Consolidated list of sustainability forward-looking aspirations
Our aspirations at a glance
The sustainability aspirations on this page are explained in the relevant sections of our Integrated Report 2024 and in additional communications available on our website. Please also refer to the Glossary on pages 200-204.
Aspirations, 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 available on page 206 of our Integrated Report 2024.
Product impact
1 For definition of available for sale, see Glossary on pages 200-204 of PMI’s Integrated Report 2024.
2 Excluding PMI Global Travel Retail. World Bank report issued in 2021 is used on a comparative basis for income level classification. For definition of low- and middle-income markets, see Glossary on pages 200-204 of PMI’s Integrated Report 2024.
3 Total shipment volume includes cigarettes, other tobacco products (OTPs), and smoke-free product consumables. See PMI’s Sustainability KPI Protocol 2024 for further details.
1 For definition of net revenues related to smoke-free, see Glossary on pages 200-204 of PMI’s Integrated Report 2024.
Notes: Aspirations referring to smoke-free electronic devices exclude disposable products and non-PMI-designed devices.
1 Collected devices are considered covered by the CIRCLE program if they are either processed at our centralized CIRCLE hubs or by validated local recycling partners.
2 Recycling rate is the percentage of the weight of material
being recycled at all validated facilities, excluding thermal recycling, i.e., energy recovery by incineration.
Operational impact
1 We measured perception of psychological well-being on a five-point scale from very bad to very good through our ongoing company-wide employee survey.
* Aspiration does not cover Swedish Match.
1 Scope is limited to farmers who provide accommodation to workers (approximately 3 percent of the total farmer base in 2024).
* Aspiration does not cover Swedish Match.
* Aspiration does not cover Swedish Match.
1 Aspiration pertains to priority manufacturing facilities identified based on site overall risk in relation to the watershed, water withdrawal, water consumption, product portfolio, and other strategic considerations. PMI sites that are in
low- to medium water risk areas and below 2.5% of PMI manufacturing water footprint are excluded.
2 Virtually zero waste to landfill is achieved when the landfill diversion rate is equivalent to 99 percent or greater. This aspiration
covers our manufacturing site and PMI owned tobacco stemmeries.
Fundamentals
1 Our assessments prioritize countries which are assessed as highest risks from a human rights standpoint. They are determined based on key parameters such as PMI’s footprint and the country’s human rights risk profile, as determined by internationally recognized organizations. For further details please see PMI’s Sustainability KPI Protocol.
* Aspiration does not cover Swedish Match.
This online content about our Integrated Report should be read in conjunction with PMI’s Integrated Report 2024. 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 2024 or reflect the status as of December 31, 2024. 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 and healthcare business, 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 "This report at a glance" on page 2 of the PMI’s Integrated Report 2024 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 206. In PMI’s Integrated Report 2024 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.
