British American Tobacco pledges ongoing commitment to ‘Shared Value’ in 2014 Sustainability Summary report
27 March 2015
British American Tobacco today publishes its latest ‘Value Shared’ Sustainability Summary report detailing how the company is investing in a sustainable future for its business and society.
The new report covers how, in 2014, the company has enhanced its approach with the development of a new sustainability agenda focused on the most important issues for the business and its stakeholders – harm reduction, sustainable agriculture and farmer livelihoods, and corporate behaviour – with clear commitments to:
Nicandro Durante, Chief Executive, comments: “Sustainability is not a choice or something that is ‘nice to have’ – it is crucial to securing the future of our company and for creating shared value for our consumers, our shareholders and our stakeholders.”
The concept of shared value – making sure that what it does as a business benefits both shareholders and society – underpins the company’s whole approach to sustainability.
As a major international business in a controversial sector, British American Tobacco has a long history of focusing sustainability and has been producing independently assured reports since 2001. It has made significant progress in that time – reflected by the Group’s inclusion in the Dow Jones Sustainability Index (DJSI) for the last 13 years, 12 of which as industry leader.
Nicandro Durante, Chief Executive, explains: “These areas are not only where we face some of our biggest challenges, but also where I see the greatest opportunities. They can add value to society, as well as helping to ensure we deliver our Group strategy and BAT continues to grow and thrive in the long term.”
For more information and to download the report, go to www.bat.com/sustainability .
British American Tobacco’s reporting is independently assured by Ernst & Young LLP and it continues to present its reporting in innovative and engaging ways – as well as the 18-page Summary, the report is also available as an interactive PDF and in a free app for iPads and Android tablets, including additional animated content and videos. Detailed performance information, including progress against goals, data charts and Global Reporting Initiative (GRI) G4 reporting, can be found online.