Climate change remains among the greatest challenges globally. We must act with urgency to address it — for our climate and our communities.
We continue to focus on innovating to decarbonize industry, accelerating global climate solutions, and improving our environmental footprint. We’ll continue to drive ambitious climate solutions in our operations, in our products, and in communities around the world.
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:
At 3M, we support the global consensus set forth in the 2015 Paris Agreement and are acting on the latest findings of the Intergovernmental Panel on Climate Change (IPCC) into our goals, operations, and actions.
Help our customers reduce their GHGs by 250 million tons of CO₂ equivalent emissions through the use of our 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 20501,2
Increase renewable energy to 50% of total electricity use by 2025 and to 100% by 2050
We joined more than 20 other global companies in investing in TPG Rise Climate, a multi-billion-dollar climate impact investing fund that focuses on clean energy, decarbonized transport, greening industrials, and agricultural and natural solutions.
3M joined with our customer Enel Green Power and 15 other organizations in founding the Global Alliance for Sustainable Energy — with the aim of redefining “sustainable energy”, leading a transition away from fossil fuels in line with the 2030 agenda set out in the UN SDGs.
Starting at COP26 in November 2021, 3M and the United Nations Framework Convention on Climate Change (UNFCCC) entered into a three-year collaboration to advance the Paris Agreement and UN SDGs — working to overcome the challenges faced by manufacturers in achieving net zero.