Philip Morris International Inc

Common Name
Philip Morris International
Country
United States
Sector
Consumer Defensive
Industry
Tobacco
Employees
83,100
Ticker
PM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Philip Morris International Inc. is a leading global tobacco company primarily engaged in the manufacture and sale of cigarettes and other nicotine-containing products. Known for owning some of the wo...

Philip Morris International's Climate Target Data Preview

As of 2024, Philip Morris International has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 8 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Philip Morris International ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilogram (kg) of Tobacco Processed/Derived
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2025
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Philip Morris International's Greenhouse Gas Emissions Pathways

As of 2024, Philip Morris International has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Philip Morris International have a target to reduce the emissions from its operations?

As of 2024, Philip Morris International has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Philip Morris International's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 588,756 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Philip Morris International is ahead of schedule on its operational emissions reduction target, having achieved 78.68% of the planned reduction.

Philip Morris International's Operational (Scope 1+2) Emissions Pathway

2019202420300150 k300 k450 k600 kBaselineCurrent (-39%)

Does Philip Morris International have a target to reduce the emissions from its value chain?

As of 2024, Philip Morris International has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Philip Morris International's most ambitious value chain target is to reduce these emissions by 72% by 2040, compared to a baseline of 1,560,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Philip Morris International is on track to meet its value chain emissions reduction target, having achieved 24.83% of the planned reduction.

Philip Morris International's Value Chain (Scope 3) Emissions Pathway

201920242025203020400400 k800 k1.2 M1.6 MBaselineCurrent (-18%)Target 2030 (-33%)Target 2040 (-72%)

Does Philip Morris International have a target to reduce its total carbon footprint?

As of 2024, Philip Morris International has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Philip Morris International's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 5,589,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2040.

As of 2024, Philip Morris International is lagging behind on its total carbon footprint reduction target, having achieved 16.72% of the planned reduction.

Philip Morris International's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024204001.5 M3 M4.5 M6 MBaselineCurrent (-15%)Target 2040 (-90%)
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