3M
Industrial Conglomerates
MMM
$ 115 1.5
Share price
$ 63 bn
Market Cap
$ 74 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 2021 at 3,972 Kt (-878 /-18.1% y-o-y). Also positively, carbon intensity plunged to 112 t (-38 /-25.5% y-o-y).
3M's Scope 3 emissions skyrocketed to 10,700 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 -143 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Copyright © 2023 Exerica. All rights reserved.