3M Reaches $10.3 Billion Settlement Over Claims of 'Forever Chemicals' Water Pollution
3M has entered a broad class resolution to support per- and polyfluoroalkyl substances (PFAS) remediation for public water suppliers (PWS) that detect PFAS in drinking water at any level or may do so in the future. This agreement will benefit PWS nationwide that provide drinking water to a vast majority of Americans. Subject to court approval, the agreement includes a present value commitment of up to $10.3 billion payable over 13 years.
This agreement will provide funding for PWS across the country for PFAS treatment technologies without the need for further litigation. It also provides funding for PWS that may detect PFAS in the future as well as funding for PWS to conduct testing for PFAS.