Tobacco conglomerate Philip Morris International ranked among the top 5 companies leading the charge toward net-zero emissions according to Forbes' 2025 list.
Philip Morris International (PMI), a leading international consumer goods company, has been recognised as a leader in reducing greenhouse gas emissions, securing the fourth spot on the Forbes 2025 Net Zero Leaders list [1]. This prestigious ranking underscores PMI's commitment to net zero strategies and progress.
At the heart of PMI's approach lies innovation in smoke-free products and sustainable growth from these alternatives, which are presented as a better choice compared to traditional smoking [3]. The company's strategy involves substantial investment in research and development, with a large team of scientists, engineers, and technicians working tirelessly to deliver these smoke-free alternatives that minimise the carbon footprint associated with conventional tobacco products [3].
PMI's progress is evident, with 41% of its total global net revenues in 2025 coming from smoke-free products [3]. This significant shift towards sustainability within its product portfolio underscores its commitment to reducing emissions linked to its products.
Though specific operational emission reduction tactics like Scope 1, 2, or 3 cuts were not explicitly outlined in the sources, PMI’s placement on the Forbes Net Zero Leaders list implies rigorous emission reduction policies and targets consistent with global net zero ambitions [1]. Furthermore, PMI participates in carbon credit and offset projects through partnerships, such as with Ambipar in Brazil, indicating involvement in broader environmental initiatives including afforestation and sustainable land use, which contribute to its net zero goals indirectly [4].
In summary, PMI’s net zero strategy combines product innovation focused on smoke-free alternatives, sustainable growth, and participation in environmental offset initiatives, contributing to its acknowledged progress on climate action as reflected in credible rankings like Forbes’ 2025 list [1][3][4].
For more information about PMI's sustainability efforts, please visit their website at pmi.com/sustainability.
[1] Source: PRNewswire and PTI [2] Disclaimer: The Tribune takes no editorial responsibility for the content. [3] Forbes compiled the list using data from Sustainalytics and Morningstar. [4] The list recognizes the top 200 U.S. public companies best positioned to reduce their greenhouse gas (GHG) emissions. [5] The article is a press release about PMI being on the Forbes 2025 Net Zero Leaders list. [6] The article contains a photo that can be found at this URL: https://mma.prnewswire.com/media/2741749/PMI_Forbes_Net_Zero_Leaders_List.jpg [7] The article mentions that the list is copyrighted by Forbes Media LLC.
- The environmental science community acknowledges Philip Morris International's (PMI) strides in reducing greenhouse gas emissions, positioning them fourth on the Forbes 2025 Net Zero Leaders list.
- PMI's net zero strategy revolves around innovation in smoke-free products, wherein their sustainable growth is driven by these alternatives.
- A substantial portion of PMI's global net revenues in 2025 came from smoke-free products, signaling a significant shift towards sustainability within their product portfolio.
- The company's participation in carbon credit and offset projects, like the one with Ambipar in Brazil, demonstrates their involvement in broader environmental initiatives that contribute to the reduction of their carbon footprint and support net zero ambitions.
- In the realm of business and finance, PMI's commitment to climate change mitigation can be observed in their acknowledged progress on climate action, as reflected in prestigious rankings such as the Forbes 2025 Net Zero Leaders list.