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February 4, 2020
Philip Morris International Recognized by CDP as a Global Leader in Sustainable Action
Leading International Nonprofit Places PMI on Its Water Security A List and Supplier Engagement Leaderboard, and Accords the Company an A- for Forest
Last month, PMI also ranked—for the sixth year in a row—on CDP’s A List for climate change, recognizing PMI’s work to reduce its environmental impacts, end to end, in the midst of its historic transformation toward a smoke-free future. The company has been recognized for its actions and strategies to reduce emissions and manage climate risks in its supply chain in the past reporting year. PMI’s sustainable commitments have also been documented as part of the 50 Sustainability and Climate Leaders initiative.
“Being recognized by CDP for our sustainability efforts is both humbling and encouraging as we continue our transformation,” said Huub Savelkouls, PMI’s Chief Sustainability Officer. “Our work toward achieving a smoke-free future isn’t just about transforming our product, it’s also about completely transforming the value chain and keeping sustainability at the heart of everything we do. We intend to accelerate our efforts for even greater impact.”
PMI’s water strategy accounts for the risks it faces—including from natural disasters, water scarcity and agricultural supply chain instability—and drives action toward responsible use of water as a shared resource, taking into consideration the needs of local communities. As PMI increases its manufacturing capacity for smoke-free products—which requires more water than for cigarettes—the company is evolving its water strategy, with clean technology investments enabling water savings and water recycling. One example of this is PMI’s implementation of the
In addressing the A List companies,
This year also marks the third consecutive year CDP has recognized PMI as a leader in supplier engagement. With more than 36,000 contracted suppliers, PMI’s total supply chain has a significant environmental, social and economic footprint that calls for comprehensive programs to address risks and achieve improvements. These programs have earned the company the distinction of being among the top 3 percent of organizations assessed by CDP, with PMI now included among the fewer than 160 companies on the Leaderboard.
With regard to combating deforestation, PMI has developed a zero deforestation manifesto and aims to have a net positive impact on forests associated with its tobacco supply chain by 2025. Additionally, as part of PMI’s Good Agricultural Practices, the company’s tobacco suppliers are expected to prevent biodiversity loss.
“Our commitment to a smoke-free future has enabled us to make significant strides in our transformation into a more sustainable company,” said
A global environmental impact nonprofit, CDP provides a framework of action through which companies can measure and manage environmental risks and opportunities, transparently report on progress and commit to corporate sustainability initiatives. The full methodology and criteria for the Climate Change, Water Security, and Forest evaluations are available here on CDP’s website.
Additional information about PMI’s sustainability actions and commitments are available in the company’s annual Sustainability Report and on PMI.com/Sustainability.
CDP is a global nonprofit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of
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