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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 288,574a | 305,381.55b | 310,027.74b | |
Total Scope 2 | ||||
Market-Based | N/A | 49,440.84b | 62,802.17b | |
Location-Based | N/A | 398,646.38b | 384,033.26b | |
Unspecified Calculation Method | 68,561a | N/A | N/A | |
Total Scope 3 | 4,391,000a | 4,340,588.4b | 4,507,101.8b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.6185a | 8.682b | 9.761b |
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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.ab
In 2024, the total Scope 1 emissions of Philip Morris International were 288,574 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Philip Morris International's Scope 1 emissions have decreased by 29.04%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
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.ab
In 2024, Philip Morris International reported Scope 2 greenhouse gas (GHG) emissions of 68,561 tCO₂e without specifying the calculation method.a
In 2024, Philip Morris International reported its Scope 2 emissions using an unspecified methodology.a
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
In 2024, Philip Morris International reported total Scope 3 emissions of 4,391,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Philip Morris International's Scope 3 emissions have decreased by 12.18%, reflecting a declining long-term trend in Scope 3 emissions over time.a
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.ab
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
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 8.94, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Philip Morris International ranked 12 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
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.ab
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