M, the conglomerate behind Post-It notes and Scotch tape, will stop making controversial per- and polyfluoroalkyl substances by the end of 2025.
The chemicals, commonly known as “forever chemicals,” are found in hundreds of household items and used to make coatings and products that can repel water, grease, heat and oil. The most recent science suggests that these chemicals are much more hazardous to human health than scientists had initially thought and probably more dangerous at levels thousands of times lower than previously believed.
“While PFAS can be safely made and used, we also see an opportunity to lead in a rapidly evolving external regulatory and business landscape to make the greatest impact for those we serve,” said 3M CEO Mike Roman in a statement. “This action is another example of how we are positioning 3M for continued sustainable growth by optimizing our portfolio, innovating for our customers, and delivering long-term value for our shareholders.” The company expects to take a financial hit of about $1.
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