View downloadable original multimedia content:www.prnewswire.com/news-releases/3m-named-as-one-of-the-worlds-most-ethical-companies-by-ethisphere-institute-for-8th-consecutive-year-301232879.html “The world`s most ethical companies recognized today understand the companies` mandate to be ethical, responsible, and trustworthy to drive positive change,” said Timothy Erblich, CEO of Ethisphere. Congratulations to 3M on the ninth consecutive year. This is a testament to 3M`s commitment to doing the right thing and its commitment to integrity, governance and community. Recognizing that corporate integrity, character, and transparency influence corporate public trust, the Ethisphere Institute sets and promotes standards for ethical business practices through data-driven insights. “Acting with unwavering integrity is an essential part of 3M`s culture and guides 3M`s business,” said Michael Duran, Vice President and Chief Ethics and Compliance Officer, 3M. “In these challenging times, I am especially proud of the more than 90,000 3Merers who embody 3M`s values and protect our reputation every day. They deserve this honor and our success as a company. “For more than a century, we have built a foundation of trust and unwavering integrity in everything we do,” said Michael Duran, vice president and chief ethics and compliance officer, 3M. This recognition is a joint effort of our 96,000 employees worldwide.
Our ethics and values make 3M a great place to work. 3M has been recognized by the Ethisphere Institute for ethics and integrity in its business, which named the scientific company to the World`s Most Ethical Companies list for the fourth consecutive year. It is an honor that only four industrial manufacturing companies in the world can claim this year. The 3M Code of Conduct is at the heart of the Business Playbook and a key reason for the company`s high reputation among consumers and across many industries. I am proud that our employees abide by the 3M Code of Conduct every day by making ethical decisions and speaking up when they don`t know what to do. The full list of the World`s Most Ethical Companies in 2022 is available at: worldsmostethicalcompanies.com/honoreesÂ “For the past 120 years, 3M has built its reputation on ethics,” said Michael Duran, Senior Vice President and Chief Ethics and Compliance Officer, 3M. “Our purpose and unwavering integrity help us serve our customers and make 3M a great place to work. I am truly proud of our more than 90,000 3M employees who work every day to protect 3M`s reputation.” Viewed as a competitive advantage, 3M leaders create and foster a work environment where compliance and ethical business conduct are expected and fostered by strong tone at the top and by example. The evaluation process of the world`s most ethical companies includes questions on environmental, social and governance factors, safety, equity and inclusion, and social justice, and serves as an operational framework to highlight best practices from organizations across sectors and around the world. Ethisphere® is a global leader in setting and promoting standards for ethical business practices that foster corporate character, market confidence and business success. The 3M Code of Conduct reinforces 3M`s ethical reputation with consumers and across many industries.
Business leaders create and foster a work environment where compliance and ethical business conduct are expected and encouraged by leading by example. Press contact: Tim Post, 651-733-9789 Tpost3@mmm.com. This year`s questions focused on how companies are managing the global health pandemic, environmental, social and governance factors, as well as safety, equity and inclusion, and social justice. For more information on the 3M Code of Conduct, Ethics and Compliance, please visit: www.3m.com/3M/en_US/ethics-compliance/code/ 3M is one of 132 companies in the world to be recognized as one of the World`s Most Ethical Companies in 2020. Ethisphere evaluates companies in five categories: Ethics and Compliance Program, Ethical Culture, Citizenship and Corporate Responsibility, Governance and Leadership, and Reputation. “At 3M, it`s not enough to win business – it depends on how you do it,” said Kristen Ludgate, 3M`s Assistant Vice President of General Council and Chief Compliance Officer. At 3M (NYSE: MMM), we collaboratively apply science to improve lives every day as our employees connect with customers around the world. Learn more about 3M`s creative solutions to global challenges in www.3M.com or on Twitter @3MÂ or @3MNews. ST. PAUL, Minn., March 15, 2022 /PRNewswire/ — The Ethisphere Institute today recognized 3M for the ninth consecutive year for ethics and integrity in business conduct and compliance. 3M is one of only seven industrial companies in the world to receive awards this year. To learn more about the 3M Code of Conduct, please visit: solutions.3m.com/wps/portal/3M/en_US/businessconduct/bcmain/ 3M is one of 136 companies globally recognized as one of the World`s Most Ethical Companies in 2022.
The assessment includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance and diversity. 3M scored highest in the Citizenship and Corporate Responsibility category and in the Ethics and Compliance Programs Group. 3M is one of only seven industrial companies in the world to receive awards this year. The Ethisphere Institute evaluates companies at different levels, from compliance and corporate responsibility programs to a company`s leadership and ethics culture. The Ethisphere Institute has recognized 3M as one of the World`s Most Ethical Companies for the seventh consecutive year.