3M achieves Science Based Targets initiative validation, strengthening commitment to decarbonization and customer innovation
3M (NYSE: MMM) has announced that its near-term, science-based emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) as aligning with the 1.5°C trajectory of the Paris Agreement. This validation strengthens 3M's commitment to climate action and decarbonization. The company's targets include:
1. Reducing absolute scope 1 and 2 greenhouse gas emissions by 52.6% by 2030 from a 2019 baseline.
2. Reducing absolute scope 3 emissions by 42% by 2030 from a 2021 baseline.
This marks 3M's first scope 3 GHG emissions target, a significant milestone for the diverse, global company. 3M has been documenting and reporting scope 1 and 2 inventory since 2002 and developing its scope 3 emissions inventory since 2011.
3M (NYSE: MMM) ha annunciato che i suoi obiettivi di riduzione delle emissioni a breve termine, basati sulla scienza, sono stati validati dall'iniziativa Science Based Targets (SBTi) come allineati con il percorso di 1,5°C dell'Accordo di Parigi. Questa validazione rafforza l'impegno di 3M nell'azione per il clima e nella decarbonizzazione. Gli obiettivi dell'azienda includono:
1. Ridurre le emissioni di gas serra assolute scope 1 e 2 del 52,6% entro il 2030 rispetto a un livello di riferimento del 2019.
2. Ridurre le emissioni assolute scope 3 del 42% entro il 2030 rispetto a un livello di riferimento del 2021.
Questo segna il primo obiettivo di emissioni GHG scope 3 per 3M, un traguardo significativo per l'azienda globale e diversificata. 3M documenta e riporta l'inventario delle emissioni scope 1 e 2 dal 2002 e sviluppa il suo inventario delle emissioni scope 3 dal 2011.
3M (NYSE: MMM) ha anunciado que sus objetivos de reducción de emisiones a corto plazo, basados en la ciencia, han sido validados por la iniciativa Science Based Targets (SBTi) como alineados con la trayectoria de 1.5°C del Acuerdo de París. Esta validación refuerza el compromiso de 3M con la acción climática y la descarbonización. Los objetivos de la empresa incluyen:
1. Reducir las emisiones absolutas de gases de efecto invernadero del alcance 1 y 2 en un 52.6% para 2030 a partir de una línea base de 2019.
2. Reducir las emisiones absolutas del alcance 3 en un 42% para 2030 a partir de una línea base de 2021.
Esto marca el primer objetivo de emisiones de GHG del alcance 3 para 3M, un hito significativo para la diversa empresa global. 3M ha estado documentando e informando sobre el inventario del alcance 1 y 2 desde 2002 y desarrollando su inventario de emisiones del alcance 3 desde 2011.
3M (NYSE: MMM)은 단기 과학 기반 배출량 감축 목표가 Science Based Targets initiative (SBTi)에 의해 유효성을 인정받아 1.5°C 목표에 맞춰져 있다고 발표했습니다. 이 검증은 기후 행동 및 탈탄소화에 대한 3M의 헌신을 강화합니다. 회사의 목표는 다음과 같습니다:
1. 2019년 기준으로 2030년까지 절대 범위 1 및 2 온실가스 배출량을 52.6% 줄이는 것.
2. 2021년 기준으로 2030년까지 절대 범위 3 배출량을 42% 줄이는 것.
이는 3M의 첫 번째 범위 3 온실가스 배출 목표로, 글로벌 다각화 기업의 중요한 이정표입니다. 3M은 2002년부터 범위 1 및 2의 재고를 문서화하고 보고해왔으며, 2011년부터 범위 3 배출량 재고를 개발해왔습니다.
3M (NYSE: MMM) a annoncé que ses objectifs de réduction des émissions à court terme, basés sur la science, ont été validés par l'initiative Science Based Targets (SBTi) comme étant alignés avec la trajectoire de 1,5 °C de l'Accord de Paris. Cette validation renforce l'engagement de 3M en faveur de l'action climatique et de la décarbonisation. Les objectifs de l'entreprise comprennent :
1. Réduire les émissions absolues de gaz à effet de serre des scopes 1 et 2 de 52,6 % d'ici 2030 par rapport à une base de 2019.
