3M
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
3M is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. 3M embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportBoard Bias
Expand Summary
CEO of 3M
Michael F. Roman
Summary:
Headquartered in Saint Paul, Minnesota, 3M is a member of the Fortune 250 operating in the Capital Goods industry. Michael F. Roman and Michael F. Roman serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $85,850 to Republican causes and $81,003 to Democratic causes. Under their tenure, 3M currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$85,850
$81,003
Republican
Democrat
Shareholder Proposals
Expand Summary
| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/14/24 | Governance | Raymond Weber | Improve Executive Compensation Policy to Include CEO Pay Ratio Factor | Against | 44.97% |
| 5/10/22 | Environmental | John Bishop Montgomery Trust | Report on Environmental Costs | Against | 13.16% |
| 5/10/22 | Social | Steven Milloy | Report on Operations in Communist China | Against | 3.24% |
In the News
Expand Summary
Amazon , Citigroup , Yelp , Uber Technologies , Lyft , Match Group , Bumble, Inc. , Salesforce , Levi Strauss