diff --git a/CHANGELOG.md b/CHANGELOG.md
index d27a854..547bb0d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,12 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 
 ## [Unreleased]
 
+## [3.1.0] - 2024-03-08
+
+### Added
+
+- Add ESM build ([#141](https://github.com/MetaMask/safe-event-emitter/pull/141))
+
 ## [3.0.0] - 2023-04-24
 
 ### Breaking
diff --git a/package.json b/package.json
index 2196e7c..057cda3 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/safe-event-emitter",
-  "version": "3.0.0",
+  "version": "3.1.0",
   "description": "An EventEmitter that isolates the emitter from errors in handlers",
   "main": "dist/cjs/index.js",
   "module": "dist/esm/index.js",