Philip Morris International Inc (PMI) operates in all four Index Regions, and in 32 of the 36 Index Countries. Its top five countries by Volume Sales are Indonesia, Russia, Japan, Turkey and Italy.
PMI operates across HMICs (23 Index Countries) and LMICs (nine Index Countries).
PMI’s product portfolio consists of cigarettes, heated tobacco, fine cut tobacco, cigarillos, pipe tobacco, moist snuff, closed system vaping products, snus, non-tobacco nicotine pouches and cigars.
“We can make an important contribution to accelerating the end of smoking. To achieve this objective, we are dedicating the vast majority of our resources to commercializing our smoke-free products. Everyone within our organization—regardless of business function—plays a crucial role in delivering on this purpose.”
(Jacek Olczak, CEO, Integrated Report 2021)
PMI’s Strategy and Management category score increased as it clarified its commitment to “purposefully phase out cigarettes”.
PMI’s Capital Allocation and Expenditure category score increased as R&D spend on RRPs increased from 98% in 2019 to 99% in 2021.
PMI’s Product Offer category score increased as PMI added Shiro non-tobacco nicotine pouches and Kapten snus to its portfolio, through the acquisition of AG Snus in May 2021.
ppts = Difference in percentage between 2021 and 2019
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