Philip Morris publishes ESG overview

Philip Morris International has published its first Integrated Report, an overview of the firm’s ESG performance.

The report includes details of the firm’s plan to switch more than 40 million adult smokers to its smoke-free products by 2025, with half of the total to come from non-OECD countries. The report also highlights the company’s most material sustainability topics, including the health impacts of the company’s products and describes how the company is working to reduce the harm caused by tobacco use by replacing combustible products with scientifically substantiated reduced-risk alternatives.