Philip Morris International (PMI) has released its sixth Integrated Report, coinciding with 10 years of transformation and sustainability reporting. The report outlines PMI’s ongoing progress in delivering long-term value to shareholders and all stakeholders, while advancing its mission to make cigarettes obsolete and replace them with smoke-free alternatives as quickly as possible.

The 2024 report highlights the growing global presence of PMI’s smoke-free products, alongside social and environmental initiatives, including responsible sales practices and efforts to reduce post-consumer waste. It also documents PMI’s progress in fostering an inclusive workplace, improving living conditions for people in its supply chain, decarbonizing its operations, and protecting nature and biodiversity.

“The 2024 Integrated Report marks a milestone year, celebrating 10 years since the commercial launch of PMI’s smoke-free alternatives and our journey toward one of the most ambitious business transformations of the modern era,” said Jacek Olczak, Chief Executive Officer of PMI. “Our successes give me confidence in our future. Thanks to the dedication of our people, we have not only sustained our momentum but strengthened it, achieving goals that once seemed highly ambitious.”

“In Cyprus, we actively contribute to the progress highlighted in the 2024 Integrated Report, both by accelerating the transition to a smoke-free world and through targeted initiatives that improve our overall impact — from managing our environmental footprint to continuously supporting the growth and well-being of our people,” said Grigoris Kamperis, Managing Director of Philip Morris Cyprus & Malta.

“We understand the importance of bold yet realistic goals that drive our success. The Sustainability Index ensures our ambitions are measurable and balanced, while improved management of our non-financial data helps us present it more accurately,” said Jennifer Motles, Chief Sustainability Officer at PMI. “Our commitment to sustainability is deeply tied to the future of our business — a journey with measurable impact and a transformation that extends beyond the boundaries of the company.”

For more information, studies, and the full 2024 Integrated Report, visit pmi.com/sustainability.