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Philip Morris International Inc

Common Name
Philip Morris International
Country
United States
Sector
Consumer Defensive
Industry
Tobacco
Employees
84,900
Ticker
PM
Exchange
New York Stock Exchange
Description
Philip Morris International Inc. is a tobacco company with products sold in over 180 countries. The company operates through a diverse portfolio of brands, including Marlboro, its most recognized ciga...

Philip Morris International's Climate Target Data Preview

As of 2025, 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, 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)
-35%a
2025
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-18%a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-50%a
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)
-50%a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-33%a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-28%a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2040
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-72%a
2040
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilogram (kg) of Tobacco Processed/Derived
-75%a
2025
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Philip Morris International’s Climate Targets Data

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a. Philip Morris International's Integrated Report 2025

Insights into Philip Morris International's Greenhouse Gas Emissions Pathways

As of 2025, 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.a

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

As of 2025, Philip Morris International has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Philip Morris International's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 594,261 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2025, Philip Morris International is ahead of schedule on its operational emissions reduction target, having achieved 91.48% of the planned reduction.a

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

2019202520300150 k300 k450 k600 kBaselineCurrent (-46%)

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

As of 2025, 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.a

Philip Morris International's most ambitious value chain target is to reduce these emissions by 72% by 2040, compared to a baseline of 1,644,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2025, Philip Morris International is ahead of schedule on its value chain emissions reduction target, having achieved 43.51% of the planned reduction.a

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

20192025203020400450 k900 k1.35 M1.8 MBaselineCurrent (-31%)Target 2025 (-18%)Target 2040 (-72%)

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

As of 2025, Philip Morris International has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a

Philip Morris International's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 4,060,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2040.a

As of 2025, Philip Morris International is lagging behind on its total carbon footprint reduction target, having achieved 11.74% of the planned reduction.a

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

20192025204001.5 M3 M4.5 M6 MBaselineCurrent (-11%)Target 2040 (-90%)
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