A TOBACCO Transformation Index released in September and made possible with funding from the Foundation for a Smoke-Free World, found that most of the 15 largest tobacco companies are not making substantive progress in phasing out cigarettes and other high-risk tobacco products, while transitioning smokers to reduced-risk alternatives.
A small group of companies have made public commitments to harm reduction and backed them with significant investments.
The majority of companies have made no such commitment.
With 1,3 billion tobacco users in the world, of which 8 million die annually from tobacco-related diseases, the stakes for global health are high.
Adult cessation and tobacco harm reduction could reduce deaths within the next two decades.
The Tobacco Transformation Index is the first index to rank the world’s 15 largest tobacco companies on their relative performance, commitment and transparency to deliver material progress in supporting tobacco harm reduction.
The 2020 index assesses tobacco companies’ activities from 2017 to 2019 related to strategy and management, product sales, capital allocation, product offer, marketing, and lobbying and advocacy.
The 2020 Tobacco Transformation Index ranks Swedish Match, which divested its cigarette business in 1999, in first position.
Phillip Morris International, British American Tobacco, Altria, Imperial Brands, Japan Tobacco, KT&>, ITC Ltd., Swisher International, Tobacco Authority of Thailand, Vietnam National Tobacco, Gudang Garam, Djarum, Eastern Co., and China National Tobacco Corp. follow Swedish Match in the overall rankings.
“Inspired by the success that indexes focusing on other sectors have demonstrated, the goal of the Tobacco Transformation Index is to stimulate external