TobaccoReporter logo

Tag: value chain

  • PMI Publishes First TNFD Report

    PMI Publishes First TNFD Report

    Today (September 22), Philip Morris International published its first Taskforce on Nature-related Financial Disclosures (TNFD) Report, providing an assessment of nature-related dependencies, impacts, risks, and opportunities across its global value chain. The report examines how natural capital and ecosystem services affect areas including agricultural production, manufacturing, and access to raw materials.

    The report is part of PMI’s broader environmental disclosure efforts and follows its 2025 Climate Transition Plan. Nature is one of six strategic priorities under PMI’s Value Plan 2030+, alongside Consumers, Circularity, Climate, Our Workforce, and Workers in Our Value Chain. The report also includes examples of projects addressing water stewardship, biodiversity, soil restoration, and product circularity.

  • Ethical Holdings to Produce 8M Cigarettes per Month

    Ethical Holdings to Produce 8M Cigarettes per Month

    Zimbabwe’s Ethical Holdings will begin producing cigarettes under a toll manufacturing arrangement with a Chinese partner, a move aimed at boosting local beneficiation and maximizing export earnings from the golden leaf. The initiative aligns with the government’s Tobacco Value Chain Transformation Plan, which emphasizes shifting from raw leaf exports to high-value local manufacturing.

    Already a major player in tobacco farming and leaf processing, Ethical Holdings will produce 8 million sticks per month, marking its transition into a fully integrated tobacco company controlling the full value chain from primary production and auctioning to finished products. General Manager Tendai Ngongoni said the move supports national value-addition goals.

  • TIMB: Zimbabwe Can Produce 17B Cigarettes

    TIMB: Zimbabwe Can Produce 17B Cigarettes

    Zimbabwe’s Tobacco Industry and Marketing Board (TIMB) said the country has the potential to manufacture 17 billion cigarette sticks, up from its current 4 billion. Since the government crafted the Tobacco Value Chain Transformation Plan (TVCTP) in 2021, the nation’s cigarette manufacturing has increased 10%, but, on the back of a record-setting crop, TIMB says it could be significantly higher.

    “Now that we have reached and exceeded 300 million kgs of tobacco sold in 2025, it’s time to scale up local cigarette manufacturing,” said TIMB. “That’s a massive opportunity, let’s increase capacity utilization, attract new manufacturers and ensure more jobs, more exports and more local wealth creation. We call on interested entrepreneurs to invest in Zimbabwe’s tobacco value chain through partaking in cigarettes manufacture for export, processing and packing machinery, tobacco packaging materials, shisha, and cut tobacco.”