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̽ (BAT) receives “Triple-A” rating from CDP for strong environmental leadership

PRESS RELEASE

10 FEBRUARY 2025

̽ (BAT) receives “Triple-A” rating from CDP for strong environmental leadership

  • ̽receives "Triple-A" rating by CDP for its disclosures on Climate Change, Water Security, and Forests.
  • CDP "Triple-A" rating reflects BAT’s commitment to climate action and environmental stewardship.


̽is pleased to announce that it has received a “Triple-A” rating from CDP for its disclosures on climate change, forests, and water security — placing ̽among the leading companies in environmental transparency and action.

Donato Del Vecchio, Chief Sustainability Officer at ̽said:
“The ‘Triple-A’ rating from CDP reflects our commitment to environmental transparency and performance as we progress towards our science-based targets. As we transform our business, we remain steadfast on our vision of building A Better Tomorrow.

“CDP’s recognition elevates our efforts to date as we strive to deliver meaningful change and impact throughout our value chain.”

Zafar Khan, Group Director of Operations at ̽said:
“The transformation of our own operations and those of our suppliers is critical to achieving our environmental targets as we strive towards a low carbon economy.

“Achieving CDP's ‘Triple-A’ rating validates our unwavering commitment to environmental stewardship. I am proud of our performance to date and of CDP’s recognition, which is a result of the Group’s collective efforts over the years”.

CDP is a respected global non-profit organisation that supports companies to measure and manage its environmental impact. Graded on a scale from A (leadership level) to D (disclosure level), companies are ranked on their environmental performance and sustainability initiatives. CDP’s ratings are widely regarded as a benchmark for environmental responsibility, trusted by corporations, investors, and governments worldwide.

BAT’s Journey to Environmental Excellence:

2024: Achieved "Triple-A" rating for Climate Change, Water Security, and Forests.
2023: Earned an A- rating across all three categories.
2022: Secured an A for Climate Change, and A- for both Water Security and Forests.

Enquiries

Media Centre
+44 (0) 20 7845 2888 (24 hours)| press_office@bat.com |

Investor Relations
Victoria Buxton: +44 (0)20 7845 2012|IR_team@bat.com

Forward-looking statements

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 “Cautionary Statement” and "Group Principal Risks " in the 2023 Annual Report and Form 20-F of ̽ 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’s Annual Reports, which may be obtained free of charge from the ̽website.

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 ̽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.