Philip Morris International Scored 60 On ESG Evaluation; Preparedness Adequate
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LONDON, May 13, 2021 /PRNewswire/ (S&P Global Ratings) S&P Global Ratings said today that U.S.-listed Philip Morris International (PMI) scored 60 in its ESG Evaluation. On our scale, 100 indicates the lowest risk and 0 the highest. The company s ESG Evaluation score is the result of an ESG profile of 57 combined with adequate preparedness.
PMI s ESG Evaluation score of 60 reflects our view of the company s long-term ambition to switch smokers to potentially reduced-risk products, and its targeted actions to address environmental and social concerns in its supply chain, which we see as positively differentiating PMI from its peers. In our view, PMI s ambition to encourage smokers to use reduced-risk tobacco products will help it mitigate some of the social risks to which it is exposed as a tobacco company.
Proposed “Double Couplet” from Broadway Multimodal Corridor Plan
For over 10 years, the Humboldt County Association of Governments, the City of Eureka and Caltrans have been looking at ways to improve the Broadway corridor to make it prettier, less congested, and most importantly, safer. And, once again, the public will have a chance to comment on the latest proposed Broadway Multimodal Corridor Plan during HCAOG’s board meeting on Thursday.
Planners have looked at many different approaches to addressing Broadway’s safety and traffic issues and have identified the controversial Double Couplet Option which proposes building two new segments of one-way road to the west of Broadway as the preferred plan. One of the couplets would run between Fourth Street and Koster Avenue, passing through the area known as the Balloon Track, and the other would run between Hawthorne Street and the Bayshore Mall.