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PMI is Awarded an ''A List'' Ranking in CDP''s World Leaders Report on Climate Change Source from: Philip Morris International (ch) 10/16/2014 ![]() A new Global Leaders Report issued today by the leading environmental non-governmental organization, CDP (formerly 'the Carbon Disclosure Project'), awarded Philip Morris International Inc. ("PMI") (NYSE / Euronext Paris: PM) a Band A rating, a Leadership Status for Carbon Performance and a 96% score for Carbon Disclosure based on the company's activities to mitigate climate change in its supply chain in 2013. This is PMI's best score ever in the CDP ratings, and we are the only tobacco company to make the 'A list'. "Environmental sustainability is central to our business strategy. We have established ambitious emission reduction targets and work closely with every participant in our value chain to deliver against these targets. Our excellent results in this year's CDP Leaders Report are an important and welcome recognition of our efforts," said Chief Executive Officer, André Calantzopoulos. PMI is one of only three consumer staples companies to achieve 'Performance Leadership Status' in the 2014 CDP S&P 500 report. For the first time, this year's report also correlates a corporation's environmental rating with their economic performance, using Return on Equity (ROE) as a key metric. PMI scores at the top of the premier quartile of S&P 500 companies in this ranking (see visual, source: CDP S&P 500 report, 2014.) PMI today also announced its decision to support the CDP 'Road to Paris 2015' initiative to receive business community endorsement of long-term carbon emission reduction targets that are scientifically sound and consistent with limiting global warming. Enditem |