3M: The Pioneer in Sustainability

Arjunsingh Thakur

Abstract: This research briefly reviews some of 3M's early environmental protection initiatives, beginning with its innovative Pollution Prevention Pays (PPP) programme, which was launched in 1975. The corporation formally intensified its attention on sustainability in the 2010s, at which point it created the Strategic Sustainability Framework with 15 sustainability goals for 2025. After conducting strategic consultations with more than 50 stakeholder groups, 3M claimed to have established the targets. Because of its reputation as an inventive firm, 3M understood that it needed to concentrate on technologies that would lessen environmental effect and allay growing consumer worries about the environment if it wanted to continue producing innovative goods. The case then details 3M's "Sustainability Value Commitment" (SVC) for all new products, under which the company aimed to create goods that addressed social problems as well as environmental ones. 3M considered the selection of raw materials while designing products and packaging while keeping circular economy ideas in mind. Additionally, in order to support its efforts in sustainability and corporate social responsibility, the company tried to obtain raw materials in an ethical manner and even used supply chain digitalization.

Keywords: Sustainability, CSR, PLC, Corporate Values, Management, 3M, Environment, Recycling.

Title: 3M: The Pioneer in Sustainability

Author: Arjunsingh Thakur

International Journal of Interdisciplinary Research and Innovations

ISSN 2348-1218 (print), ISSN 2348-1226 (online)

Vol. 11, Issue 2, April 2023 - June 2023

Page No: 94-104

Research Publish Journals

Website: www.researchpublish.com

Published Date: 05-June-2023

DOI: https://doi.org/10.5281/zenodo.8004772

Vol. 11, Issue 2, April 2023 - June 2023

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3M: The Pioneer in Sustainability by Arjunsingh Thakur