3M

Saint Paul, Minnesota
Capital Goods

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

By complying with the HRC’s controversial demands, 3M increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. 3M forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company’s former CEO signed the CEO Action for Diversity and Inclusion pledge. 3M supports the Equality Act and opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, 3M receives a High Risk rating.

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Board Bias

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CEO of 3M

Michael F. Roman

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.

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Political Contributions of Leadership:

$85,850

$81,003

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/14/24GovernanceRaymond WeberImprove Executive Compensation Policy to Include CEO Pay Ratio FactorAgainstN/A
5/10/22EnvironmentalJohn Bishop Montgomery TrustReport on Environmental CostsAgainst13.16%
5/10/22SocialSteven MilloyReport on Operations in Communist ChinaAgainst3.24%
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