Setting ambitions and targets
Progress requires clearly articulated targets and accountability for meeting them. Measuring and reporting on progress is a backward-looking exercise. To evaluate the effectiveness of our approach to sustainability and give clarity to both internal and external stakeholders, setting clear targets is paramount. It allows us to define our direction, align on definitions and measurements of success, and hold ourselves accountable for progress.
Our 2025 Roadmap
Our Roadmap outlines our key goals and informs the route of our company’s long-term plan. Running to the end of 2025, it comprises 11 headline goals, each connected to our eight strategies, which aim to address our priority ESG topics identified by our sustainability materiality assessment.
Our Roadmap offers straightforward direction to our stakeholders by clearly outlining the social and environmental impacts we aim to achieve with these strategies, in relation to both our products and our business operations.
We believe business can and must help to achieve the Sustainable Development Goals (SDGs) adopted by the United Nations’ member states in 2015.
Accordingly, we explicitly link each of our eight priority areas of action to the SDG(s) to which they align. We identified the SDGs on which we believe we can have a real and lasting impact (read more about our SDG mapping in our 2021 Sustainability Materiality Report. Our SDG Index maps the actions and ambitions described throughout this report with the relevant SDGs and their respective targets.
While most goals are not new, they are formulated more clearly. This revamped guide offers straightforward direction to our stakeholders by clearly outlining the social and environmental impacts we aim to achieve with both our products and our business
operations.
Sustainability Index
Progress on our Roadmap is measured with a set of key performance indicators (KPIs) that collectively form our Sustainability Index. To link each goal to specific outcomes and impacts, we developed KPIs that precisely articulate how to measure progress and define success. These 19 KPIs constitute our Sustainability Index. Covering the full spectrum of our sustainability priorities, the Index will allow PMI and our stakeholders to track the company’s progress toward its goals year-over-year.
Our ESG KPI Protocol 2021, published alongside our Integrated Report 2021, provides details
about the PMI Sustainability Index. In conjunction with the current Integrated Report, we are also publishing PMI's ESG KPI Protocol 2022, detailing the definition, scope, and methodology of each KPI included in the index. This updated version accounts for efforts undertaken during the year to make these KPIs even more
robust.
