Solving Sustainability Challenges A Platform for Sustainable Growth

Transcription

1 Solving Sustainability Challenges A Platform for Sustainable Growth Keith Miller The Big Green Conference November 11, M All Rights Reserved.

2 Company Profile 2 3M All Rights Reserved.

3 3M is a Global Company 3 Sustainability Is a Global Objective 3M All Rights Reserved.

4 What is Sustainability? Economic Success 3 Environmental Protection Social Responsibility 4 3M All Rights Reserved.

5 3M s Corporate Values Act with uncompromising honesty and integrity in everything we do Satisfy our customers with innovative technology and superior quality, value and service Provide our investors an attractive return through sustainable, global growth Respect our social and physical environment around the world Value and develop our employees' diverse talents, initiative and leadership Earn the admiration of all those associated with 3M worldwide Corporate values form the foundation for our sustainability efforts 5 3M All Rights Reserved.

6 3M Sustainability Principles Economic Success Build lasting customer relationships by developing differentiated, practical and ingenious solutions to their sustainability challenges. Environmental Protection Provide practical and effective solutions and products to address environmental challenges for ourselves and our customers. Social Responsibility Engage key stakeholders in dialogue and take action to improve 3M s sustainability performance M All Rights Reserved.

7 3M s Sustainability Journey: A Series of Firsts 1930s 1970 Today Pension Plans & Disability Coverage 3M Foundation 3M Safety & Environmental Management 3P: Pollution Prevention Pays Environmental Targets Life Cycle Management Environmental Solutions 7 3M All Rights Reserved.

8 Environmental and Sustainability Recognition 2010 Gold Class Member of the Dow Jones Sustainability Index (Recognized as an index member since its inception in 1999) Energy Star Sustained Excellence Award for six consecutive years 2009 Business Week's Greener China Business Award 2009 Carbon Trust Standard award to 3M UK & Ireland 2007 U.S. EPA Clean Air Excellence Award 2005 US EPA Climate Protection Award 8 3M All Rights Reserved.

9 A Holistic Approach to Environmental Sustainability Manufacturing Raw Materials Transportation & Logistics Disposal Customer Use 3M s environmental sustainability programs address every aspect of 3M s impact 9 3M All Rights Reserved.

10 Pollution Prevention Pays (3P) 3M s History and Future Started in 1975, 3P prevents pollution at the source, in products and manufacturing Environmental benefits can occur within 3M or for our customers and suppliers 3P has served as foundation for government environmental policies and programs across the globe 3M s 3P Results (aggregate first year savings) Over 3 billion pounds of pollution prevented Nearly $1.4 Billion saved Today, 3P is a fundamental 3M philosophy and foundation for sustainable production and products 10 3M All Rights Reserved.

11 Pollution Prevention Pays (3P) 3P touches every employee from the manufacturing floor to 3M s laboratories, distribution centers, and offices. 3P is an integral part of the way 3Mers approach environmental challenges. What started as a program in 1975 has become a corporate philosophy 3M continues to seek innovative projects that conserve resources and/ or prevent pollution P Results Reformulating products Improving processes to reduce waste Reducing transportation impacts Reducing packaging 670 projects 29,000 pounds of pollution prevented $88 million saved 11 3M All Rights Reserved.

12 3P at Work 3M Neutral Cleaner Concentrate Reformulation Reformulated via 3P Project in 2008 Part of Twist 'n Fill Cleaning Chemical Management System Reduced VOC Emissions from Use by more than 87% Project saved $100,000s in Manufacturing Costs LEED Claim: Use of this product helps contribute to LEED EB v2.0- MR Credit 4 Sustainable Cleaning Products and Materials 3M Twist n Fill 12 3M All Rights Reserved.

13 Manufacturing Operational Excellence: Energy, Waste, Greenhouse Gas and Safety Trends Worldwide Energy Use (million Btu / million dollars sales) 44% Reduction Total Waste (excludes recycling) (pounds / million dollars sales) 50% Reduction Nearly 100% of our manufacturing facilities are certified to the Worldwide Greenhouse Gas Emissions ISO Recordable & Lost Time (million metric tons environmental CO 2 eq absolute) management system standard Safety & Health Trends 77% Reduction 32% & 34% Reduction 13 3M All Rights Reserved.

14 Waste Management Drive reduction through prevention before recycling & reuse 3M recycles or reuses 24X more waste than it disposes Current Goal: Reduce waste/net sales by 20% from Waste Hierarchy Prevention Reuse Recycle Disposal 14 3M All Rights Reserved.

15 Energy Management Corporate Energy Management Program established in 1973 Energy Champion and team in all facilities globally Since 2005: 23% improvement in energy efficiency $46 million in first More than 3000 projects in year cost savings Energy Projects database Current Goal: Improve energy efficiency 25% by 2015 from 2005 base year, indexed to net sales (BTUs/$) 15 3M All Rights Reserved.

16 Greenhouse Gas (GHG) Emissions 3M s GHG management strategy includes: Robust GHG accounting Corporate reduction targets Developing GHG solutions for our customers 3M has reduced total GHG emissions worldwide by 77% from % Reduction 16 3M All Rights Reserved.

17 Product Life Cycle Management 3M s Pathway to Product Sustainability 3M s Life Cycle Management (LCM) process ensures our products address environmental, health and safety (EHS) and energy opportunities and risks throughout their life cycle 17 LCM is a component of 3M s formal New Product Introduction Process Bringing EHS and energy considerations into each stage of product development Covering products from the idea phase through commercialization 3M All Rights Reserved.

18 Life Cycle Management at Work Novec 1230 Fire Protection Fluid Next-generation halon alternative Superior performance in extinguishing efficiency, safety, and global warming impact Zero ozone depletion potential 5-day atmospheric lifetime A global warming potential of 1 (compared to alternative with GWPs of ,000) 3M Novec 1230 has prevented more lbs of C0 2 equivalent emissions than 3M emitted in M All Rights Reserved.

19 3M Product Catalog of Environmental Solutions Features over 400 products with an environmental and/or energy advantage Includes products that save energy, reduce greenhouse gas emissions, are Green Seal & Green Guard certified, are manufactured with fewer solvents, contain recycled content, made with natural materials, can be used to support L.E.E.D. certification, and much more 19 Making it easier for our customers to find products that help them reach their environmental goals 3M All Rights Reserved.

20 Example: 3M Window Film 20 3M All Rights Reserved.

21 3M s Approach to Green Products No product is Green. although many of 3M s products have environmental / energy advantages Global marketing claims policy Corporate Environmental Claims Guidance Provides assistance on the articulation of environmental claims Includes legal, environmental, toxicology, marketing, sustainability, & product responsibility functions In-house ISO/IEC 17025:2005 certified laboratory providing environmental science and analytical testing services. 21 3M All Rights Reserved.

22 Environmental Claim: Post-it Greener Notes 22 3M All Rights Reserved.

23 3M s Approach to Sustainability Environmental Protection Practical and effective solutions and products to address environmental challenges for ourselves and our customers Manufacturing efficiency and customer environmental footprint reduction Social Responsibility Engage key stakeholders in dialogue and take action to improve 3M s sustainability performance. Continuous improvements based on stakeholder engagement Economic Success Build lasting customer relationships by developing differentiated, practical and ingenious solutions to their sustainability challenges Economic Success Innovative environmental and energy solutions for our customers Solving Environmental Sustainability Challenges 3 Environmental Protection Social Responsibility 23 3M All Rights Reserved.

24 Solving Sustainability Challenges A Platform for Sustainable Growth 3M All Rights Reserved. Thank You!