2. Réduire les émissions absolues de scope 3 de 42 % d'ici 2030 par rapport à une base de 2021.
Ceci marque le premier objectif d'émissions de GES scope 3 pour 3M, une étape significative pour cette entreprise mondiale et diversifiée. 3M documente et rend compte de son inventaire des émissions scopes 1 et 2 depuis 2002 et développe son inventaire des émissions scope 3 depuis 2011.
3M (NYSE: MMM) hat angekündigt, dass ihre kurzfristigen, wissenschaftlichen Emissionsreduktionsziele von der Science Based Targets initiative (SBTi) validiert wurden und mit dem 1,5°C-Ziel des Pariser Abkommens übereinstimmen. Diese Validierung stärkt das Engagement von 3M für Klimaschutz und Dekarbonisierung. Die Ziele des Unternehmens umfassen:
1. Absolute Reduktion der Treibhausgasemissionen der Bereiche 1 und 2 um 52,6% bis 2030 im Vergleich zu einem Basisjahr von 2019.
2. Absolute Reduktion der Emissionen im Bereich 3 um 42% bis 2030 im Vergleich zu einem Basisjahr von 2021.
Dies stellt das erste Ziel für die Treibhausgasemissionen im Bereich 3 von 3M dar, einen bedeutenden Meilenstein für das vielfältige, globale Unternehmen. 3M dokumentiert und berichtet seit 2002 über Bestände in den Bereichen 1 und 2 und hat seit 2011 Bestände für die Emissionen im Bereich 3 entwickelt.
- SBTi validation of emissions reduction targets aligns with 1.5°C Paris Agreement trajectory
- Commitment to reduce scope 1 and 2 emissions by 52.6% by 2030
- First scope 3 emissions target set, aiming for 42% reduction by 2030
- Long-standing history of emissions reporting and inventory development since 2002
- None.
- Announces first scope 3 goal, a milestone for a diverse, global company with thousands of products
- Refines scopes 1 and 2 near-term targets for 2030 in alignment with the 1.5° C trajectory of the Paris Agreement
"3M has a long history of reducing its greenhouse gas emissions. The validation of our targets by SBTi reflects years of collaboration and dedication by 3Mers working on a detailed action plan to innovate across our portfolio to decarbonize industry, accelerate our climate solutions and improve our environmental footprint," said Gayle Schueller, senior vice president and chief sustainability officer at 3M. "We will continue to drive innovation in our products and our processes, empowering customers to reach their sustainability goals, and working together to build a low-carbon economy."
The SBTi provides a framework for companies to set targets according to climate science. SBTi offers standards, guidance, and tools for establishing emissions reduction targets. The SBTi has validated the following near-term targets for 3M:
- Reduce absolute scope 1 and scope 2 greenhouse-gas emissions by 52.6 percent by 2030, from a 2019 baseline.
- Reduce absolute scope 3 emissions by
42% by 2030 from a 2021 baseline.
"Not only has 3M been an early adopter of setting targets for greenhouse gas emissions reductions, but we have also helped evolve the science of measurement and accounting for supply chain emissions (Scope 3), which are particularly challenging for a diverse, global company like 3M." Schueller continued, "For years, we have focused on demonstrating our math, path and plan and we will continue to leverage that on behalf of our customers."
The announcement of the 3M's first scope 3 GHG emissions target – validated by SBTi – is a milestone in the company's journey to account for a portfolio that spans across industries including automotive, protective safety, energy, consumer packaged goods, and electronics. 3M has been documenting and reporting scope 1 and 2 inventory since 2002 and has been developing its scope 3 emissions inventory since 2011 in line with the GHG Protocol Corporate Value Chain (scope 3) Accounting and Reporting Standard. For more than a decade, 3M has been collaborating with customers to provide the data and solutions to meet their sustainability goals.
More information about 3M's sustainability strategy, goals and progress can be found on the company website and in the 2024 Q1 Global Impact Summary.
About 3M
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-achieves-science-based-targets-initiative-validation-strengthening-commitment-to-decarbonization-and-customer-innovation-302266297.html
SOURCE 3M Company
FAQ
What are 3M's (MMM) new emissions reduction targets validated by SBTi?
When did 3M (MMM) start reporting its scope 1 and 2 emissions inventory?
What is significant about 3M's (MMM) scope 3 emissions target announcement?
How does the SBTi validation align with 3M's (MMM) climate commitments?
