3M Releases 2017 Sustainability Report
May 23 2017 - 12:09PM
Business Wire
In its continuing mission to improve every life, 3M announced
today the publication of its 2017 Sustainability Report.
The 2017 Sustainability Report covers what the company
accomplished throughout 2016 in addressing significant global
challenges involving raw materials, water, energy and climate,
health and safety, as well as education and development.
The report features stories of 3M products and people that
combine innovation with purpose, and covers a wide range of
sustainability-related topics, from corporate governance to human
rights, employee programs, health and safety efforts and supplier
responsibilities. The 2016 edition of the report is also the first
to show the progress the company is making on its 2025
sustainability goals, established in 2015.
“3M is continually striving to fulfill our every life
ambition. The creation of a new CSR organization, and the
launch of this year’s Sustainability Report show our continued
commitment to driving both business growth and societal impact,”
said Jean Bennington Sweeney, 3M chief sustainability officer. “The
stories featured in our report show that a sense of purpose is at
the heart of everything we do, from products to policies to
partnerships.”
Highlights:
- 3M created a new Corporate Social
Responsibility group, uniting 3M Sustainability and 3Mgives,
bringing together an increasingly holistic approach to driving
business value and community impact.
- 3M donated more than $67 million in
cash and in-kind donations to support education, community and
environmental programs throughout the world.
- 3M employees contributed 348,000
volunteer hours to life-improving causes throughout the year.
- 3M was voted as the most preferred
potential workplace for millennials, in a survey of students and
young professionals in the U.S.
- For the fourth consecutive year,
Ethisphere Institute named 3M as a “World’s Most Ethical
Company.”
- For the 17th consecutive year, 3M was
selected as a member of the Dow Jones Sustainability Index.
- Since 2012, the total number of females
in management positions at the company has increased 13 percent,
reaching 27.8 percent in 2016.
- Global renewable energy use increased
to 11 percent in 2016.
- Global manufacturing waste, indexed to
net sales, has decreased nearly 22 percent since 2005.
- Total water consumption has decreased
34.2 percent between 2005 and 2016, indexed to corporate-wide net
sales.
- Global emissions of volatile organic
compounds (VOCs) decreased again last year, to 0.154 metric tons
per million dollars in USD net sales.
- Greenhouse gas emissions have been
reduced 67 percent since 2002.
3M has published a sustainability report in alignment with the
Global Reporting Initiative (GRI) framework since 2002. To learn
more, and to access the 2017 report, visit
www.3m.com/sustainabilityreport
About 3MAt 3M, we apply science in collaborative ways to
improve lives daily. With $30 billion in sales, our 90,000
employees connect with customers all around the world. Learn more
about 3M’s creative solutions to the world’s problems
at www.3M.com or on Twitter at @3M or @3MNewsroom.
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3MFanna Haile-Selassie,
651-736-0876Fhaile-selassie@mmm.com
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