air Asia, collaborating on science-based air quality solutions for New Delhi, India, and Metro Manila, Philippines. 3M will be assisting Clean Air Asia in its efforts to assess baseline air quality conditions, design capacity-building programs for air quality management, implement awareness and education campaigns, develop clean air action plans with selected city and district governments, and measure the resulting impact on air pollution levels. |
According to the World Health Organization (WHO), air pollution causes seven million premature deaths each year. The health impact of poor air quality is particularly notable in the Southeast Asia region, where people in 99% of cities are exposed to pollution levels that exceed WHO guidelines.1 Clean Air Asia with 3M’s support aims to create more livable cities with cleaner air in Asia. |
1 World Health Organization. https://www.who. int/health-topics/air-pollution#tab=tab_1. |
Our actions. |
In 2020, 3M improved energy efficiency, indexed to net sales, by 8.73% toward a goal of 30% by 2025. |
Energy management 3M reviews its Strategic Energy Management Plan annually to prioritize programs and meet global goals. The plan incorporates input from stakeholders, including manufacturing leaders, site managers, operations employees, and executive management. Goals of the plan include continuously improving results, leveraging engineering expertise and advances, driving site-level efficiency improvements, maintaining top management support, and protecting 3M’s reputation. |
In 2020, the 3M Corporate Energy Policy was updated to include our commitment to renewable energy. 3M also released a new internal engineering manual, Energy Design Requirements and Guideline. This manual provides information for incorporating energy efficiency into project designs. |
3M maintains a centrally coordinated investment fund to mitigate risk and facilitate energy efficiency via engineering to align with our Strategic Sustainability Framework. |
Energy engagement. |
Public speaking engagements and partnerships are integral elements of the Strategic Energy Management Plan. In 2020, 3M experts spoke at several energy industry conferences, including the Association of Energy Engineers (AEE), CLEAResult, Alliance to Save Energy, Greater Toronto Airports Authority (GTAA) Partners in Project Green, Canadian Manufacturers & Exporters’ 2020 Energy Forum, and the SME Consortium organized by Toronto and Region Conservation Authority. |
3M is a partner of the U.S. Department of Energy (DOE) Better Plants®, part of the DOE’s Better Buildings® Initiative, and is a 2020 Better Plants Challenge Energy and Water Goal Achiever. The initiative is designed to drive leadership in energy innovation. Through Better Buildings, DOE works with leaders in the public and private sectors to make the nation’s homes, commercial buildings, and industrial plants in the U.S. more energy efficient by accelerating investment and sharing successful best practices. |
We are also one of 30 U.S. businesses and organizations that have formed the Sustainable Growth Coalition (formerly the Minnesota Sustainable Growth Coalition). In 2020, the coalition adopted Transmission Guiding Principles to foster transformational change around our energy grid and decarbonization, better supporting organizations with significant clean energy goals that exceed state and U.S. federal policy. |
Feature stories Who we are How we work What we create About report 158 3M 2021 Sustainability Report | #improvinglives |
A focus on energy from naturally replenishable sources 3M’s headquarters in St. Paul, Minnesota, is powered by 100% renewable electricity. In 2019, 3M became the largest company in Xcel Energy, Inc.’s service area across eight Western and Midwestern states to make a comparable achievement. 3M’s headquarters is a 409-acre campus home to 30 buildings and research labs. In 2019, we achieved our 2025 goal by surpassing 25% renewable electricity. As part of our strategic focus on empowering Science for Climate, we increased our interim target from 25% to 50% renewable electricity by 2025, toward our ultimate goal of 100% renewable electricity globally by 2050. |
Our renewable efforts don’t stop at our headquarters location. All 3M sites actively seek alternative energy sources, including active combined heat and power, solar, wind, and other projects like utilized excess steam. For example, in 2020, our Juarez, Mexico site installed a 500kw system with over 1,500 solar panels, which powers around 20% of the building’s energy usage. Our Panama Pacifico site began purchasing 100% renewable energy for their operations. Work began on securing renewable energy contracts for 3M Canada’s head office in London, Ontario, and for all of 3M’s operations in Poland, including a superhub in Wroclaw, one of 3M’s biggest global production centers; sites in Rabka and Janinów; the 3M Global Service Centre in Wroclaw; and 3M Poland headquarters in Kajetany. Both Ontario and Poland renewable energy purchases are effective at the start of 2021. |
While 3M takes actions to help convert its operations to renewable electricity sources, we continue to support the global renewable energy sector by producing solutions for customers that help improve the reliability and efficiency of renewable electricity, including solar and wind. Read more about 3M’s products in the feature story Keeping wind turbines in shape with coatings and tape. |
ISO 50001 and SEP 50001™ certification. |
