Phemo International has introduced in a dedicated disclosure document the PMI's approach to protecting nature, which is one of its eight sustainability strategies.
Protecting nature is a collective responsibility that requires global participation and intervention measures specific to local conditions.
As the climate crisis becomes increasingly urgent, the company is accelerating its sustainability initiatives, introducing goals to achieve carbon neutrality (Scope 1 and 2) and net zero (Scope 1, 2, and 3), as well as adding new targets for water and biodiversity to its existing forest-related goals.
PMI, the tobacco giant, has unveiled its 2021 low-carbon transformation plan, which outlines the company's strategy for tackling climate change. The plan includes a goal to achieve carbon neutrality in its direct operations (Scope 1 + 2) between 2030 and 2025, and across its entire value chain (Scope 1 + 2 + 3) between 2050 and 2040. In addition, PMI has set a new target for 15% of its suppliers to develop their own science-based targets (SBTs) by 2025, in line with PMI's commitments.
In 2020, the company released a "Zero Deforestation Declaration" as part of its efforts to promote nature conservation. This declaration achieved the objective of zero net forest deforestation in primary and protected forests, and the company is now striving to achieve zero net deforestation in natural forests under its management by 2025. Additionally, the company aims to have a net positive impact on forests related to its tobacco supply chain. As for PMI's paper and pulp material supply chain, the company's goal is to have zero deforestation in natural forests managed under native and protected forest management by 2030, without any conversion of natural ecosystems.
The new ambitions to protect nature are as follows:
Biodiversity
By 2033, ecosystems related to the value chain of unclean losses and PMI will be utilized to protect nature.
By 2050, make a positive contribution to the natural environment.
Water management
By 2033, solutions that have a positive impact on water resources will be measured by optimized and restored water quantity.
Contribute to making a positive impact on water resources by the year 2050.
Like others, PMI has a responsibility to prevent the destruction of natural habitats and is committed to playing a role in addressing this global issue.
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