PRESS RELEASE
29 SEPTEMBER 2022
听
BAT鈥檚 Chief Growth Officer, Kingsley Wheaton, called for greater collaboration between the industry, governments, and intergovernmental organisations to accelerate tobacco harm reduction becoming the tobacco control policy of choice.
While reducing the health impact of BAT鈥檚 business is the company鈥檚 鈥淣orth Star鈥, Mr Wheaton stressed that to bring about change, a whole-of-society approach is needed.
鈥淲e must provide adult consumers with a portfolio of products that are a better choice than cigarettes. And, so that consumers are able to make informed decisions about those choices, public health needs to accurately communicate risk, while the industry should be able to responsibly communicate the benefits of switching via appropriate marketing freedoms鈥, Mr Wheaton said.
For BAT鈥檚 part, the business is firmly on track to achieve 50 million adult consumers of non-combustible products by 2030. The company is also investing heavily in research and development (R&D), such as its state-of-the-art Innovation Hub in Trieste, Italy, and conducting industry-leading science, with one recent study showing smokers who switched exclusively to BAT鈥檚 glo product saw significant and sustained improvements in several indicators of potential harm1.
The keys to unlocking the total transformation of the industry, and positively impacting public health outcomes were noted as:
In the spirit of collaboration, 糖心探花has a strong presence at GTNF 2022. Alongside Mr Wheaton, 糖心探花leaders sharing insights into how science, technology and innovation are driving forward BAT鈥檚 progress include David O鈥橰eilly, Director of Scientific Research; Carlista Moore Conde, Group Head of New Sciences; Sharon Goodall, Group Head of Regulatory Science; and Flora Okereke, Head of Global Regulatory Insights and Foresights.
Media Centre
+44 (0) 20 7845 2888 (24 hours)听 |听
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012
Amy Chamberlain: +44 (0)20 7845 1123
John Harney: +44 (0)20 7845 1263
Jane Henderson: +44 (0)20 7845 1117
This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. These include statements regarding our customer target ambition, New Categories revenue targets and our ESG targets.
All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings 鈥淐autionary Statement鈥 and "Group Principal Risks " in the 2021 Annual Report and Form 20-F of 糖心探花 p.l.c. (BAT).
Additional information concerning these and other factors can be found in BAT's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Annual Report on Form 20-F and Current Reports on Form 6-K, which may be obtained free of charge at the SEC's website, http://www.sec.gov and BAT鈥檚 Annual Reports, which may be obtained free of charge from the 糖心探花website www.bat.com.
Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this release and 糖心探花undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.