Purpose‑aligned and grounded in the results of our Sustainability Materiality Assessment (SMA), our new strategy for 2030 and beyond sets the direction for the next phase of our sustainable growth journey.
Building on the progress made over the past decade and the insights gained through our SMA, our new strategy defines how we will continue shaping a business model fundamentally oriented toward reducing harm while creating value.
Our Value Plan 2030+ translates this understanding into measurable and strategic targets across six priorities: Consumers, circularity, our workforce, workers in our value chain, climate, and nature.
This plan identifies where our actions intersect most significantly with business imperatives, ensuring our initiatives drive tangible outcomes across various forms of capital.
Further detail on how each priority is addressed can be found in the introductory sections of the corresponding chapters of the Value Report.
This online content about our Value Report should be read in conjunction with PMI’s Value Report 2025. This report includes metrics that are subject to uncertainties due to inherent limitations in the nature and methods for data collection and measurement. The precision of different collection and measurement techniques may also vary. This report includes data or information obtained from external sources or third parties. Unless otherwise indicated, the data contained herein cover our operations worldwide for the full calendar year 2025 or reflect the status as of December 31, 2025. Where not specified, data comes from PMI financials, nonfinancials, or estimates.
Unless explicitly stated, the data, information, and aspirations in this report do not incorporate PMI’s Wellness unit, Aspeya. Regarding the Swedish Match acquisition, completed late 2022, unless otherwise indicated, this report includes information pertaining to its sustainability performance. Please also refer to "About this report" on page 3 of the PMI’s Value Report 2025 for more information. Aspirational targets and goals do not constitute financial projections, and achievement of future results is subject to risks, uncertainties and inaccurate assumptions, as outlined in our forward-looking and cautionary statements on page 142. In PMI’s Value Report 2025 and in related communications, the terms “materiality,” “material,” and similar terms are defined in the referenced sustainability standards and are not meant to correspond to the concept of materiality under the U.S. securities laws and/or disclosures required by the U.S. Securities and Exchange Commission.
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