3M
Specialty Chemicals
MMM
$ 151 0.8
Share price
$ 86 bn
Market Cap
$ 96 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
3M aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
3M reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4,850 Kt (-520 /-9.7% y-o-y). Also positively, carbon intensity fell to 151 t (-16 /-9.8% y-o-y).
3M's Scope 3 emissions increased to 9,278 Kt (
The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -217 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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