BAT has published its Low-Carbon Transition Plan, detailing the actions it will take to reach its climate targets. This includes halving absolute emissions across its value chain by 2030, from a 2020 baseline, and to be net zero across its value chain by 2050 at the latest.

Kingsley Wheaton, BAT’s Chief Growth Officer, said: “We’re proud to take this latest step in our sustainability journey. By outlining the measures, we will take to live up to our Net Zero targets through our Low-Carbon Transition Plan, we’re demonstrating our continuing commitment to building A Better Tomorrow. As a global company, we know minimising impacts across our value chain is the right thing to do, as well as making sound business sense. That is why we have set stretching science-based climate-related targets and continue to embed sustainability across our business.”

BAT has committed to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50 per cent by 2030 from a 2020 base year. Furthermore, according to the CDP, tackling Scope 3 emissions, which are indirect emissions from BAT’s value chain, will be the most critical and challenging for the sector, and it constitutes the majority of BAT’s total carbon footprint. For these Scope 3 emissions, BAT has also committed to reduce emissions by 50 per cent by 2030 from a 2020 base year, BAT said in a statement.

BAT has been consistently recognised for performance in sustainability and was named as a 2022 Climate Leader by the Financial Times, for successfully lowering its emissions intensity, and received the highest gold class in the S&P Global Sustainability Yearbook 2021. BAT was also featured in the Dow Jones Sustainability Indices (DJSI) for the 20th consecutive year in 2021 and was the only tobacco company named on the DJSI’s World Index that same year.