{"id":384685,"date":"2020-11-19T04:30:04","date_gmt":"2020-11-19T09:30:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384685"},"modified":"2020-11-19T04:30:04","modified_gmt":"2020-11-19T09:30:04","slug":"pmis-esg-performance-recognized-by-the-sp-dow-jones-indices","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/","title":{"rendered":"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices<\/b><\/p>\n<p class=\"bwalignc\"><i>PMI Named in Dow Jones Sustainability North American Index; the Company Continues to Demonstrate Progress Toward Delivering a Smoke-Free World <\/i><\/p>\n<p>LAUSANNE, Switzerland&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPhilip Morris International Inc. (PMI) (NYSE: PM) has been included for the first time in the Dow Jones Sustainability Index (DJSI) North America, recognizing its exemplary sustainability performance. Moreover, for the third year in a row, PMI leads the industry in DJSI\u2019s innovation management category, which assesses companies\u2019 research and development spending, product innovations, and portfolio of tobacco alternatives and reduced-risk products. The DJSI North America Index includes the Dow Jones Indices\u2019 top 20 percent of ESG performers across 61 industries\u2014those that exhibit best-in-class performance against DJSI\u2019s environmental, social, and governance (ESG) metrics.\n<\/p>\n<p>\n\u201cIntegrating ESG into our business is at the core of our smoke-free strategy,\u201d said PMI Chief Sustainability Officer Jennifer Motles. \u201cIndeed, for us to be a truly sustainable company we must continue to relentlessly address the health impacts of our products by focusing our efforts and resources on phasing out cigarettes as quickly as possible. As the only cigarette manufacturer committed to removing cigarettes from our business, we are proud to be part of the Dow Jones Sustainability North America Index, confirming the significant progress we\u2019re making to transform our business.\u201d\n<\/p>\n<p>\nTo make its transformation measurable and transparent, PMI reports regularly on its progress toward achieving its purpose\u2014first announced in 2016\u2014to deliver a smoke-free future by focusing resources on developing, scientifically substantiating, and responsibly commercializing smoke-free products that are less harmful than smoking, with the aim of completely replacing cigarettes with smoke-free alternatives for those adults who would otherwise continue to smoke as soon as possible. In 2016 PMI introduced a set of bespoke key performance indicators (KPIs), <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pmi.com%2Fsustainability%2Fbusiness-transformation-metrics&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=Business+Transformation+Metrics&amp;index=1&amp;md5=60f267dc83c01cb48251ca96fbe0c502\">Business Transformation Metrics<\/a>, to clearly showcase the pace and scale of the company\u2019s transformation. These allow stakeholders to assess the actions, resource allocation, and outcomes achieved in PMI\u2019s rapid advancement toward a smoke-free future. In 2019, the company continued to expand these metrics, to 25 indicators, such as the availability of PMI\u2019s smoke-free products worldwide, including in non-OECD countries.\n<\/p>\n<p>\nTo further demonstrate PMI\u2019s clarity of purpose, in March 2020 the company\u2019s Board of Directors issued its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pmi.com%2Fstatement-of-purpose%23%3A%7E%3Atext%3D%2528PMI%2529%2520is%2520widely%2520known%2520as%2Cthe%2520aim%2520of%2520completely%2520replacing&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=Statement+of+Purpose&amp;index=2&amp;md5=af4404a8b2e522d458c70b769163fe45\">Statement of Purpose<\/a>, published in PMI\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fphilipmorrisinternational.gcs-web.com%2Fstatic-files%2F9119cdbc-0f37-4235-87d0-1a79e50684cd&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=Proxy+Statement&amp;index=3&amp;md5=f2cdb29c815ab985647209b4cec4661e\">Proxy Statement<\/a>, reaffirming its commitment to delivering a smoke-free future. In June 2020 PMI released its first <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pmi.com%2Fresources%2Fdocs%2Fdefault-source%2Fsustainability-reports-and-policies%2Fpmi-integrated-report-2019.pdf%3Fsfvrsn%3Db85807b4_6&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=Integrated+Report&amp;index=4&amp;md5=8a6d2c97de20eb49ef6e6ae9bb33f444\">Integrated Report<\/a>, helping stakeholders and investors make the connection between product-focused sustainability initiatives, which form the core of PMI\u2019s ESG strategy, and financial performance over time. Informed by PMI\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pmi.com%2Fmedia-center%2Fnews%2Fmaterial-impacts-defining-our-sustainable-priorities&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=sustainability+materiality+assessment&amp;index=5&amp;md5=5437c6b35563ce1703d01ab11661bd96\">sustainability materiality assessment<\/a>, the report describes the company\u2019s performance in addressing its most pressing ESG issues and enables company stakeholders to better evaluate PMI\u2019s progress in achieving its purpose of delivering a smoke-free future. In October, PMI reinforced its commitment to addressing ESG issues by integrating the Sustainability team within the company\u2019s Finance organization.\n<\/p>\n<p>\n\u201cWe congratulate Philip Morris International for being included in the DJSI North America Index,\u201d said Manjit Jus, global head of ESG Research and Data, S&amp;P Global. \u201cA DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet.\u201d\n<\/p>\n<p>\nAdditional information on the company\u2019s sustainability efforts and ESG performance are available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pmi.com%2FSustainability&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=PMI.com%2FSustainability&amp;index=6&amp;md5=23eb9966c943c97a419977ea41ffc7a4\">PMI.com\/Sustainability<\/a>.