Philip Morris Worldwide took the honorable first place within the Forbes 2024 Internet Zero Leaders rating of the 100 US public firms making probably the most progress in offsetting their greenhouse gasoline emissions. Forbes ranks firms primarily based on their dedication to constructing a net-zero emissions future utilizing information from Sustainalytics and Morningstar. Additionally analyzed is every firm’s administration construction, the way it contributes to danger evaluation, company governance, technique and indicators for reaching the decarbonization targets for scope 1+2+3 emissions, in addition to whether or not the corporate is financially secure sufficient, to face up to competitors and financial shocks.
“In our transformation in the direction of a smoke-free future, we goal to be as sustainable as attainable, together with by main decarbonisation efforts. We’re honored that Forbes awarded us the very best ranking and positioned us first amongst firms on the forefront of efforts to attain web zero emissions”the CEO of Philip Morris Worldwide shared Jacek Olczak.
“Our strategy to sustainable improvement goes past lowering unfavourable influence and limiting dangers. Sustainability is deeply related to our transformation and represents an actual alternative for innovation, progress and long-term worth creation. Our local weather technique goals to handle the dangers of local weather change that matter to us, in addition to construct resilience, whereas seizing the alternatives {that a} low-carbon future presents“, he defined Jennifer MotlesChief Sustainability Officer at Philip Morris Worldwide.
“Thanks to Forbes for recognizing our efforts to struggle local weather change. We stay steadfast in our dedication to speed up progress in the direction of a net-zero emissions future. Decreasing Scope 3 emissions is once more our precedence. We are going to proceed to focus our efforts on lowering greenhouse gasoline emissions throughout our worth chain as we proceed to ship on the SBTi-endorsed goal of reaching web zero emissions for scopes 1+2+3 by 2040.” stated Scott CoutsSenior Vice President of Operations at Philip Morris Worldwide.
The distinguished distinction is additional proof of the excessive appreciation of Philip Morris Worldwide’s achievements and accountability within the subject of sustainable improvement by a rising variety of exterior organizations, resembling:
The corporate is listed on CDP’s Provider Engagement Management Council (Provider Engagement Chief Board) for the seventh consecutive yr (March 2024);
Attaining a CDP triple A ranking for the fourth consecutive yr, which locations Philip Morris Worldwide among the many main firms on the planet by way of transparency and actions associated to environmental safety (February 2024);
Philip Morris Worldwide is among the first firms to implement the framework ready by the Working Group on Nature-Associated Monetary Disclosures (January 2024);
Inclusion within the Dow Jones World Sustainability Index (DJSI) for the primary time and inclusion within the Dow Jones North America Composite Sustainability Index for the fourth consecutive yr (index inclusion efficient December 18, 2023), together with receiving of ‘Prime’ standing within the ISS Company ESG Score (the ISS ESG Score introduced on 21 November 2023);
Endorsement of Forestry, Land Use and Agriculture Emissions Discount Targets (FLAG) by the Science-Based mostly Targets Initiative (SBTi), making Philip Morris Worldwide one of many few firms to obtain such recognition (August 2023)
See all present information from world at this time information
#Philip #Morris #topped #distinctive #Forbes #rating
