PMI Sets Carbon Neutrality Target for All of Its Factories By 2030
October 10 2019 - 04:44AM
Business Wire
As PMI Raises
the Bar to Mitigate Climate Change, Its Factory in Klaipeda,
Lithuania, Achieves a Zero Net Carbon Footprint
Philip Morris International Inc. (PMI) (NYSE: PM) today
announced its aim that all its factories become carbon neutral by
2030. The announcement comes as PMI celebrates its factory in
Klaipeda, Lithuania, as its first carbon neutral manufacturing
facility.
“A clear message emerged from last month’s Climate Week NYC, run
in coordination with the UN General Assembly: Now is the time to
act against climate change,” said Huub Savelkouls, PMI’s Chief
Sustainability Officer. “We share the ambition of limiting global
temperature rise to 1.5 degrees Celsius. This requires setting
challenging targets, taking action to achieve them and
transparently reporting on progress and gaps. This is what our
employees, our consumers and our shareholders expect from us. Today
is important for PMI, as we celebrate our first step toward carbon
neutrality in all our factories by 2030.”
At its factory in Klaipeda, Lithuania, PMI has implemented
multiple projects over the past 10 years to optimize its energy
usage and reduce carbon emissions. This has included upgrading
utilities equipment, such as chillers and compressors, and
facilitating heat recovery to optimize fuel use for heating
purposes; installing a biomass boiler; procuring certified
renewable electricity and offsetting natural gas carbon emissions
with biogas certificates. To offset the remaining carbon emissions,
PMI invested in Gold Standard certificates from climate protection
initiatives. These initiatives support more than 9,000 families in
India by promoting domestic biogas production to replace kerosene
and firewood as cooking fuels, contributing to a reduction in
greenhouse gas emissions and deforestation.
“Reducing the environmental footprint of our operations is a
priority for PMI,” said Massimo Andolina, PMI’s Senior Vice
President Operations. “I am extremely proud of our first important
milestone in Klaipeda, testament to our commitment to make all PMI
manufacturing operations carbon neutral by 2030. We are focused on,
committed to and motivated by this objective, and we will achieve
it thanks to the passion of all our people, to the ongoing efforts
to reduce our energy needs and conserve energy inside our
factories, and also thanks to a number of focused investments aimed
at making all our operations environmentally sound and sustainable
for the future.”
PMI is also actively pursuing initiatives to address the
pressing climate challenge beyond its operations. For example, it
is working with farmers and suppliers across its tobacco supply
chain to lower the greenhouse gas emissions in the tobacco curing
process by 70 percent by 2020 (vs. 2010) and to achieve zero net
deforestation of natural forest by 2025.
In 2019—for the fifth consecutive year—PMI achieved the top
score (Climate A-List) from CDP, the global disclosure system that
enables organizations to measure and manage greenhouse gas
emissions and other impacts. As one of its environmental
commitments, PMI has set and committed to science-based
targets—greenhouse gas emissions levels that science acknowledges
as tolerable for the planet—and to go beyond these in its
operations by aiming for carbon neutrality by 2030.
About Sustainability at PMI
For Philip Morris International (PMI), sustainability is about
replacing cigarettes with better alternatives, addressing
sustainability challenges across its value chain and seizing
opportunities to add value to society. It is an integral part of
the company’s business strategy. PMI takes decisive actions in
areas where its work can have the greatest impact, from the more
than 350,000 farmers from which it sources tobacco right up to the
approximately 150 million consumers of PMI products. To learn more,
visit www.pmi.com/sustainability.
Philip Morris International: Delivering a Smoke-Free
Future
Philip Morris International (PMI) is leading a transformation in
the tobacco industry to create a smoke-free future and ultimately
replace cigarettes with smoke-free products to the benefit of
adults who would otherwise continue to smoke, society, the company
and its shareholders. PMI is a leading international tobacco
company engaged in the manufacture and sale of cigarettes,
smoke-free products and associated electronic devices and
accessories, and other nicotine-containing products in markets
outside the U.S. PMI is building a future on a new category of
smoke-free products that, while not risk free, are a much better
choice than continuing to smoke. Through multidisciplinary
capabilities in product development, state-of-the-art facilities
and scientific substantiation, PMI aims to ensure that its
smoke-free products meet adult consumer preferences and rigorous
regulatory requirements. PMI’s smoke-free IQOS product portfolio
includes heat-not-burn and nicotine-containing vapor products. As
of June 30, 2019, PMI estimates that approximately 8.0 million
adult smokers around the world have already stopped smoking and
switched to PMI’s heat-not-burn product, available for sale in 48
markets in key cities or nationwide under the IQOS brand. For more
information, please visit www.pmi.com and www.pmiscience.com.
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Marija Sommer Philip Morris International Media Office T. +41
(0)58 242 5502 E. Marija.Sommer@pmi.com
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