3M today releases its 2014 Sustainability Report, highlighting its new
Sustainability Center of Excellence, results of a global stakeholder
survey and case studies on its sustainability-focused products.
The report features a more user-friendly experience and interactive
content, and includes an executive summary of the company’s strategy, a
description of key global sustainability challenges, and an overview of
progress toward the U.N. Global Compact’s 10 principles. 3M has
published a sustainability report in alignment with the Global Reporting
Initiative (GRI) framework since 2002.
“Sustainability is fundamental to 3M’s culture and is a vital part of
our innovation process,” said Gayle Schueller, vice president, 3M Global
Sustainability. “By partnering with our customers to better understand
these global challenges, and by empowering the passion and expertise of
the nearly 90,000 3Mers around the world, we are creating technologies
and products that drive real change and real impact toward making a
better future.”
Highlights from the report include:
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The formation of the Sustainability Center of Excellence which
accelerates the integration of sustainability into business strategies
across the company.
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Recognition from U.S. EPA Energy Star Sustained Excellence Program for
the 10th consecutive year, an industry first.
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Donations of more than $61 million in cash and products to non-profit
organizations in 2013.
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Included and recognized by the Dow Jones Sustainability Index (DJSI)
for the 14th consecutive year — listed on the DJSI World
and North America index every year since its inception.
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Case studies featuring the company’s sustainability-focused products,
including energy-efficient films for tablets, air-barrier building
solutions and Post-it® Super Sticky Greener Notes.
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Current sustainability progress:
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Reduction of greenhouse gas emissions by 57 percent (absolute)
from 2002-2013 baseline - nearly 100 million metric tons indexed
to net sales.
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Recycling or reusing approximately 50 percent of total waste
generated annually.
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Water conservation plans in place for 3M sites located in water
stressed/scarce areas.
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80 percent of supplier-spend reviewed in top 10 high-risk
countries for alignment with 3M sustainability supplier policies
on social and environmental expectations.
“These results and recognition mark the significant progress that we are
making to improve lives around the world,” said Jean Sweeney, vice
president, 3M Environment, Health and Safety and Sustainability
Operations. “Environmental and social considerations — both in our own
operations and across our supply chain — have been part of our company’s
value system from the beginning and will continue to be a part of the
way we do business.”
To learn more about sustainability at 3M and to download the full
report, visit www.3M.com/Sustainability.
About 3M
3M captures the spark of new ideas and transforms
them into thousands of ingenious products. Our culture of creative
collaboration inspires a never-ending stream of powerful technologies
that make life better. 3M is the innovation company that never stops
inventing. With $31 billion in sales, 3M employs 89,000 people worldwide
and has operations in more than 70 countries. For more information,
visit www.3M.com
or follow @3MNews
on Twitter.
Copyright Business Wire 2014