04/21/2021 | Press release | Distributed by Public on 04/21/2021 08:17
Phillip Morris International (PMI) has become the first graduate from Sustainable Brands' Voyager program, following its two-year participation as an inaugural member.
The Voyager program was developed to create a multifaceted platform that helps companies recognize the problems they face collectively and individually, as well as the opportunities these problems present for creating positive change. It contains a variety of programs and tools that help companies to transform themselves, and their stakeholders. As a result, these companies can prosper as forward-leaning brands.
PMI became the inaugural participant when the program launched in 2019. By then, the company was three years into its industry-first transformation, having publicly declared its vision in 2016 that smoke-free alternatives will one day replace cigarettes.
PMI is delivering better, science-based alternatives to cigarettes for adult smokers who would otherwise continue to smoke. To date, the company remains the only cigarette manufacturer to make this commitment, and thus reports regularly, and in detail, on its progress toward achieving a smoke-free future.
Before and during its two-year trial period as a 'Voyager,' PMI engaged Sustainable Brands' Advisory Board and Corporate Members in stakeholder sessions and member meetings. In these engagements, members emphasized the importance of PMI demonstrating an ongoing commitment to its smoke-free aspiration, as well as beginning to envision what a 'net-positive' future might look like for the company.
PMI's journey as a Sustainable Brands 'Voyager'
When PMI joined the Voyager program, it made the same commitments as Sustainable Brands' fully-fledged Corporate Members, plus the following Voyager-specific commitments:
Through the Voyager program, PMI actively participated in bilateral conversations with members and other SB stakeholders at Corporate Member meetings and Sustainable Brands events around the world. PMI was also given access to the Sustainable Brands Brand Transformation Roadmap℠ . This is a proprietary orientation and navigation tool that comprehensively maps out the journey from business-as-usual to a fully sustainable brand, and helps companies determine their current position in five key areas:
Within each of these areas, the Roadmap defines five levels of progress:
PMI was required to use the Roadmap to assess its progress on the journey to becoming a 'sustainable brand' and identify opportunities for improvement. To balance its own self-assessment, SB's leadership scrutinized PMI's responses to the assessment, and facilitated external feedback from a variety of its Corporate Members.