3M Co

Common Name
3M
Country
United States
Sector
Industrials
Industry
Conglomerates
Employees
61,500
Ticker
MMM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
www.3m.com
Description
3M Company, often recognized for its innovative approach, is a diversified technology corporation that caters to various consumer and industrial needs across the globe. With a robust presence in multi...

3M's GHG Emissions Data Preview

In 2024, 3M completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

3M has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into 3M's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of 3M amounted to 2,630,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of 3M decreased by 23.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

3M's Scope 1 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e-15%-11%-17%-20%-4%-34%
  • Total Scope 1
  • Year-over-Year Change

What are 3M's Scope 1 emissions?

In 2024, the total Scope 1 emissions of 3M were 1,500,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has 3M reduced its Scope 1 emissions over time?

Since 2018, 3M's Scope 1 emissions have decreased by 68.68%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), 3M's Scope 1 emissions decreased by 34.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are 3M's Scope 2 emissions?

In 2024, 3M reported Scope 2 greenhouse gas (GHG) emissions of 558,000 tCOâ‚‚e using the market-based method, and 1,130,000 tCOâ‚‚e using the location-based method.

Has 3M reduced its Scope 2 emissions over time?

Since 2018, 3M's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 39.25%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), 3M's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that 3M 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does 3M use for Scope 2 reporting?

In 2024, 3M reported its Scope 2 emissions using the market-based method and using the location-based method.

3M's Scope 2 Emissions Over Time

20182019202020212022202320240500 k1 M1.5 M2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into 3M's Value Chain Emissions

In 2024, 3M reported 29,900,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of 3M includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

3M's Scope 3 Emissions Over Time

201820192020202120222023202409.5 M19 M28.5 M38 MtCO2e-6%+8%+21%+224%-14%-7%
  • Total Scope 3
  • Year-over-Year Change

What are 3M's Scope 3 emissions?

In 2024, 3M reported total Scope 3 emissions of 29,900,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 25.3% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.7% came from downstream activities like product use, distribution, and end-of-life treatment.

Has 3M reduced its Scope 3 emissions over time?

Since 2018, 3M's Scope 3 emissions have increased by 213.75%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), 3M's Scope 3 emissions remained relatively stable, indicating that 3M 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does 3M disclose?

In 2024, 3M reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of 3M's Scope 3 emissions?

In 2024, the largest contributors to 3M's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 21,100,000 tCOâ‚‚e (70.46%)
  • Purchased Goods and Services (Cat. 1): 4,510,000 tCOâ‚‚e (15.06%)
  • Upstream Transportation and Distribution (Cat. 4): 1,300,000 tCOâ‚‚e (4.34%)

3M's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(15.1%)Use of Sold Products(Cat. 11)(70.5%)UpstreamTransportation andDistribution(Cat. 4)(4.3%)

Insights into 3M's Total Carbon Footprint

In 2024, 3M reported a total carbon footprint of 32,530,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.01% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to 3M's total carbon footprint was Scope 3 emissions, accounting for 91.92% of the company's total carbon footprint, followed by Scope 1 emissions at 4.61%.

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