Philip Morris International was named to Forbes’ 2026 Net Zero Leaders list, which recognizes U.S.-listed companies demonstrating measurable progress toward achieving net zero emissions. PMI ranked first in the fast-moving consumer goods category and fourth overall, based on assessments of governance, risk management, decarbonization performance, and financial resilience using data from Sustainalytics and Morningstar.
The company reiterated its target to reach net zero greenhouse gas emissions across its value chain by 2040, ahead of the 2050 benchmark used by most companies. Recent milestones cited include the launch of its Value Plan 2030+, publication of an updated Climate Transition Plan, and continued progress toward science-based emissions reduction targets validated by the Science Based Targets initiative.