Dubai, United Arab Emirates -   Philip Morris International (PMI) has been ranked fourth on Forbes' 2025 Net Zero Leaders list, maintaining its position for the third consecutive year. This list highlights the top 100 publicly traded U.S. companies that have successfully reduced greenhouse gas emissions.

This ranking embodies Philip Morris International's ongoing commitment to adopting climate action and sustainable business practices, building on years of focused efforts across its global operations. What's most notable about this ranking is that it highlights the company's holistic approach, which combines environmental responsibility with business transformation.

Therefore, decarbonization at Philip Morris International is not a secondary or additional project; rather, it is at the core of the company's approach to building operational resilience, driving innovation, and creating long-term value.

double effect

From investing in renewable energy to improving supply chains, Philip Morris International's sustainability initiatives have a dual effect: reducing its environmental footprint while strengthening its competitive position. This balance between purpose and performance is a clear example of what sustainable business leadership looks like in practice.

This list, compiled by Forbes for leading companies in achieving net-zero emissions, is based on actual and measurable progress, and evaluates companies according to governance, strategy, indicators, financial strength, and transparency of non-financial reporting. Philip Morris International's continued presence on this list underscores its consistent and rigorous approach to reducing emissions and minimizing its environmental footprint.

Commenting on this achievement, Jennifer Mottles, Chief Sustainability Officer at Philip Morris International, said, “Our sustainability strategy remains closely integrated into our business transformation. It serves as a catalyst for building operational resilience, driving innovation, and creating long-term value.” She added, “Our initiatives, such as investing in renewable energy and optimizing supply chains, are driven by data, transparency, and ambition, helping to strengthen our environmental performance and improve our competitive position.”

For her part, Monika Barten, Communications Manager at Philip Morris Management Services (Middle East) Limited, said: “This recognition is a testament to the progress we are making not only globally, but also here in the Middle East. Our regional efforts align with Philip Morris International’s global ambition to achieve net zero emissions, and we are proud to contribute to this through local initiatives that reflect the environmental and cultural specificities of our markets.”

She added: "The initiatives we are undertaking in the Middle East, such as the consumer goods take-back program in Dubai and Kuwait, along with the educational initiative "Our World is Not an Ashtray," embody our proactive stance in working to reduce the environmental impact of our products across the region. Furthermore, our operational strategies focus on reducing our environmental footprint and promoting a culture of sustainability among employees, while emphasizing the importance of understanding and protecting local biodiversity and managing post-consumer waste."

This distinction adds to the growing list of external recognition of Philip Morris International’s sustainability performance and reporting, including:

• Participation in the CDP Supplier Engagement Leadership Council, for the seventh year (announced in March 2024)
• Earning the Triple A rating from CDP for the fourth consecutive year, placing Philip Morris International among the world's leaders in transparency and environmental action (announced February 2024)
• Early adopters of the TNFD Framework as of January 2024
• Joining the Dow Jones Sustainability Index World ( DJSI ) for the first time and the Dow Jones Sustainability Index North America for the fourth consecutive year (inclusion effective December 18, 2023), as well as achieving a “ Prime ” rating in the ISS ESG Corporate Sustainability Performance Assessment ( ISS ESG Assessment released November 21, 2023)
• Science Based Targets Initiative (SBTi) certification on Forest, Land and Agriculture (FLAG) emission reduction targets, making PMI one of the very few companies to have achieved this recognition (as of August 2023)

To learn more about sustainability at PMI and access additional sustainability-related resources, please visit pmi.com/sustainability , including the PMI 2023 Integrated Report, the Task Force on Climate-related Financial Disclosures (TCFD) report, the Nature Conservancy report, the Consumer Waste Reduction Strategy report, the Sustainability Materials report, and the Low Carbon Transition Plan.

Philip Morris International: A Global Leader for a Smoke-Free World

Philip Morris International is a leading global consumer products company actively working to enable a smoke-free future and is expanding its long-term product portfolio beyond tobacco and nicotine. The company's current product portfolio primarily consists of cigarettes and smoke-free products, including heated tobacco products, nicotine pouches, and e-cigarettes.

As of December 31, 2024, PMI's smoke-free products were available for sale in 95 markets, and the company estimates that 38.6 million adults worldwide use its smoke-free products. PMI's smoke-free products accounted for 42% of the company's total net revenues as of the first quarter of 2025. Since 2008, PMI has invested more than US$14 billion to develop and commercialize scientifically substantiated, innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of ending the sale of cigarettes entirely. This includes building world-class scientific evaluation capabilities, particularly in the areas of preclinical toxicology, clinical and behavioral research, as well as post-market studies.

After a rigorous scientific review, the U.S. Food and Drug Administration (FDA) authorized the marketing of Swedish Match 's General Snus , ZYN nicotine pouches, and IQOS device versions and consumables from Philip Morris International (PMI)—the first authorizations of their kind ever in their respective categories. IQOS device versions, consumables, and General Snus also received the FDA's first-ever Modified Risk Tobacco Product (MRTP) authorization. Building on the company's strong foundation and extensive life science expertise, PMI has significant future ambitions to expand into wellness and healthcare, aiming to enhance lives through seamless health experiences.

The terms “ PMI ,” “we,” and “us” refer to Philip Morris International and its subsidiaries. For more information, please visit www.pmiscience.com or www.pmi.com .

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