The internationally recognized ISO 50001 standard and the DOE’s Superior Energy Performance 50001™ (SEP 50001™) certification program help 3M sites become attuned to recognizing and seizing opportunities to increase energy efficiency in site operations and move from delivering energy projects in a loosely organized fashion to a structured system of management. By integrating the systemic ISO-based framework of “plan-do-check-act” for the management of energy in on-site operations, our sites have seen savings in energy costs and consumption, expansion of employee engagement, and increased visibility to the tracking of site energy performance. In 2020, we pivoted to virtual ISO 50001 and SEP 50001™ audits. 3M has been busy increasing its ISO 50001 and SEP-certified profile, with 45 sites (up from 31 sites in 2019) certified globally, and 31 sites certified to SEP Certification. |
Identifying ways to save energy. |
Prior to the COVID-19 pandemic, employees conducted energy walk-throughs, held energy treasure hunts, collaborated with the corporate team or external partners, and integrated employee ideas at sites to find conservation opportunities. Globally, 3M sites identified approximately $2 million in opportunities over the year and 3M’s headquarters in St. Paul, Minnesota, is powered by 100% renewable electricity. |
Building, maintaining, and executing our energy project hoppers continues to be a priority at 3M. |
Throughout 2020, we conducted thorough energy audits of 14 sites throughout the U.S. and EMEA, focusing on three main objectives: improve energy efficiency, increase renewable electricity portfolio, and decarbonization of the site. These energy audits also considered financial benefits. |
Our energy team worked with 3M engineering to assure energy efficiency was considered from the design phase of a new building constructed in Brockville, Canada, built to produce N95 respirators which will assist in the fight against COVID-19. |
in energy cost savings in 2020. $17M delivered. |
Feature stories Who we are How we work What we create About report 159 3M 2021 Sustainability Report | #improvinglives |
Energy Excellence Awards. |
The 3M Energy Excellence Awards honor individuals and teams that incorporate the goals of the Corporate Energy Program in engineering projects. The nominated projects and individuals actively demonstrate their commitment to include energy efficiency in the design of projects, in equipment selection, or in the use of alternative energy supplies. The award is one of global recognition within the 3M engineering community. In 2020, out of a total of 22 projects, four awards were given to individuals from the 3M Industrial Minerals Products Division site (IMPD) in California, United States; Tuas, Singapore; St. Paul, United States; and Cottage Grove, United States. |
2020 external energy recognition • Mike Rogers, plant engineering specialist from the site in Cottage Grove, Minnesota; and Terry McMichael, plant engineering specialist, manufacturing, from the site in Cynthiana, Kentucky, won the Individuals Taking Energy Action in Manufacturing (ITEAM) Prize from the U.S. Department of Energy (DOE). |
• 3M Canada received the Canada Region Corporate Energy Management Award from the Association of Energy Engineers.® • Steven Toh, 3M facility manager of Tuas, Singapore, was selected to receive the Association of Energy Engineers® Asia Pacific Rim Region Energy Engineer of the Year Award for 2020 in recognition of his outstanding work in energy. |
• Frederick Pask, EMEA energy specialist, was selected to receive the Association of Energy Engineers® Western Europe Region Energy Engineer of the Year Award for 2020 in recognition of outstanding work in energy. |
Indexed global energy use. |
MWh per MM $USD net sales. |
Global energy use. |
MWh 8,000,000 6,000,000 4,000,000 2,000,000 10,000,000 2017 2018 2020 2019 2016 2010 2005 0 |
100 200 300 400 2016 2018 2019 2020 2017 2010 2005 0. |
Feature stories Who we are How we work What we create About report 160 3M 2021 Sustainability Report | #improvinglives |
Direct (Scope 1) and indirect (Scope 2) greenhouse gas emissions. |
Since 2002, 3M reduced Scope 1 GHG emissions by 78.6%, providing a direct and immediate reduction of our carbon emissions. During this same timeframe, we achieved a. |
Since 2002, the 3M EHS Laboratory has calculated 3M’s GHG inventory in accordance with the World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) GHG Protocol Corporate Accounting and Reporting Standard. The 3M EHS Laboratory maintains an accreditation to ANSI/ISO/IEC 17025 through A2LA — a signatory to the International Laboratory Accreditation Cooperation Mutual Recognition Arrangement (ILAC MRA). |
Although it is not possible to put 3M’s GHG inventory methodology on the lab’s scope of accreditation, our calculation methodology has been improved by incorporating several quality system elements from the ANSI/ISO/IEC 17025 Standard, including: • Defined responsibilities and interrelationships of all key staff • Documented key personnel qualifications • Control over quality system documents and procedures • Control of records • Corrective and preventive action system • Internal audit program • Documented and approved calculation procedures. |
Greenhouse gas emissions, Scope 1 and Scope 2. |
Million metric tons CO2 equivalents, absolute. |
Indexed greenhouse gas emissions, Scope 1 and Scope 2. |
Million metric tons CO2 equivalents per MM $USD net sales 71.1% reduction in absolute Scope 1 and 2 location-based GHG emissions. |
For methodology, please refer to the about report section: base year and other adjustments, and greenhouse gas metric table. |
For methodology, please refer to the about report section: base year and other adjustments, and greenhouse gas metric table. |
2 4 |
6 8 |
10 12 14 16 18 20 2018 2017 2019 2020 2016 2002 0. |
Scope 2 location-based GHG emissions. |
Scope 1 GHG emissions 200 400 600 800 1000 1200 0 2018 2017 2019 2020 2016 2002. |
Indexed Scope 2 location-based GHG emissions. |
Indexed Scope 1 GHG emissions. |
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