Sustainability for Investors

As we transition from cigarettes to reduced-risk smokeless products we recognise our transformation must address not only our products' public health impact – but also continue to integrate and embed sustainability into our business.

This requires us to address all our key sustainability topics such as climate change, circular economy, biodiversity and human rights. We also recognise the need to collaborate across our supply chain and work with our partners as we advance key sustainability initiatives.

We have identified four cross-cutting Sustainability Priorities in our refined corporate strategy. They broadly encompass our material sustainability topics:

Responsible Leadership in New Categories – we aim to set industry standards for the development, manufacturing and marketing of New Category products;

•  Harm reduction
•  Circular Economy
•  Marketing and Communications
•  Supplier Engagement

Create Positive Value in Agriculture – by leveraging our agricultural sourcing model we seek to deliver a positive impact in our agricultural supply chain, particularly with respect to social and environmental issues;

•  Biodiversity and Ecosystems
•  Water
•  Human Rights
•  Farmer Livelihoods and Communities

Deliver Net Zero GHG Emissions across our Value Chain – through working towards decarbonising our own operations, and collaborating with suppliers and others across our value chain;

•  Climate Change
•  Circular Economy
•  Biodiversity and Ecosystems
•  Supplier Engagement

Trusted Organisation Operating with Integrity – working to create and maintain a culture where our people are proud of the role they play in our transformation and aim to always operate to the highest standards.

•  Employees, Diversity and Culture
•  Marketing and Communications
•  Ethics and Integrity
•  Supplier Engagement

Our commitments are rooted in targets against which we will track and share the progress as we our transform our business.