- Overview
- Sustainability Strategy & Goals
- ENVIRONMENTAL
- SOCIAL
- Social overview
- Diversity, equity, and inclusion
- Employee experience
- Community engagement
- Human rights
- Suppliers
- Skilled Trades
- GOVERNANCE
- Governance overview
- Corporate governance
- Be 3M: Corporate Code of Conduct
- Innovation management
- Enterprise risk management
- Stakeholder engagement
- Reporting & policies
Climate
Acting for our climate and our communities
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Climate change remains among the greatest challenges globally, and we must act with urgency to address it. We support the global consensus set forth in the 2015 Paris Agreement, and we’re integrating the latest findings of the Intergovernmental Panel on Climate Change (IPCC) into our goals, operations, and actions.
3M has long been a leader in addressing both challenges and opportunities presented by climate change and energy conservation. Our proactive leadership is best defined by six areas of action:
- Executive-level commitment to these important topics and our related principles, policies, commitments, and risk-mitigation planning efforts, including membership in RE100
- Collaborations with organizations that are committed to the important work of addressing climate change, including TPG Rise Climate, the Task Force on Climate-related Financial Disclosures (TCFD), the United Nations Framework Convention on Climate Change (UNFCCC), and the Global Alliance for Sustainable Energy.
- Industry-leading efforts to measure and reduce our own greenhouse gas (GHG) emissions, including a goal to achieve carbon neutrality by 2050
- Extensive public policy engagement on both climate change and energy conservation
- A decade’s-long track record of improving energy efficiency at our sites
- Serving our customers through a wide range of innovative products that help them improve energy efficiency and reduce their greenhouse gas emissions
Key impacts
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Better Buildings Initiative
3M partners with the U.S. Department of Energy (DOE) on its Better Plants Challenge — part of the DOE’s Better Buildings initiative designed to drive leadership in energy innovation. We are a Better Plants Challenge Energy and Water Goal Achiever and participate in the Low Carbon Pilot. 3M is also involved in the Better Climate Challenge to reduce portfoliowide GHG emissions (scope 1 and 2) by at least 50% within 10 years.
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Investing in climate solutions
We’re one of more than 20 global companies in investing in TPG Rise Climate Fund, a multibillion-dollar climate impact investing fund that focuses on clean energy, enabling solutions, decarbonized transport, greening industrials, and agricultural and natural solutions.
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Global Alliance for Sustainable Energy
3M continues to participate in the Global Alliance for Sustainable Energy, whose aim is to redefine “sustainable energy,” leading a transition away from fossil fuels in line with the 2030 agenda set out in the UN SDGs. 3M was a founding member along with our customer Enel Green Power and 15 other organizations.
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Strategic Collaboration with UNFCCC
At COP28 in November 2023, 3M and the United Nations Framework Convention on Climate Change (UNFCCC) continued a three-year collaboration to advance the Paris Agreement and UN SDGs — working to overcome the challenges faced by the private sector in achieving net zero.
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Recognition in 2023
- Young Energy Professional of the Year to Tanmay Soni, senior energy manager, Canada, by the Association of Energy Engineers
- Energy Project of the Year to Lithium-Ion Batteries for Powered Industrial Vehicles, Canada, by the Association of Energy Engineers
Read more about our progress
