Philip Morris International Inc 2024 SR
The report highlights Philip Morris International's (PMI) progress in its business transformation, noting that smoke-free products accounted for 38.7% of total net revenues in 2024. The company reached approximately 38.6 million smoke-free product users, including 32.2 million IQOS users, across 95 markets. In terms of operational impact, PMI achieved a 39% reduction in absolute Scope 1 and 2 greenhouse gas emissions compared to a 2019 baseline and a 15% reduction across the entire value chain. The report also details efforts to improve the quality of life in the supply chain, with 99% of contracted tobacco farmers earning a living income. Furthermore, PMI continues to focus on its 2025 Roadmap, emphasizing product health impact, carbon neutrality in operations, and the phase-out of cigarettes.
Company: Philip Morris International Inc
Sector: Consumer Staples
Country: Switzerland
Year: 2024
Type: SR
Pages: 60
Philip Morris International Inc
Sustainability Strategy And Performance Highlights
The report highlights Philip Morris International's (PMI) progress in its business transformation, noting that smoke-free products accounted for 38.7% of total net revenues in 2024. The company reached approximately 38.6 million smoke-free product users, including 32.2 million IQOS users, across 95 markets. In terms of operational impact, PMI achieved a 39% reduction in absolute Scope 1 and 2 greenhouse gas emissions compared to a 2019 baseline and a 15% reduction across the entire value chain. The report also details efforts to improve the quality of life in the supply chain, with 99% of contracted tobacco farmers earning a living income. Furthermore, PMI continues to focus on its 2025 Roadmap, emphasizing product health impact, carbon neutrality in operations, and the phase-out of cigarettes.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 1, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
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Materiality Assessment
Assurance
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ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees