The main reason for this decision is money. The company faced a massive outflow of investors due to non-compliance with its sustainable development policy, which means improving human living and working conditions, including the rejection of child labour. Moreover, such a policy obliges companies to do everything to reduce harmful effects on the environment.
And now IPM is hoping for a return from all investors because such a trend has already been outlined. At the same time, the manufacturer does not comment on the health benefits of electronic cigarettes and nicotine packs.
“PMI is moving away from cigarette production in favor of less harmful alternatives, which accounted for about a third of the company’s revenue last year, to comply with its sustainability strategy,” Olczak said.
Source: Ferra
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