3M Co3M Co - ESG Rating & Company Profile powered by AI

Industry Group:Consumer Goods Conglomerates

Detailed ESG analysis of 3M Co can be reached by logging in. The page contains a free Sustainability report for 3M Co. The analysis of 3M Co employs data points from across the web as well as from public documents by 3M Co.

3M Co in the Consumer Goods Conglomerates industry gained a UN SDG ESG Transparency Score of 7.7; made up of an environmental score of 7.0, social score of 8.0 and governance score of 8.0.

SDG Transparency Score for 3M Co 
Low
0 - 3
Medium
4 - 6

7.7

High Impact
7 - 10
Last Score Update: 2024-05-01
What drives the score for 3M Co 
7.0

Environmental

8.0

Social

8.0

Governance

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1General Electric Co
8.0
High
1Harel Mallac & Co Ltd
8.0
High
1Stealth Global Holdings Ltd
8.0
High
1Rogers and Company Ltd
8.0
High
223M Co
7.7
High
22Aboitiz Equity Ventures Inc
7.7
High
22Ayala Corp
7.7
High
.........
108Zavarco PLC
0.0
Low
108Zlaten Lev Holding AD
0.0
Low
.........

Frequently Asked Questions

Does 3M Co have an accelerator or VC vehicle to help deliver innovation?
Does 3M Co disclose current and historical energy intensity?
Does 3M Co report the average age of the workforce?
Does 3M Co reference operational or capital allocation in relation to climate change?
Does 3M Co disclose its ethnicity pay gap?
Does 3M Co disclose cybersecurity risks?
Does 3M Co use carbon offsets or credits exclusively for residual emissions (typically less than ~0.5–5% of total emissions)?
Does 3M Co offer flexible work?
Does 3M Co have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does 3M Co disclose the number of employees in R&D functions?
Does 3M Co plan to change its portfolio composition to lower the emissions intensity of its energy mix (e.g., by shifting from oil to gas, or by adding lower-carbon options like hydrogen, e-fuels, bioenergy, etc.)?
Does 3M Co conduct supply chain audits?
Does 3M Co disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')
Does 3M Co conduct 360 degree staff reviews?
Does 3M Co disclose the individual responsible for D&I?
Does 3M Co disclose current and historical air emissions?
Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does 3M Co disclose current and / or historical scope 2 emissions?
Does 3M Co disclose water use targets?
Does 3M Co have careers partnerships with academic institutions?
Did 3M Co have a product recall in the last two years?
Does 3M Co disclose incidents of discrimination?
Does 3M Co allow for Work Councils/Collective Agreements to be formed?
Has 3M Co issued a profit warning in the past 24 months?
Does 3M Co disclose parental leave metrics?
Does 3M Co disclose climate scenario or pathway analysis?
Does 3M Co disclose current and / or historical scope 1 emissions?
Does 3M Co explicitly state that carbon offsets or credits are separate from its emissions-reduction progress or that they are not counted toward its emissions-reduction targets?
Are Operating Expesnses linked to emissions reduction?
Does 3M Co disclose the pay ratio of women to men?
Does 3M Co support suppliers with sustainability related research and development?
Does 3M Co disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does 3M Co reflect climate-related risks in its financial statements?
Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')
Is 3M Co involved in embryonic stem cell research?
Does 3M Co disclose GHG and Air Emissions intensity?
Does 3M Co disclose its waste policy?
Does 3M Co report according to TCFD requirements?
Does 3M Co plan to mitigate emissions from future new production assets through measures such as electrifying equipment, carbon capture and storage, repurposing waste gas, methane leak detection and repair, eliminating flaring, etc.?
Does 3M Co disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does 3M Co disclose energy use targets?
Does 3M Co disclose its Renewable Energy targets?
Are emissions metrics verified by STBi?
Does 3M Co have a policy relating to cyber security?

Potential Risks for 3M Co
These potential risks are based on the size, segment and geographies of the company.

3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is based in St. Paul, Minnesota.

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