Philip Morris International

Philip Morris International: Carbon Emissions and Climate Commitments

Philip Morris International (PMI), headquartered in the US and operating within the Tobacco products industry, has established significant climate commitments, aiming for net-zero emissions across its value chain by 2040.

Carbon Emissions Data:

The company reports its emissions across Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy), and Scope 3 (all other indirect emissions).

• 2025: PMI reported approximately 4.76 billion kg CO2e in total emissions, with Scope 1 accounting for about 286.45 million kg CO2e, Scope 2 (market-based) at approximately 36 million kg CO2e, and Scope 3 comprising the largest portion at around 4.44 billion kg CO2e.
• 2024: Total emissions were approximately 5.02 billion kg CO2e, with Scope 1 at about 291.81 million kg CO2e, Scope 2 (market-based) at around 62.49 million kg CO2e, and Scope 3 at approximately 4.67 billion kg CO2e.
• 2023: Total emissions were approximately 4.998 billion kg CO2e, with Scope 1 at about 310.46 million kg CO2e, Scope 2 (market-based) at roughly 50 million kg CO2e, and Scope 3 at around 4.64 billion kg CO2e.
• 2022: Total emissions stood at approximately 5.051 billion kg CO2e, with Scope 1 at about 310.03 million kg CO2e, Scope 2 at roughly 62.80 million kg CO2e, and Scope 3 at around 4.68 billion kg CO2e.
• 2021: Total emissions were approximately 4.433 billion kg CO2e. This included Scope 1 at about 319.37 million kg CO2e, Scope 2 at around 88.58 million kg CO2e (market-based), and a substantial Scope 3 contribution of approximately 10.41 billion kg CO2e.
• 2020: Scope 1 emissions were approximately 331.94 million kg CO2e, and Scope 2 (market-based) emissions were about 112.33 million kg CO2e. Scope 3 emissions were approximately 3.66 billion kg CO2e.
• 2019: Total emissions were approximately 5.704 billion kg CO2e, with Scope 1 at about 411.98 million kg CO2e, Scope 2 (market-based) at around 182.28 million kg CO2e, and Scope 3 at approximately 5.11 billion kg CO2e.

Climate Commitments and Reduction Targets:

PMI has set ambitious targets to reduce its greenhouse gas (GHG) emissions, aligned with the Science Based Targets initiative (SBTi):

• Net-Zero by 2040: PMI is committed to achieving net-zero GHG emissions across its entire value chain (Scopes 1, 2, and 3) by 2040. This commitment is validated by the SBTi and aligns with a 1.5°C warming scenario.
• Absolute Emissions Reduction:
  • A target of a 50% reduction in absolute Scope 1 and 2 GHG emissions by 2030, against a 2019 baseline.
  • A commitment to a 50% reduction in absolute Scope 3 GHG emissions by 2030, against the same 2019 baseline.
  • Specific Scope 3 targets include a 33.3% reduction in Scope 3 FLAG (Forest, Land, and Agriculture) GHG emissions by 2030.
• Progress: As of year-end 2022, PMI reported a 39% absolute GHG emission reduction against its 2019 baseline, indicating it is well on track to meet its 2030 SBTi target.
• Carbon Neutrality: PMI also aims to achieve carbon neutrality in its direct operations (Scopes 1 and 2) by 2025, with a long-term ambition of reaching net-zero across its value chain by 2040.

These commitments demonstrate PMI's dedication to addressing climate change and reducing its environmental footprint throughout its operations and supply chain.