New Program Embeds Sustainability in 3M Product Commercialization Process
Historically, about one-third of 3M’s annual sales come from products created in the past five years, so the impact is expected to expand greatly with each successive year.
3M recently announced that each 3M product entering the new product commercialization process will include a Sustainability Value Commitment that demonstrates how it drives impact for the greater good. This new, formal requirement embeds sustainability into the pipeline that produces 3M’s global products. Historically, about one-third of 3M’s annual sales come from products created in the past five years, so the impact is expected to expand greatly with each successive year.
Beyond impacting 3M’s own operations, another primary reason for the goal is to help customers achieve their sustainability goals. This new product goal creates more opportunities to collaborate with customers on solutions that improve lives around the world.