Philip Morris Tops Forbes' Net Zero Leaders for 2024

Philip Morris International (PMI) has achieved the top rank in Forbes' 2024 Net Zero Leaders ranking, showcasing its commitment to reducing greenhouse gas emissions. The recognition accentuates PMI's sustainability initiatives and strategies aimed at a smoke-free future while addressing climate-related risks and opportunities.

Philip Morris International Inc. (PMI) has clinched the top spot in Forbes' 2024 Net Zero Leaders ranking, a list spotlighting the 100 U.S. public companies leading efforts to reduce greenhouse gas emissions. Companies were evaluated based on data from Sustainalytics and Morningstar, as well as their management structures, decarbonization strategies, and financial resilience amidst industry competition.

"As we transform toward a smoke-free future, leading in decarbonization is paramount," said Jacek Olczak, CEO of PMI. Recognized as the highest-ranked company in this domain, PMI aims to reduce GHG emissions across its value chain by targeting scope 1, 2, and 3 emissions by 2040.

PMI's strategy, as highlighted by Chief Sustainability Officer Jennifer Motles, intertwines sustainability with innovation and long-term growth. Their efforts have garnered multiple recognitions, including a spot in CDP's Supplier Engagement Leader Board and a Triple A rating for environmental transparency for the fourth consecutive year.

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