Through constant efforts to improve life, 3M is also one of the most sustainable companies in the world this year. Confirmations also from EcoVadis and Reputation Institute
3M confirms itself again as a leading company in terms of sustainability: for the nineteenth consecutive year the Dow Jones Sustainability Index has recognized to the St. Paul company the excellent level of its commitment, including it in the very limited number of companies constantly present in the Index ( DJSI).
3M, a society that translates science into life-enhancing solutions, has a long-standing commitment to sustainability. It all started in the 70 years with the 3P Program (Pollution Prevention Pays), a series of commitments that have been translated both in concrete actions in respect of the environment and in hundreds of product and process improvements, thus forming the basis of a the culture permeated in the organization. Today the company targets the 2025 Sustainability Goals in a path that focuses on water, climate and energy, to continue to demonstrate concretely that good practices, in addition to being positive for the planet, are also positive for the business.
"The commitment to find solutions to the great global challenges is at the base of everything we do in 3M," said Dirk Lange, MD of 3M Italia "We are indeed a company with a strong focus on the goal and sustainability is one drivers to create innovative solutions useful to our customers and in general to improve people's lives ".
Sustainability is today an integrated approach in 3M business practices: in developing new solutions for customers, the company maintains its commitment to reducing environmental impact through products and solutions, but also helping customers to be sustainable in turn with economic benefits.
This commitment has allowed 3M to achieve several important goals in the 2018:
• reduction of 68,1% of greenhouse gas emissions compared to 2002
• electricity generated for 30% from renewable sources
• environmental protection investments, training programs and community programs exceeding 70 million dollars
• new supplier evaluation process that measures the level of social and environmental sustainability
• launch of an innovative product - 3M ™ smog reducing granules - which, when applied to tiles, uses sunlight to clean the air from smog.
The DJSI - created by analysts and researchers who study in depth the environmental, social and economic performance of companies - is not the only ranking to reward 3M.
For the 2018 the company was in fact inserted by EcoVadis in the "Gold" category, among the very first companies in the world (1% of the ranking) in terms of social responsibility (environment, social, ethics and supply chain) for all industrial categories . EcoVadis manages the first collaborative platform that allows companies to verify the sustainability performance of suppliers, in 150 sectors and 110 countries, with the aim of improving environmental and social practices by exploiting the influence of global logistics chains.
Further confirmations for 3M also come from Eu5 RepTrak of Reputation Institute (Ri), which inserts 3M at 42th place. EU5 RepTrak® 2018 - published for the first time this year - is considered the largest cross-country company reputation study. Based on over 87.000 individual assessments among consumers in the five most industrialized European countries - Italy, Germany, France, Spain and the United Kingdom - 140 analyzes multinational companies assessing their emotional connection with stakeholders, their behavior towards the companies themselves, the intention to purchase, the probability of recommending and willingness to work on it. Among the first factors evaluated to define the reputational impact, the importance of social responsibility activities.
These awards confirm and consolidate the evaluation that Ethisphere Institute, a global leader in the definition and development of standards for ethical business practices, has given 3M the beginning of 2018. For the fifth consecutive year, 3M has in fact been recognized as World's Most Ethical Company, one of the few industrial companies in the world to have stood out continuously for its ethical and integrity in business conduct.
Deepening
3M translates science into solutions able to concretely improve everyday life.
With revenues of 32 billions of US dollars and over 91 thousand employees, it operates in 200 countries of the world. From the base of 46 technology platforms, 3M presents innovative solutions in areas of excellence; just a few examples: health, automotive, safety, industry, interior decoration, transportation, graphics, energy, industry and consumption.
In Italy 3M has a consolidated presence from more than 50 years of activity, about 700 collaborators, a turnover of over 455 millions of euro and a vast range of technological solutions. The highest standards of sustainability characterize the headquarters of Pioltello Malaspina (Milan), with a Customer Innovation Center, 2 establishments, a Distribution Center and 6 Technical Centers.