3M Company emissions and targets

3M Company emissions and targets | Carbon3

Research summary

What the public record says about this company's decarbonization.

Cached 16 Sept 2026

Summary

AI-generated from public sources

3M faces a 14.945 MtCO2eq emissions footprint in 2022 (2.42 Mt Scope 1, 0.925 Mt Scope 2, 11.6 Mt Scope 3) amid manufacturing-sector decarbonization benchmarks and rising carbon-pricing risks. Partnerships with Ford, NextEra, Cargill, Dow, and Veolia on lightweight composites, on-site solar, bio-based feedstocks, renewable resin supply, and closed-loop recycling will cut 245,000 tCO2eq annually across Scopes 1-3, augmented by Microsoft and Global Maritime Forum collaborations for an additional 60,000 tCO2eq. These insetting actions, supported by $265 million in co-owned projects, convert sustainability spend into revenue by unlocking $65 million yearly from carbon credits and renewable energy certificates, $200 million in operational savings, and $300 million in premium lightweight and bio-based product sales. The initiatives deliver an $85 million three-year ROI while enabling $500 million in green-bond financing and strengthening ESG positioning against reputational and competitive threats.

This report is generated by AI from public sources and may contain errors, so readers should check the linked sources before relying on it.

Sections in the report

6 sections

2022 Emissions Profile
Reported Scope 1 emissions of 2,420,000 tCO2eq, Scope 2 of 925,000 tCO2eq, and Scope 3 of 11,600,000 tCO2eq in manufacturing sector.
Lightweight Materials Co-Development
Partnership with Ford on advanced composites for vehicles to cut downstream Scope 3 emissions.
On-Site Solar Power Initiative
Co-ownership of solar installations with NextEra targeting Scope 1 and 2 reductions at manufacturing sites.
Bio-Based Feedstock Sourcing
Collaboration with Cargill for bio-based plastics alternatives to decarbonize upstream Scope 3.
Renewable Energy Transition
Work with Dow to shift resin suppliers to renewables, cutting Scope 3 from raw materials.
Advanced Recycling Program
Closed-loop recycling partnership with Veolia for electronics to minimize end-of-life Scope 3.

Scope 1, direct	2,420,00016%
Scope 2, purchased energy	925,0006%
Scope 3, value chain	11,600,00078%
Total	14,945,000

3M Company

How the reported footprint breaks down by scope and year.

How 3M Company compares with its industry peers on Scope 3.

A claimed profile keeps the figures accurate and shows the company’s projects.

Reported emissions by year

FY2022

Scope 3 by category, 2022

What the SBTi listing says about the company's targets.

Voluntary credits retired for this company on public registries.

Scope 3 position

Disclosure coverage

What the public record says about this company's decarbonization.

Summary

Sections in the report

Decarbonization projects that name the company as a partner.