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 GHG Emissions Data Preview

In 2024, Philip Morris International completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Philip Morris International has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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b
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Philip Morris International’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Philip Morris International’s data sources below and access millions more through our Disclosure Search.

a. Philip Morris International's Integrated Report 2024
a. Philip Morris International's Integrated Report 2024
b. Philip Morris International's CDP Report sourced from company’s website 2024
b. Philip Morris International's CDP Report sourced from company’s website 2024
c. Philip Morris International's ESG Report 2020
c. Philip Morris International's ESG Report 2020

Insights into Philip Morris International's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Philip Morris International amounted to 357,135 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Philip Morris International decreased by 49.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Philip Morris International's Scope 1 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e0%-18%-4%-3%-1%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Philip Morris International's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Philip Morris International were 288,574 metric tons of CO₂ equivalent (tCO₂e). a

Has Philip Morris International reduced its Scope 1 emissions over time?

Since 2018, Philip Morris International's Scope 1 emissions have decreased by 29.26%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Philip Morris International's Scope 1 emissions decreased by 5.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Philip Morris International's Scope 2 emissions?

In 2024, Philip Morris International reported Scope 2 greenhouse gas (GHG) emissions of 68,561 tCO₂e without specifying the calculation method. a

Has Philip Morris International reduced its Scope 2 emissions over time?

Since 2018, Philip Morris International's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 60.79%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

What methodology does Philip Morris International use for Scope 2 reporting?

In 2024, Philip Morris International reported its Scope 2 emissions using an unspecified methodology. a

Philip Morris International's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Philip Morris International's Value Chain Emissions

In 2024, Philip Morris International reported 4,391,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Philip Morris International includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 11 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Philip Morris International's Scope 3 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e+6%-18%-2%+12%-4%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Philip Morris International's Scope 3 emissions?

In 2024, Philip Morris International reported total Scope 3 emissions of 4,391,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Philip Morris International reduced its Scope 3 emissions over time?

Since 2018, Philip Morris International's Scope 3 emissions have remained relatively stable, indicating that Philip Morris International 's emissions have plateaued with no significant change in its value chain footprint. a c

Compared to the previous year (2023), Philip Morris International's Scope 3 emissions remained relatively stable, indicating that Philip Morris International 's emissions have plateaued with no significant change in its value chain footprint. a b

Insights into Philip Morris International’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Philip Morris International reported Scope 1 greenhouse gas (GHG) emissions of 288,574 tCO₂e and total revenues of USD 37,878 millions. This translates into an emissions intensity of 7.62 tCO₂e per millions USD. a

Philip Morris International's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1001,00020,000200,0002,000,000Revenues (Millions of USD)UniversalYear: 2024Scope 1: 108,983 tCO2eRevenue: $M 2,749Scope 1 Intensity: 39.65 tCO2e/$MUS Foods HoldingYear: 2024Scope 1: 548,837 tCO2eRevenue: $M 37,877Scope 1 Intensity: 14.49 tCO2e/$MDollar TreeYear: 2023Scope 1: 380,687 tCO2eRevenue: $M 30,604Scope 1 Intensity: 12.44 tCO2e/$MProcter & GambleYear: 2024Scope 1: 1,987,038 tCO2eRevenue: $M 84,039Scope 1 Intensity: 23.64 tCO2e/$MSyscoYear: 2022Scope 1: 1,064,620 tCO2eRevenue: $M 68,636Scope 1 Intensity: 15.51 tCO2e/$MPerformance Food GroupYear: 2024Scope 1: 870,498 tCO2eRevenue: $M 58,281Scope 1 Intensity: 14.94 tCO2e/$MPepsiCoYear: 2024Scope 1: 3,295,259 tCO2eRevenue: $M 91,854Scope 1 Intensity: 35.88 tCO2e/$MAlbertsons CompaniesYear: 2023Scope 1: 2,651,176 tCO2eRevenue: $M 77,650Scope 1 Intensity: 34.14 tCO2e/$MEstee Lauder CompaniesYear: 2024Scope 1: 36,600 tCO2eRevenue: $M 15,608Scope 1 Intensity: 2.35 tCO2e/$MJ&J Snack FoodsYear: 2024Scope 1: 21,562 tCO2eRevenue: $M 1,575Scope 1 Intensity: 13.69 tCO2e/$MTargetYear: 2023Scope 1: 818,148 tCO2eRevenue: $M 107,412Scope 1 Intensity: 7.62 tCO2e/$MKeurig Dr PepperYear: 2023Scope 1: 286,787 tCO2eRevenue: $M 14,814Scope 1 Intensity: 19.36 tCO2e/$MKenvueYear: 2024Scope 1: 56,538 tCO2eRevenue: $M 15,455Scope 1 Intensity: 3.66 tCO2e/$MAltria GroupYear: 2023Scope 1: 118,646 tCO2eRevenue: $M 20,502Scope 1 Intensity: 5.79 tCO2e/$MUnited Natural FoodsYear: 2022Scope 1: 368,909 tCO2eRevenue: $M 28,928Scope 1 Intensity: 12.75 tCO2e/$MTurning Point BrandsYear: 2020Scope 1: 1,981 tCO2eRevenue: $M 405Scope 1 Intensity: 4.89 tCO2e/$MTreeHouse FoodsYear: 2023Scope 1: 125,035 tCO2eRevenue: $M 3,432Scope 1 Intensity: 36.44 tCO2e/$MGeneral MillsYear: 2024Scope 1: 307,700 tCO2eRevenue: $M 19,857Scope 1 Intensity: 15.50 tCO2e/$MMondelez InternationalYear: 2024Scope 1: 875,000 tCO2eRevenue: $M 36,441Scope 1 Intensity: 24.01 tCO2e/$MCoca-ColaYear: 2024Scope 1: 474,413 tCO2eRevenue: $M 47,061Scope 1 Intensity: 10.08 tCO2e/$MWalmartYear: 2023Scope 1: 8,110,000 tCO2eRevenue: $M 648,126Scope 1 Intensity: 12.51 tCO2e/$MConagra BrandsYear: 2023Scope 1: 392,471 tCO2eRevenue: $M 12,277Scope 1 Intensity: 31.97 tCO2e/$MDollar GeneralYear: 2024Scope 1: 692,872 tCO2eRevenue: $M 40,612Scope 1 Intensity: 17.06 tCO2e/$MArcher-Daniels-Midland CoYear: 2024Scope 1: 12,300,000 tCO2eRevenue: $M 85,530Scope 1 Intensity: 143.81 tCO2e/$MPhilip Morris InternationalYear: 2024Scope 1: 288,574 tCO2eRevenue: $M 37,878Scope 1 Intensity: 7.62 tCO2e/$M

How does Philip Morris International's GHG emissions intensity compare to its peers?

In 2024, Philip Morris International reported a Scope 1 emissions intensity of 7.62 tCO₂e per millions USD. Compared to the peer group median of 15.22 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Philip Morris International rank on GHG emissions intensity within its industry?

In 2024, Philip Morris International ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Philip Morris International is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Philip Morris International's Total Carbon Footprint

In 2024, Philip Morris International reported a total carbon footprint of 4,748,135 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.88% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Philip Morris International's total carbon footprint was Scope 3 emissions, accounting for 92.48% of the company's total carbon footprint, followed by Scope 1 emissions at 6.08%. a

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