Strategy and approach
At the end of 2022, Swedish Match AB (publ), Corporate Identity Number 556015-0756, was acquired by Philip Morris Holland Holdings B.V., an affiliate of Philip Morris International Inc. (PMI) (677 Washington Blvd., Ste. 1100 Stamford, CT 06901, USA). The work to integrate Swedish Match into PMI’s global sustainability structure, strategy and policies started in 2023, as a result of the new ownership.
As integration proceeds, in all material respects, PMI’s Integrated Report, published on March 28, 2024, is deemed to meet the obligations set in the Annual Accounts Act, to disclose sustainability information necessary for an understanding of the company's development, position and performance and the impact of its operations, including information on issues relating to the environment, social conditions, personnel, respect for human rights and anti-corruption.