PMI releases 2023 Integrated Report

17 May, 2024

KARACHI: Philip Morris International (PMI) has released its fifth annual Integrated Report, which outlines the company’s ongoing work to advance toward its 2025 Roadmap goals, with the primary focus on addressing the health impacts of the company’s products.

The 2023 Integrated Report highlights PMI’s continued expansion of smoke-free alternatives in markets worldwide including Pakistan, as well as social and environmental programs deployed with and in parallel to these products—including the deployment of responsible marketing and sales practices and efforts to reduce post-consumer waste.

Further, PMI reports its progress toward fostering an empowered and inclusive workplace, improving the quality of life of people in its supply chain, decarbonising its operations and value chain, and preserving nature and biodiversity.

“2023 was a year marked by unity, determination, and a continued commitment to our vision of a smoke-free future,” said Jacek Olczak, CEO of Philip Morris International. “As we encounter new challenges, our people’s enduring resilience, exceptional talent, and depth of purpose ensure we are well-equipped to continue our journey—pursuing progress, embracing innovation, and fostering sustainability.”

PMI’s supply chain sustainability efforts include water stewardship certification, aiming to optimize 25 million m3 of water by 2033. In line with this, Philip Morris (Pakistan) Limited (PMPKL) is also committed to sustainability and social responsibility.

The "Laser Land Leveller" project, which entails using laser technology to enhance traditional land levelling, contributes to this goal. We also prioritise employee well-being through various initiatives such as enhanced medical entitlements and one medical plan for all employees. By caring for our employees, minimizing our environmental footprint, and promoting sustainable practices, we strive to create a sustainable future.

“At PMPKL, we believe that openness drives positive transformation, and PMI’s Integrated Report embodies company’s dedication to upholding the highest standards of governance and sustainability,” stated Uroos Ahmed, Head of Communication, at PMPKL. “We are proud to share our triumphs, learnings, and bold ambitions as we strive to create lasting value for our stakeholders and make a meaningful impact on the communities, we operate in.”

Copyright Business Recorder, 2024

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