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3M Company ESG Profile (MMM): Is It Sustainable?

Updated on April 20, 2022

Our posts may contain links from our affiliate partners. This supports helps support the site as we donate 10% of all profits to sustainability organizations that align with our values. However, this does not influence our opinions or ratings. Please read our Terms and Conditions for more information.

Our (MMM) ESG Review

 Logo
$105.11
SymbolMMM
Price$105.11
52 Week High šŸ“ˆ$154.66
52 Week Low šŸ“‰$100.16
Earnings Per Share šŸ’µ10.19
Dividend Yield šŸ”5.7987936

In 2018, 3M was named to the Dow Jones Sustainability World Index for the 19th consecutive year, and is a member of the leadership index. The company is also a signatory of the United Nations Global Compact and consistently works to further its commitment to responsible business practices. Respect for human rights is embedded in 3M’s culture and values, and the company has a comprehensive set of policies and programs in place to ensure that these rights are respected throughout its global operations.

3M is committed to operating in an environmentally responsible manner and has been recognized as a leader in sustainability. The company has set ambitious goals to reduce its environmental impact, including reducing greenhouse gas emissions by 30 percent by 2025 from a 2005 baseline. 3M has also set a goal to double the amount of renewable energy it uses by 2030.

3M’s products and services touch nearly every aspect of modern life, and the company is committed to ensuring that its products are safe for both people and the environment. 3M has strict internal guidelines for the safety of its products and works continuously to ensure that they meet or exceed all relevant regulatory requirements.

What We Like
  • Diverse product portfolio with global reach

  • Strong history of innovation

  • Strong history of innovation

What We Don't Like
  • Litigation risk from environmental issues

  • Potential reputational damage from association with certain industries

MMM ESG Summary

This is a summary of 's ESG scores from Sustainalytics, MSCI, and ESG Enterprise.

ESG Rating Agency Score or Rating
Sustainalytics 62
MSCI
ESG Enterprise BBB

MMM
Sector: Industrials
Industry: Conglomerates
Employees: 95,000
Business Description

3M Company, a diversified technology company, develops, manufactures, and markets various products worldwide. It operates through four segments: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer. The Safety & Industrial segment offers personal safety products, adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation & Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive, aerospace, and commercial solutions; advanced materials; and transportation safety products. This segment serves transportation and electronic original equipment manufacturer customers. The Health Care segment offers medical solutions, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies. This segment is also involved in the retail auto care business. The company serves automotive, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota.

Company
ExchangeNYQ
Address3M Center
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FAQ

How much is (MMM) stock?

The current stock price of (MMM) is $105.11.

What is (MMM)'s ESG Score?

(MMM) has an ESG score of 62, BBB, and as rated from Sustainalytics, ESG Enterprise, and MSCI, respectively.

Stocks

$105.11
Open $103.50
High $105.19
Close $102.78
Low $103.01
Volume 3,545,665

MMM ESG Scores 🌱
Sustainalytics 62
MSCI
ESG Enterprise BBB

Buy for $105.11

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