\n<\/p>\n<p><b>Notes: <\/b>The term \u201cmateriality,\u201d \u201cmaterial,\u201d and similar terms, when used in the context of economic, environmental, and social topics, are defined in the referenced sustainability standards, and are not meant to correspond to the concept of materiality under the U.S. securities laws and\/or disclosures required by the U.S. Securities and Exchange Commission.\n<\/p>\n<p><b>Philip Morris International: Delivering a Smoke-Free Future <\/b><\/p>\n<p>\nPhilip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company, and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. In addition, PMI ships a version of its <i>IQOS<\/i> Platform 1 device and its consumables to Altria Group, Inc. for sale under license in the U.S., where the U.S. Food and Drug Administration (FDA) has authorized their marketing as a modified risk tobacco product (MRTP), finding that an exposure modification order for these products is appropriate to promote the public health. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI\u2019s smoke-free product portfolio includes heat-not-burn and nicotine-containing vapor products. As of September 30, 2020, PMI estimates that approximately 11.7 million adult smokers around the world have already stopped smoking and switched to PMI\u2019s heat-not-burn product, available for sale in 61 markets in key cities or nationwide under the <i>IQOS<\/i> brand. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pmi.com&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=www.pmi.com&amp;index=7&amp;md5=f6db455bd5f922160e29e45e7faf10ef\">www.pmi.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pmiscience.com&amp;esheet=52332114&amp;newsitemid=20201119005567&amp;lan=en-US&amp;anchor=www.pmiscience.com&amp;index=8&amp;md5=74a384fa14d88d663eb113beb0e92f3f\">www.pmiscience.com<\/a>.\n<\/p>\n<p class=\"bwalignc\">\n# # #\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119005567r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201119005567\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201119005567\/en\/<\/a><\/span><\/p>\n<p>\nPhilip Morris International<br \/>\n<br \/>Daniella Weinberg<br \/>\n<br \/>T. +1 484 433 0447<br \/>\n<br \/>E. <a rel=\"nofollow\" href=\"mailto:daniella.weinberg@pmi.com\">daniella.weinberg@pmi.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe Switzerland United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Other Consumer Consumer Environment Other Retail Tobacco<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119005567\/en\/132893\/3\/logo_PMI.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices PMI Named in Dow Jones Sustainability North American Index; the Company Continues to Demonstrate Progress Toward Delivering a Smoke-Free World LAUSANNE, Switzerland&#8211;(BUSINESS WIRE)&#8211; Philip Morris International Inc. (PMI) (NYSE: PM) has been included for the first time in the Dow Jones Sustainability Index (DJSI) North America, recognizing its exemplary sustainability performance. Moreover, for the third year in a row, PMI leads the industry in DJSI\u2019s innovation management category, which assesses companies\u2019 research and development spending, product innovations, and portfolio of tobacco alternatives and reduced-risk products. The DJSI North America Index includes the Dow Jones Indices\u2019 top 20 percent of ESG performers across 61 industries\u2014those that exhibit best-in-class performance against DJSI\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384685","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices PMI Named in Dow Jones Sustainability North American Index; the Company Continues to Demonstrate Progress Toward Delivering a Smoke-Free World LAUSANNE, Switzerland&#8211;(BUSINESS WIRE)&#8211; Philip Morris International Inc. (PMI) (NYSE: PM) has been included for the first time in the Dow Jones Sustainability Index (DJSI) North America, recognizing its exemplary sustainability performance. Moreover, for the third year in a row, PMI leads the industry in DJSI\u2019s innovation management category, which assesses companies\u2019 research and development spending, product innovations, and portfolio of tobacco alternatives and reduced-risk products. The DJSI North America Index includes the Dow Jones Indices\u2019 top 20 percent of ESG performers across 61 industries\u2014those that exhibit best-in-class performance against DJSI\u2019s &hellip; Continue reading &quot;PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-19T09:30:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119005567r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices\",\"datePublished\":\"2020-11-19T09:30:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\\\/\"},\"wordCount\":955,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201119005567r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\\\/\",\"name\":\"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices - 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(PMI) (NYSE: PM) has been included for the first time in the Dow Jones Sustainability Index (DJSI) North America, recognizing its exemplary sustainability performance. Moreover, for the third year in a row, PMI leads the industry in DJSI\u2019s innovation management category, which assesses companies\u2019 research and development spending, product innovations, and portfolio of tobacco alternatives and reduced-risk products. The DJSI North America Index includes the Dow Jones Indices\u2019 top 20 percent of ESG performers across 61 industries\u2014those that exhibit best-in-class performance against DJSI\u2019s &hellip; Continue reading \"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-19T09:30:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119005567r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices","datePublished":"2020-11-19T09:30:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/"},"wordCount":955,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119005567r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/pmis-esg-performance-recognized-by-the-sp-dow-jones-indices\/","name":"PMI\u2019s ESG Performance Recognized by the S&amp;P Dow Jones Indices - 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