3M Company, commonly known as 3M, is a leading player in the All Other Miscellaneous Manufacturing industry, headquartered in the United States. Founded in 1902, 3M has evolved into a global powerhouse, renowned for its innovative products across various sectors, including healthcare, consumer goods, and industrial applications.
With major operational regions spanning North America, Europe, and Asia, 3M offers a diverse range of core products, such as adhesives, abrasives, and personal protective equipment. What sets 3M apart is its commitment to research and development, resulting in unique solutions that enhance safety and efficiency. The company has achieved notable milestones, including numerous patents and awards, solidifying its market position as a trusted leader in innovation and quality.
+47 vs industry average
3m’s score of 61 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
All Other Miscellaneous Manufacturing has typical carbon intensity
Industry performance
The All Other Miscellaneous Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
3m's reported carbon emissions
3M Carbon Emissions and Climate Commitments
3M, a diversified technology company headquartered in the US and operating within the "All Other Miscellaneous Manufacturing" industry, has set ambitious climate targets. The company aims to reduce its greenhouse gas (GHG) emissions in alignment with climate science.
Emissions Performance:
- In 2024, 3M reported total global GHG emissions of approximately 32,000,000,000 kg CO2e. This comprised approximately 1,500,000,000 kg CO2e for Scope 1 emissions and approximately 558,000,000 kg CO2e for Scope 2 market-based emissions. Scope 3 emissions accounted for the largest portion, at approximately 29,900,000,000 kg CO2e.
- In 2023, total global GHG emissions were approximately 35,200,000,000 kg CO2e, with Scope 1 emissions at roughly 2,280,000,000 kg CO2e and Scope 2 market-based emissions at approximately 631,000,000 kg CO2e. Scope 3 emissions were approximately 32,300,000,000 kg CO2e.
- In 2022, global emissions were approximately 40,700,000,000 kg CO2e, including Scope 1 emissions of approximately 2,380,001,000 kg CO2e and Scope 2 market-based emissions of approximately 757,000,000 kg CO2e. Scope 3 emissions were approximately 37,600,000,000 kg CO2e.
Climate Commitments and Targets:
3M has committed to significant GHG emission reductions:
- Science Based Targets initiative (SBTi): 3M has committed to the SBTi for near-term emission reductions. This includes a target to reduce absolute Scope 1 and 2 GHG emissions by 52.6% by 2030, using a 2019 base year. Additionally, the company aims to reduce absolute Scope 3 GHG emissions by 42% by 2030, from a 2021 base year. These Scope 1 and 2 targets are consistent with reductions required to keep global warming to 1.5°C.
- Operational Carbon Neutrality: 3M is working towards achieving carbon neutrality in its operations by 2050.
- Long-Term Reduction Goals: Beyond the 2030 targets, 3M has also outlined commitments to reduce Scope 1 and 2 market-based GHG emissions by 80% by 2040, from a 2019 baseline.
These targets are publicly reported and aligned with industry-standard climate frameworks.
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3m’s Climate Goals (2030 & 2050)
6 goals2040
80% reduction in Scope 2
Reduce Scope 1 and 2 market-based GHG emissions by at least 50% by 2030, 80% by 2040,
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 6 climate goals
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Scope 3 top emissions categories
13 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Frequently asked questions
Common questions about 3m’s sustainability data and climate commitments
Data year: 2024
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