3M Co.
Industry Group: Industrial Conglomerates
Country/Region: United States of America
Identifier: NYS:MMM
3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of the second quarter of 2024, 3M is organized across three business segments: safety and industrial, transportation and electronics, and consumer. Nearly 50% of the company’s revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company’s tens of thousands of products touch and concern a variety of consumers and end markets.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Industrial Conglomerates 76 out of 132
Universe
Global Universe 15236 out of 16353
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Hitachi Ltd. |
27.4
Medium
|
12 out of 132 |
Honeywell International, Inc. |
28
Medium
|
15 out of 132 |
Fortive Corp. |
29.5
Medium
|
17 out of 132 |
3M Co. |
41
Severe
|
76 out of 132 |
CITIC Ltd. |
51.2
Severe
|
128 out of 132 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
3M Co.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
3M Co.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for 3M Co.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted 3M Co.'s ESG Risk Rating in the last three years
Highest Controversy Level