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3M

Company Score

+1.82
Industry Capital Goods
Country United States
Year Added 2018
Impact Ratings 480
Impact Notes 15
SDG Covered 10 out of 17

3M is a technology company, manufacturing industrial, safety and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. In 2018 3M made $32.8 billion in sales the company had approximately 93,500 employees, and had operations in more than 70 countries.

Read about 3M and its impact below.

Impact notes

Quality Education

3M’s Manufacturing and Academic Partnerships (MAP) closes trade skills gap for 3,130 students

Profile lolaSDG
Icon time Mon Sep 21st, 2020 at 1:27pm

One of the challenges faced by employers today is the skills gap that exists in the global hiring pool 1. The rate of skill acquisition is not growing at the same pace as technology, which has resulted in some frustration for employers 1. According to a UN report, it has become increasingly important to up-skill and re-skill current and future generations to prepare for our transition to a sustainable future 2;p 58-59.

Climate Action

3M reduced scope 1 and scope 2 GHG emissions by 68.1% in 2019

Profile colliochieng24@gmail.com
Icon time Mon Aug 24th, 2020 at 7:49pm

The emission of greenhouse gases increased by 41% in 2019 since 1990.1 12% of emissions comes from the manufacturing sector and construction sector, this is equivalent to 6.1 GtCO2e.1In the United States the industry sector contributes 22% of the total greenhouse gases emissions.2 

Gender Equality

3M increased female representation within its workforce from 34 % in 2015 to 36% in 2019.

Profile colliochieng24@gmail.com
Icon time Tue Aug 4th, 2020 at 1:12pm

In the United States women accounted for 46.0% of the total labour force in 2019.1 26% of board of directors in the S&P 500 companies were women in 2019.1 According to the Woman in the Workplace study of 2018, for every 100 men promoted to management level, 79 women are promoted.2The number of CEOs within US Fortune 500 companies is accounted for by only 4%.2

Responsible Consumption and Production

More than 30% of 3M Manufacturing Facilities achieve Zero Landfill Status

Profile Camilo Ramirez
Icon time Thu Jul 30th, 2020 at 4:02pm

Rapid industrialisation and mass consumption patterns are set to increase in the future1;p15. Currently, the world produces 2.01 billion tons of solid waste every year, from which 70% are disposed though land-filling and open dumps4. In addition, the production of assets and daily use products represents 45% of the GHG emissions globally1;p13

Reduced Inequalities

In 2019, 3M's small businesses spend represented 26.7% out of which 6.71% were diverse suppliers

Profile Sunny Dutt Sharma
Icon time Mon Jul 27th, 2020 at 8:34pm

Around 53% of supplier diversity programs refuse to consider a supplier if they self-classify as diverse. Also, supplier diversity programs were dropped from 35% in 2017 to 24% in 2018. About 59% of diverse suppliers also do not get an opportunity via supplier diversity portals1.

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