Business Wire·Mar 31, 2026, 4:30 AM ET

Philip Morris International Presents its Value Report 2025: change in motion

Philip Morris International (PMI) released its 2025 Value Report to mark the completion of its 2025 Roadmap & introduce the Value Plan 2030+ for future sustainable growth.
The report highlights that PMI's smoke-free business net revenues reached USD 16.9 billion, representing 41.5% of total annual net revenues in 2025.
Approximately 43.5 million adult consumers globally used PMI's smoke-free products, which were available in 106 markets as of year-end 2025.
PMI achieved a 99.6% coverage of contracted tobacco farmers earning a living income & ensured 99.3% of purchased tobacco came from areas with no net deforestation or ecosystem conversion.
The company reported a 46% decrease in absolute Scope 1 & 2 greenhouse gas emissions versus 2019 levels, achieving carbon neutrality in direct operations.
Strategic priorities in the Value Plan 2030+ include consumer product health, circularity, climate change, nature, workforce, & value chain workers to drive tangible business outcomes.
PMI renamed its annual disclosure from the "Integrated Report" to the "Value Report" in 2025 to better reflect its commitment to transparency regarding value creation over short, medium, & long terms.
The company continues to invest in life sciences & regulatory authorizations, including FDA approvals for snus, nicotine pouches, & IQOS devices, while exploring adjacent growth in wellness.
Forward-looking statements in the report acknowledge risks such as regulatory restrictions, litigation, tax changes, & market competition that could impact future results.