3M

Saint Paul, Minnesota
Capital Goods

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

3M is Medium Risk. The company often 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 occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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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 serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $705,823 to Republican causes and $111,099 to Democratic causes. Under their tenure, 3M currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$705,823

$111,099

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 FactorAgainst44.97%
5/10/22EnvironmentalJohn Bishop Montgomery TrustReport on Environmental CostsAgainst13.16%
5/10/22SocialSteven MilloyReport on Operations in Communist ChinaAgainst3.24%
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