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ISLAMABAD: Philip Morris International Inc (PMI) on Tuesday was recognised as a global leader in its action on climate change.
The company, for the third year in a row, was on the CDP’s ‘Climate A List’ for taking comprehensive action to reduce greenhouse gas emissions and mitigate climate change, and for its transparent disclosure process.
The CDP, formerly known as ‘The Carbon Disclosure Project’, was the leading international non-profit organisation assessing the work of companies worldwide in the area of climate change.
Thousands of businesses submit annual climate disclosures to CDP for independent assessment against its scoring methodology. PMI’s ranking places the company, among the top 9 percent of corporations, known as “A listers”. The CDP’s climate change benchmark report is produced on the request of 827 investors with assets of $100 trillion.
While commenting on the results, Andy Harrop, PMI’s Head of Environmental Sustainability said, “We are very pleased to be included on the CDP A list again, and remain dedicated to playing our part in limiting global warming. Building on the reduction of 200,000 tonnes of CO2 since 2010 across our operations, and our continued action to promote sustainable tobacco production and environmental improvements across our value chain, next year we will announce a suite of new targets based directly on climate science.”
“PMI encourages strong action on climate change and supported an ambitious outcome to COP21 in Paris last December. With the Paris Agreement now entering into force, we look forward to working with others in facing the challenges and opportunities of climate change mitigation and adaptation”, he added.
