- Overview
- Sustainability Strategy
- 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 and energy
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
Progress toward our climate and energy goals
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121 million metric tons toward our goal to:Help our customers reduce their GHGs by 250 million tons of CO₂ equivalent emissions through the use of 3M products by 2025
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13.1% toward our goal to:Improve energy efficiency, indexed to net sales, by 30% by 2025
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37.8% reduction toward our goal to: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 20501
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51.9% toward our goal to:Increase renewable energy to 50% of total electricity use by 2025 and to 100% by 2050
Key impacts in 2022
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Better Buildings Initiative
3M partnered 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 continued 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 COP27 in November 2022, 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 2022
- National award for energy management leadership by U.S. Department of Energy Office of Energy Efficiency and Renewable Energy
- Better Practice Award by U.S. Department of Energy’s Better Building, Better Plants Challenge
- Association of Energy Engineers [Latin America Region Energy Manager of the Year, Jose Solis (LATAM); Energy Innovator of the Year, Brian Mohr (U.S.); Young Energy Professional of the Year, Rashmi Brackenbury (Canada); Energy Project of the Year, Juarez Solar Project]
- Energy Management Insight Awards by International Clean Energy Ministerial (CEM) [Sites in the U.S. (27) and globally (29)]
- Recognition of Excellence Award (Facility Owners and Operators category) by NASA POWER / RETScreen to Andrew Hejnar, 3M energy manager
Read more about our progress
