Climate Change Data

3M INDIA LIMITED

Climate Impact & Sustainability Data (2022, 2023-04 to 2024-03)

Reporting Period: 2022

Environmental Metrics

Renewable Energy Share:51.9% (as of end of 2022)

ESG Focus Areas

  • Science for Circular
  • Science for Climate
  • Science for Community

Environmental Achievements

  • Reduced greenhouse gas emissions by 37.8% since 2019 (78.8% since 2002)
  • Achieved over 50% renewable energy across global operations (two years ahead of 2025 timeline)
  • Reduced virgin fossil-based plastic use by 35.7 million pounds
  • Reduced water usage by more than 10% (ahead of 2022 goal)
  • Reduced material sent for landfill and incineration by 9.8% since 2015 (Swedish sites)

Social Achievements

  • Created the position of director of environmental justice
  • Implemented the Work Your Way program, offering flexible working options
  • Global $50,000 grant to Vetenskapens Hus (House of Science) in Sweden for a science summer school
  • Donation of $5,124 to the Ukraine Crisis Foundation (Denmark)
  • Donation of 3M personal protective equipment to Ukraine (Värnamo site)

Governance Achievements

  • Maintained focus on driving further reductions in waste, water, and energy consumption
  • Reached 99% completion of annual Code of Conduct certification in the four Nordic countries
  • Updated Respectful Workplace Principle to Respectful Work Environment Principle

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality in operations by 2050
  • Increase renewable energy to 100% of total electricity use by 2050
  • Reduce global water usage by 25% by 2030
Medium-term Goals:
  • Reduce Scope 1 and 2 market-based GHG emissions by at least 50% by 2030
  • Increase renewable energy to 50% of total electricity use by 2025
Short-term Goals:
  • Reduce water consumption by 20% by 2025
  • Reduce manufacturing waste by an additional 10% by 2025
  • Achieve zero landfill status at more than 30% of manufacturing sites by 2025

Environmental Challenges

  • Climate risks affecting operations and supply chain
  • Maintaining and building on inclusion culture
Mitigation Strategies
  • Formal enterprise risk management analysis
  • REAL Allyship program to foster inclusion
  • Continued investment in scientific research and product development

Supply Chain Management

Supplier Audits: Over 457 assessments completed

Responsible Procurement
  • 3M Supplier Responsibility Code
  • Collaboration with Metsä Fibre, Ahlstrom, and Earthworm Foundation on sustainable forestry practices

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: UN Global Compact, WRI/WBCSD GHG Protocol

Certifications: ISO 14001, ISO 9001

Third-party Assurance: APEX Companies, LLC

Sustainable Products & Innovation

  • 3M™ Speedglas™ welding helmets (laser etching process)
  • 3M™ PELTOR™ communication headsets (noise reduction)
  • 3M™ Cubitron™ II abrasives

Awards & Recognition

  • 3M Pollution Prevention Pays awards

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:20,000 Metric tonnes (Scope 1 & 2)
Scope 1 Emissions:9,610 Metric tonnes
Scope 2 Emissions:10,300 Metric tonnes
Scope 3 Emissions:132,000 Metric tonnes
Renewable Energy Share:85% (Bengaluru), 12% (Ranjangaon)
Total Energy Consumption:98,823 GJ
Water Consumption:82,192 kilolitres
Waste Generated:3,169 metric tonnes
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable products and solutions
  • Safety of products and services
  • Health and Safety of employees
  • Climate change and GHG Emissions
  • Ethical and transparent business practices
  • Community health, safety and well being
  • Water usage and availability

Environmental Achievements

  • Reduced carbon emissions annually by 1,100 metric tonnes at Ranjangaon site through rooftop solar installation.
  • Bengaluru site sources 85% of its renewable electricity from the grid.
  • Achieved Zero Liquid Discharge (ZLD) at all three manufacturing facilities.

Social Achievements

  • 3M’s Work Your Way (WYW) initiative helped reduce attrition among female employees.
  • Maintained ZERO Lost Time Injuries at all three manufacturing sites.
  • Various well-being measures for employees and workers, including health insurance, accident insurance, and maternity benefits.

Governance Achievements

  • Robust compliance programmes, regular audits, and comprehensive ethical training implemented.
  • India ESG Council established to drive sustainability and responsible practices.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality in operations by 2050 (Global 3M goal)
  • Increase renewable energy use to 100% by 2050 (Global 3M goal)
Medium-term Goals:
  • Reduce water use by 25% by 2030 (Global 3M goal)
  • Reduce Scope 1 and 2 emissions by 80% by 2040 (Global 3M goal)
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 50% by 2030 (Global 3M goal)
  • Improve energy efficiency by 30% by 2025 (Global 3M goal)
  • Increase renewable energy use to 50% by 2025 (Global 3M goal)

Environmental Challenges

  • Health and safety incidents related to products.
  • Employee health and safety incidents.
  • Climate change and GHG emissions.
  • Ethical and transparent business practices.
  • Community health, safety, and well-being issues.
  • Water usage and availability in water-stressed areas.
Mitigation Strategies
  • Continuous improvement of product safety standards and rigorous testing protocols.
  • Rigorous training, regular health screenings, and strict compliance with safety regulations for employees.
  • Projects to reduce energy, water, and waste management.
  • Robust compliance programmes, regular audits, and comprehensive ethical training.
  • Community engagement and CSR programmes.
  • Water conservation and management programme in Ranjangaon.

Supply Chain Management

Supplier Audits: 8% of value chain partners (by value of business done)

Responsible Procurement
  • 3M Supplier Responsibility Code (SRC)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UNGC, ISO 14001:2015, ISO 45001:2018, ISO 9001

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001

Third-party Assurance: Apex

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed