Philip Morris International Inc (PMI) has been ranked fourth on the Forbes 2025 Net Zero Leaders list, marking the 3rd consecutive year the company has earned this recognition. Forbes evaluated companies using data from Sustainalytics and Morningstar to assess progress toward a net-zero future.
Jennifer Motles, Chief Sustainability Officer at PMI, said, “Our sustainability strategy is deeply integrated with our business transformation. It drives innovation, operational resilience, and long-term value. Initiatives such as renewable energy investments and supply chain optimisation are guided by transparency and data, reinforcing both environmental performance and competitiveness.”
Philip Morris (Pakistan) Limited (PMPKL), an affiliate of PMI, also prioritises sustainability in its local operations. Ali Takesh, CEO of PMPKL, stated, “Our climate strategy addresses climate-related risks while building resilience. We are committed to reducing our carbon footprint and advancing sustainability efforts across Pakistan.”
PMPKL has made notable strides in environmental sustainability. In 2024, its Sahiwal factory met 15 percent of annual energy demand through renewable sources. Meanwhile, the Green Leaf Threshing Plant transitioned from furnace oil to LPG, cutting 824,200 kg of CO2 emissions—a 58 percent reduction compared to the 2019 baseline. Since 2020, all fuelwood used by contracted farmers for tobacco curing comes from 100 percent sustainable sources.
With these initiatives, PMI has achieved recognition on the Forbes Net Zero Leaders list for the 3rd consecutive year, demonstrating its ongoing commitment to reducing environmental impact. The company aims to maintain momentum and further embed sustainability across its global and local operations.
Analysts note that being recognised for the 3rd consecutive year underscores PMI’s leadership in sustainability and sets a benchmark for other companies pursuing long-term environmental and operational resilience.
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