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Sustainable
Value Creation

Science.People.Impact

Annual Report
2022-2023

Table of Contents

The site exemplifies our sustainability practices in action. Refer to pages 24-25 to read more about our activities around reducing emissions, waste and conservation of water.

Business Review

1

2

Statutory Reports

Financial Statements

3

4

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Business Review
Statutory Reports
Financial Statements
Contact us
 

Business Review

Strong rebound on the path
to sustainable value creation

Company. During the year, the Company declared its maiden dividend in the form of a special dividend of ` 850 per share. The Board has also recommended a final dividend of ` 100 per share, for your approval.
While we are pleased with the above financial results, we also recognise that this is an important step in a long journey of creating sustainable value for our shareholders, customers, partners, communities and other stakeholders. We intend to create sustainable long-term value by leveraging the unique capabilities of 3M and applying them to existing and several emerging opportunities in India.

Advancing
our impact

Driving purposeful innovation
with the power of science

Megatrends are shaping our world and future. Staying connected with our customers, understanding market trends and solving for a dynamic business environment are crucial. We understand this imperative,
 and our business segments are applying material science-based innovations to address opportunities in various sectors.
 

Statutory Reports

Accelerating our commitment
towards the environment

We are guided by 3M Company’s commitments to our environmental priorities, including climate and energy, water, waste, and plastic. We carefully manage waste and water, and we reuse and recycle as alternate options. Moreover, we consistently develop products and packaging that are reusable, renewable or made with a higher proportion of recycled material.

Driving purposeful innovation
with the power of science

Safer and environmentally friendly paint application systems for automotive and industrial paint shops
The rapid growth of automobile sales in India has also resulted in a corresponding increase in the automotive collision repair market. A significant portion of repair work takes place at paint shops, where traditional application systems often lead to excessive solvent usage and paint wastage due to inefficiencies in spraying.
 

Financial Satements

Scratch-proofing cars with
paint protection films

Consumers love their cars and want them to look showroom new.
3MTM Paint Protection films serve this need and are designed to safeguard automotive paint and other susceptible surfaces of vehicles.
These films are engineered to provide a durable shield against all forms of damage like stone chips, scratches, road tar and stains. Available at all 3M Car Care stores and select car detailing stores nationwide, these films are easy to install. Importantly, the film is virtually invisible, ensuring that it does not alter the vehicle’s design features or color, thus preserving the car’s showroom quality and appearance.

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Empower your workforce with expert support
at scale

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