3M 2004 Annual Report Download - page 17

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innovate, grow, deliver 15
We also continue to significantly improve our energy
efficiency. Over the period 2000 to 2004, we reduced
energy usage, indexed to net sales, by nearly 25 percent,
exceeding our target. In 2004, 3M was named ENERGY
STAR Partner of the Year, the highest industrial honor
bestowed by the U.S. Environmental Protection Agency
and the U.S. Department of Energy. 3M was singled out
in the business and energy management category for
integrating energy management into the company’s
overall operational strategies.
Our Life Cycle Management process is applied to
new products on a worldwide basis. In 2004, we used
Six Sigma methodology to improve the application of
Life Cycle Management to product development globally.
Life Cycle Management means that environmental,
health and safety issues are taken into account and used
to guide decision-making at every stage of a product’s
life cycle – from design and manufacturing through
customer use and disposal.
3M has a long history of environmental stewardship.
The company’s pioneering Pollution Prevention Pays
(3P) program, which is designed to find ways to avoid
the generation of pollutants, marks its 30th anniversary
in 2005. Since 1975, more than 5,600 employee-driven
3P projects have prevented the generation of more than
2.2 billion pounds of pollutants and produced first-year
savings of nearly $1 billion.
In recognition of our commitment to sustainability, 2004
was the fifth year that 3M was selected for inclusion in
the Dow Jones Sustainability Index, and the fourth year
that we were named the leader in our industry group.
This index rates companies on their proactive corporate
policies and practices in managing the economic, envi-
ronmental and social aspects of doing business around
the world.