London, 30 November 2023 – 3M announces its participation to the UN Climate Conference COP28, taking place in Dubai, UAE, from November 30 to December 12, 2023. The key themes for this year's conference include technology and innovation, inclusion, frontline communities, and finance.
Gayle Schueller, 3M SVP & Chief Sustainability Officer, comments: "Under the theme 'Bringing the World Together,' COP28 will bring together leaders, policymakers, and civil society. The goal is to accelerate efforts for collective and results-oriented actions to close the remaining gaps by 2030. By focusing on responding to the global inventory, we can support decarbonization, the energy transition, as well as responsible production and consumption."
Schueller reaffirms 3M's commitment to addressing the pressing ecological challenges of climate change and resource scarcity, adding: "By leveraging our industry expertise and learnings from the unique challenges we have faced on our sustainability journey, we aim to continue making significant progress towards a more sustainable future."
Sustainability at 3M
As part of its own sustainability strategy, 3M has reduced its greenhouse gas emissions by 78.8 percent since 2002. Additionally, 3M achieved its 2025 renewable energy goal by the end of 2022, reaching 51.9 percent renewable electricity use across at its global sites. There was a reduction of 37.8% in its Scope 1 and 2 market based GHG emissions in 2022, placing the company on a trajectory to achieve a targeted 50% reduction by 2030. Water efficiency has increased to 16.8% indexed to sales... These milestones align with the company's broader sustainability commitments, which encompass achieving carbon neutrality in Scope 1 and 2 emissions by 2050, aiming for a 20% reduction in water consumption by 2030, and enhancing water quality upon return to the environment post-production. 3M remains steadfast in its mission to reduce the use of new fossil-based plastics by nearly 56,700 tons by 2025. In 2021, the company announced an additional investment of 1 billion US dollars over a 20-year period to reach these goals.
3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we're working to improve lives and make what's next at 3M.com/news or on Twitter at @3M or @3MNews.