Hancock Natural Resource Group: Investing Beyond TodayHNRG is one of the world’s largest natural resource managers for institutional investors.
HNRG occupies a unique position as a steward of assets and land: find out how they are using this position to influence positive sustainability.
Building synergy: Vermilion Energy Inc. creates geothermal energy from traditional oil productionShared value principles boost economic and social capacity
An innovative exchange between tomato greenhouses and oil production demonstrates how partnerships can play a critical role in the energy transition.
Konica Minolta: Digital Responsibility for a sustainable societyKonica Minolta strives for economic and social value through innovations. It includes how digitalisation can be done in a more sustainable way or to use digitisation for sustainable solutions.
Our vision for sustainabilitySuccessful business must act responsibly
Taking action on climate change is a priority. Legal & General challenge the companies they invest in to take carbon reduction seriously and contribute to a climate positive future.
The Panasonic Approach To SustainabilityPanasonic’s view of sustainability is deeply rooted in its management philosophy, which has remained unchanged for the last 100 years. As such, it is reflected in the principles laid down by the founder, Konosuke Matsushita, who called for the company to “make contributions to the progress of society and the well-being of people through our business activities.” As the company proceeds with its next 100 years, this spirit is still very much alive, as expressed in Panasonic’s corporate slogan, “A Better Life, A Better World,” which was established in 2013.
Siemens: Advancing technologies to serve societyWith a 172-year history, thinking and acting in the interest of future generations is part of our company’s DNA. Meeting the needs of the present without compromising the ability of future generations to meet theirs can only be accomplished by adopting long-term thinking and creating the foundations for sustainable development.
Our understanding of sustainability is fully based on our company values – responsible, excellent, innovative.
How can the legal sector drive sustainability?The rule of law is central to stable society, and driving global sustainability
Freshfields Bruckhaus Deringer LLP, tracing its history to 1743, is one of the most prestigious multinational law firms in the world. How are they contributing to the SDGs? Find out more here: bloomberg.com/ad/tbd-media/50-sustainability--climate-leaders
Olayan Saudi Holding Company: Giving Commitment and Drive a Fair ChanceOlayan Saudi Holding views gender equality as beneficial and right
People are the greatest asset to this business. Olayan Saudi Holding Company cultivates an inclusive environment with an equal playing field.
If you could list three products that, if eliminated, would make the world a better place, would cigarettes be among them?
The answer is most probably yes. What if one of the largest cigarette companies decided to go ahead and get rid of them?
Philip Morris International (PMI) is the only cigarette company working towards phasing out cigarettes, both from its company and the world. PMI is convinced that its vision of a smoke-free future is both achievable and compatible with the UN Sustainable Development Goals, yet it recognizes that the reputational deficit it faces as a company, in particular, and as an industry, in general, makes society (at best) cautiously optimistic of its purpose. As it transforms its business, PMI knows that one of its key challenges is, and will continue to be, earning the trust of its stakeholders and society as a whole.
Smoking cigarettes causes serious disease, and the best way to avoid the harms of smoking is never to start, or to quit. But what happens with those who will not stop smoking? Today, an estimated 1.1 billion men and women around the world smoke cigarettes or other combustible tobacco products; PMI’s goal is for at least 30 percent of its customers, who would otherwise continue smoking, to switch to its smoke-free products by 2025. Based on that ambition, they project that by the same year, at least 40 million PMI cigarette smokers will have switched to smoke-free products.
“Three years ago we made a commitment to a future without cigarettes, a smoke-free future that will improve the health trajectories of more than one billion adult smokers. We are actively transforming our business from the inside out and are doing everything we can to get to a smoke-free future as quickly as possible.” said André Calantzopoulos, CEO of PMI. “For us, our smoke-free vision and purpose is about creating a business that brings a positive societal change and therefore, is much more sustainable. We are dedicated to using our resources and ingenuity to develop and commercialize better alternatives for the men and women who smoke as fast as possible.”
Although alternative, smoke-free products have the potential to significantly reduce the individual risks and population harm compared with cigarette smoking, they are nonetheless addictive and are not risk-free. PMI says it supports measures to ensure that smokers are accurately informed about the health risks of smoking, effective regulation to discourage the consumption of cigarettes, and efforts to prevent minors from consuming nicotine in any form.
Mindful that its business transformation also brings added responsibilities, PMI is viewing its activities through a sustainability lens to be better equipped to responsibly manage this transition and its impact on society and the environment. For example, PMI has adopted science based targets and is a leading company in reducing greenhouse gas emissions, not only in its factories, but across the whole supply chain — recognized for the fifth consecutive year on CDP’s Climate A-List in 2019.