The company’s focus on sustainable logistics aligns with its broader long-term environmental goals to achieve a carbon-neutral business model.
17 Dec 2024 | 1948 Views | By Autocar Professional Bureau
Philip Morris International’s (PMI) India affiliate, IPM India Wholesale Trading Pvt Ltd expanded its sustainable logistics network through the adoption of energy-efficient practices and a shift to greener transportation methods. The company’s initiatives over the past year have resulted in a cumulative reduction of 684 tonnes of CO2 emissions, with ...
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Philip Morris International’s (PMI) India affiliate, IPM India Wholesale Trading Pvt Ltd expanded its sustainable logistics network through the adoption of energy-efficient practices and a shift to greener transportation methods. The company’s initiatives over the past year have resulted in a cumulative reduction of 684 tonnes of CO2 emissions, with a target to achieve this milestone by FY25.
The company has progressively integrated environmentally friendly fuels such as Compressed Natural Gas (CNG) and Electric Vehicles (EVs) into its logistics fleet. Initially rolled out in key regions like Delhi-NCR and Mumbai, these vehicles alone have helped reduce more than 30 tonnes of CO2 emissions. To further optimise its carbon footprint, IPM India has shifted approximately 70% of its sourcing for non-tobacco materials from air freight to more sustainable sea and land routes. This transition is expected to contribute an additional 654 tonnes of CO2 reduction by March 2025.
Navaneel Kar, Managing Director of IPM India, emphasized the company’s commitment to integrating sustainability into its core operations. “Sustainability and business performance are fully interrelated and mutually reinforcing. The expansion of sustainability logistics network aligns with our core values. We take immense pride in serving as an agent of change and advocate of positive values. Sustainability is more than just a means to minimize negative externalities and mitigate risks while maximizing operational efficiency and resource optimization. As an organization, we see this as a fundamental opportunity for innovation, growth, and purpose-led, impact-driven, long-term value creation. Accordingly, we work hard to integrate it into every aspect of our business. With each new carbon-neutral initiative, we move a step closer to realizing our goal—to transition toward a carbon-neutral model.” he said.
Echoing similar sentiments, Divya Vanshika, Head of Operations at IPM India, added, “We firmly believe that investing in sustainability logistics network will have a positive impact on both the long-term resilience of our business and the well-being of society. The Indian government is focusing on sustainability to drive economic growth while protecting the environment. Aligned with the government’s focus, with each initiative, IPM India aims to create a sustainable logistics network and support India’s journey towards achieving a carbon-neutral environment.”
Philip Morris International (PMI), a leading multinational tobacco company, has been increasingly focused on integrating sustainability into its global operations. This includes initiatives to reduce carbon emissions, adopt cleaner technologies, and optimize supply chains to align with environmental goals. Globally, PMI has committed to achieving net-zero carbon emissions across its operations and value chain by 2040.
In India, where environmental concerns are a growing priority, sustainability efforts from private sector companies play a big role in complementing government initiatives such as the National Action Plan on Climate Change (NAPCC) and various programs promoting clean energy adoption.
IPM India Wholesale Trading Pvt Ltd is a joint venture between Philip Morris Brands Sarl of Switzerland and Indian partners Godfrey Phillips India Limited (GPI) and K.K. Modi Investment & Financial Services Private Limited. The company continues to integrate sustainability into its operations as part of PMI’s global vision for a greener and carbon-neutral future.