Philip Morris International Inc. (PMI) ranked in the top 10 percent of 500 of the largest global companies assessed in the Newsweek Green Rankings 2014, and weighed in in 29th place for the ranking among the 500 largest U.S. companies assessed.
PMI obtained high productivity scores, ranking third highest in its peer group of Food, Beverages and Tobacco companies and came in first among international and U.S. tobacco manufacturers. Specifically, PMI received 93% for water productivity, which is the sixth highest score in the overall global rankings, and a commendable 80.5% for carbon productivity.
Following the announcement of the results, Antonio Marques, PMI’s Senior Vice President, Operations, said, “PMI has made a strong commitment to environmental sustainability through our focus on reduction of CO2 emissions, recycling, reducing our water use, and promoting good agricultural practices. Being ranked in the top ten percent of companies globally for our efforts shows that we are on the right track, and we’re committed to continued improvement in our operations and reduction of our environmental footprint from the top to the bottom of our supply chain.”
Newsweek magazine publishes its Green Rankings after an annual evaluation of the largest U.S. and global publicly-traded companies’ performance in the area of corporate responsibility and environmental impact using publicly available data. Corporate Knights Capital , Newsweek’s research partner, assessed companies against their industry peers on the basis of eight environmental indicators which include: energy, carbon, water and waste productivity, reputation, sustainability pay links, the existence of a sustainability committee, and third-party audit of environmental data.
To access the full Newsweek Green Rankings results, click here .
For more information about PMI’s sustainability efforts, please visit our dedicated page.
Learn more about the methodology used to compile the Newsweek Green Ranking here.