Feelm Joins Carbon Disclosure Project

Industry Insight by tobaccoreporter
Jun.23.2022

Feelm has joined the Carbon Disclosure Project (CDP), as part of the listing of its parent company, Smoore.

 

CDP is an independent not-for-profit organization that manages a global disclosure system and repository for environmental reporting by corporations, 

municipalities and organizations around the world.

 

In 2021, more than 680 financial institutions, representing $130 trillion in assets, supported CDP’s request for data sharing, while over 13,000 companies, accounting for 64 percent of the world’s market capital, disclosed through CDP’s database. Phillip Morris International, British American Tobacco, Japan Tobacco International, Altria Group and Imperial Tobacco also take part in the CDP.

 

In May 2022, Feelm announced its commitment to achieve carbon neutrality by 2050, with a strategic executive plan that includes introducing zero-carbon vape technology solutions, adopting eco-friendly materials and green packaging, supporting the global supply chain in de-carbonization and activating a recycling program of vape pod cartridges and devices with clients.

 

“Carbon neutrality is an important component of our integrated ESG strategic plan as it helps to accelerate our business transformation, said Sofia Luo, marketing director of Feelm’s business division, in a statement.

 

“That is why Feelm follows the measures and roadmap outlined in the ‘Corporate Net-zero Pathway’ published by the UN in 2021. Feelm will press ahead with its commitment to comply with UN standards, disclose information transparently, and welcome scrutiny from international organizations and the public; in order to reach our vision of developing an eco-friendly and low-carbon economy.”

 

Source:tobaccoreporter

Philip Morris International invests in smoke-free electronic devices to reduce health risks.
Philip Morris International invests in smoke-free electronic devices to reduce health risks.
PMI invests in smoke-free electronic devices to reduce health risks caused by tobacco combustion, facing regulatory challenges and black market effects.
Jun.12 by 2FIRSTS.ai
Product | SMOORE’s FEELM Unveils New Vaping Solution Inspired by Fidget Toys and Sensory Play
Product | SMOORE’s FEELM Unveils New Vaping Solution Inspired by Fidget Toys and Sensory Play
FEELM, a brand under SMOORE, has teamed up with AVOMI, MEVOL, and FUMOT to roll out six new vaping solutions. Among them, the STAR RING and SQUEEZY POD combine vaping with fidget spinner and stress toy elements, while the GEM XL is described as the simplest 2+N vaping solution to date.
May.13 by 2FIRSTS.ai
UK Study: Vape Shops in England Surge 1,200% in a Decade, Now Cover 97% of Regions
UK Study: Vape Shops in England Surge 1,200% in a Decade, Now Cover 97% of Regions
A new study reveals that the number of vape shops in England has surged nearly 1,200% over the past decade, with coverage expanding from just 33.8% of local authorities in 2014 to 97.2% in 2024.
May.26 by 2FIRSTS.ai
South Africa Market Insights: Distributor MISTLABS to Speak at 2Firsts Global NGP Trends Forum
South Africa Market Insights: Distributor MISTLABS to Speak at 2Firsts Global NGP Trends Forum
On June 6, 2Firsts will host the "Global NGP Market Trends Forum" in Shenzhen, with a focus on e-cigarette markets such as South Africa. The co-founder of MISTLABS, a South African e-cigarette distributor, will share the latest trends and practical insights from the South African market.
May.30 by 2FIRSTS.ai
E-cigarette tax legislation preliminarily approved by Louisiana House committee
E-cigarette tax legislation preliminarily approved by Louisiana House committee
Louisiana's House Ways and Means Committee has approved a proposal to hike the vape tax, aiming to curb youth vaping and alleviate public health burdens. Lawmakers remain sharply divided over the measure’s effectiveness, and the bill requires further legislative review.
Apr.23 by 2FIRSTS.ai
South Korea's Tax Policy on Solid Nicotine Vapes Sparks Debate as Tobacco Industry Urges Urgent Regulation of Synthetic Nicotine
South Korea's Tax Policy on Solid Nicotine Vapes Sparks Debate as Tobacco Industry Urges Urgent Regulation of Synthetic Nicotine
South Korea’s low tax on solid nicotine vapes has raised concerns over tax avoidance, but industry players note the products are already regulated and have minimal market share. The real regulatory gap, they argue, lies in synthetic nicotine, which remains largely unregulated amid slow legislative progress.
May.14 by 2FIRSTS.ai