Overall Net-Zero Target: Philip Morris International Inc. commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Energy and Industry: Philip Morris International commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year.* Philip Morris International also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations and business travel 27.5% within the same timeframe. Philip Morris International further commits that 15% of its suppliers by spend covering purchased goods and services will have science-based targets by 2025. FLAG: Philip Morris International commits to reduce absolute scope 3 FLAG GHG emissions 33.3% by 2030 from a 2019 base year.** Philip Morris International commits to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025. Long-Term Targets: Energy and Industry: Philip Morris International commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2019 base year.* Philip Morris International also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.* FLAG: Philip Morris International commits to reduce absolute scope 3 FLAG GHG emissions 72% by 2040 from a 2019 base year.** *The target boundary includes land-related emissions and removals from biogenic feedstocks. **The target includes FLAG emissions and removals.