3M revises wood fiber sourcing policy to protect forests, human rights

Posted: March 5, 2015 at 8:40 pm

NEW YORK (MarketWatch) -- 3M MMM, +0.25% announced on Thurday a revised policy to ensure that all virgin wood fiber used in its paper-based products and packaging are from sources that protect forests and respect human rights. The company, which makes Post-it notes and Scotch tape, will hold a conference call Thursday, at 12:30 p.m. Eastern to provide details on its new policy. 3M joins the parade of kinder, gentler companies, including Akorn Inc. AKRX, -0.61% which announced Wednesday that it will no longer let its products to be used in lethal injections, and McDonald's Corp. MCD, -1.14% which said it will stop selling chicken raised with antibiotics important to human health. 3M's stock, a component of the Dow Jones Industrial Average, has ganied 3% in the past three months, while the Dow has edged up 0.8%.

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3M revises wood fiber sourcing policy to protect forests, human rights

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