Climate change is one of the biggest threats the world is facing. It not only impacts the environment, but also people’s livelihoods. Urgent action is needed to tackle this crisis. As a major multinational corporation with thousands of stakeholders round the world, we are increasing the pace of our initiatives and are bringing forward target dates for carbon neutrality
PMI’s Low-Carbon Transition Plan (LCTP) showcases the company’s ambitious new sustainability targets—and sets the scene for how it will operate in future. The LCTP links these considerable ambitions to the company’s overarching purpose of achieving its vision of a smoke-free future—one in which cigarettes no longer exist—while seeking a net positive impact on society.
Achievement of carbon neutrality of PMI’s direct operations (scope 1+2) by 2025
Achievement of net-zero emissions of PMI’s value chain (scope 1+2+3) by 2040
PMI's critical suppliers to adopt science-based targets (SBTs) in line with PMI's own, aligned with the 1.5°C pathway necessary to meet the goals of the Paris Agreement
A closer look at PMI's strategy to decarbonize its value chain
Our Low-Carbon Transition Plan provides technical details on how we plan to significantly reduce our value chain greenhouse gasses emissions, especially CO2, to achieve our climate ambitions.
Read more about our strategy below, or take a look at our progress to date and future plans on Reuters Plus.