3m

3m's reported carbon emissions

3M, a US-based company in the All Other Miscellaneous Manufacturing industry, reported total greenhouse gas (GHG) emissions of approximately 32 billion kg CO2e for 2024. This figure encompasses Scope 1, 2, and 3 emissions. For the same year, Scope 1 emissions were approximately 1.5 billion kg CO2e, Scope 2 emissions (market-based) totalled about 558 million kg CO2e, and Scope 3 emissions accounted for roughly 29.9 billion kg CO2e. The largest contributors to Scope 3 emissions in 2024 were the use of sold products (approximately 21.1 billion kg CO2e) and purchased goods and services (approximately 4.51 billion kg CO2e). In 2023, 3M reported total GHG emissions of approximately 35.2 billion kg CO2e, with Scope 1 at about 2.28 billion kg CO2e, Scope 2 (market-based) at around 631 million kg CO2e, and Scope 3 at approximately 32.3 billion kg CO2e. **Climate Commitments and Reduction Targets:** 3M has established significant climate commitments, aligning with industry-standard science-based targets. Key targets include: * **Scope 1 and 2 Emissions:** * A commitment to reduce absolute Scope 1 and 2 market-based GHG emissions by at least 50% by 2030, and 80% by 2040, from a 2019 baseline. * More recently, updated targets indicate a reduction of absolute Scope 1 and 2 GHG emissions by 52.6% by 2030 from a 2019 base year. * The company aims for 100% carbon neutrality in its operations by 2050. * **Scope 3 Emissions:** * A commitment to reduce absolute Scope 3 GHG emissions by 42% by 2030 from a 2021 base year. These targets are recognised by the Science Based Targets initiative (SBTi) as being consistent with reductions required to keep global warming to 1.5°C. The company's reporting indicates it is on track to meet its near-term and long-term reduction goals.