Climate Policy Engagement Analysis
Climate Policy Engagement Overview: Philip Morris International (Philip Morris) has limited, but overall positive engagement on climate policy. Philip Morris holds membership to several industry associations that lobby actively against climate policy, including Business Europe and the US Chamber of Commerce. The company also lacks transparency about its association memberships.
Top-line Messaging on Climate Policy: Philip Morris’ top-line communications on climate change appear to be consistently positive. The company clearly accepts climate science in its 2020 annual report, published in 2021. Philip Morris also 787368 its support for reducing emissions in line with 1.5 °C in its 2020 annual report. The company also signed a joint letter to President Bident with the We Mean Business Coalition in April 2021 supporting the Paris Agreement and calling for increased ambition on reducing GHG emissions by 2030.
Engagement with Climate-Related Regulations: InfluenceMap did not find any evidence of Philip Morris’ engagement with climate related policies.
Positioning on Energy Transition: Between 2018 and 2022, Philip Morris has limited engagement with policy necessary to transition the energy mix. On Twitter in March 2021 it Unclear position on transition of energy mix stated support for transitioning the global economy, though it emphasized voluntary science-based targets.
Industry Association Governance: In 2021, Philip Morris disclosed a list of memberships to industry associations. It has not published a review of its alignment with these groups on climate change policy. In its 2021 annual climate disclosure report, Philip Morris failed to disclose its membership to the National Association of Manufacturers which has highly negative engagement with US climate policy. Philip Morris is also a member of the US Chamber of Commerce and American Legislative Exchange Council which both appear actively opposed to US climate policy. Philip Morris is a partner company in the Corporate Advisory and Support Group at Business Europe, which consistently lobbies against climate related policy and regulations since 2015, including against policy stringency as part of the EU’s Green Deal.