13 ISSUED: NOV. 2021 Climate Change 2025 Goal: Align our operational and value chain business practices with science-based methodology to limit the damaging impacts of climate change. Changes in nature as a result of climate change and society’s response to those changes can affect the future of our businesses. Climate change presents very significant global risk, humans are the primary cause and inaction is not an option. We’re focused on aligning our operational and value chain business practices with science-based methodology. We have set ambitious 2030 targets approved by the Science Based Targets initiative (SBTi) as consistent with levels required to stay below 1.5 ° C of warming and avoid the most catastrophic impacts of climate change. We will assess our ability to establish a 2050 net- zero target when the SBTi finalizes its methodology. However, achieving global net-zero emissions by 2050 will require new investments, technology and international cooperation. We believe business, governments and society must work together to avoid the worst impacts of the climate crisis. At Altria, we are committed to doing our part and engaging responsibly with governments and society to limit the damaging impacts of climate change. SBTi & Net-zero The SBTi validates that company plans to reduce GHG emissions are in-line with what the latest science deems necessary to keep global temperature below 1.5 ° C of warming above pre-industrial levels. This is the temperature scientists have determined we must stay below to avoid catastrophic climate change impacts, including intense drought, storms, heat waves and ocean changes that would threaten the lives and livelihoods of billions across the planet. According to the United Nation’s body for assessing the science related to climate change, the Intergovernmental Panel On Climate Change (IPCC), to stay below 1.5 ° C of warming the world must reach net-zero emissions by 2050, followed by net-negative emissions. As stated by the IPCC, the largest source of global emissions comes from burning fossil fuels including oil, coal and natural gas. Intergovernmental Panel on Climate Change. August 2021. Climate Change 2021 the Physical Science Basis.
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