Today News Journal
    What's Hot

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Today News Journal
    Contact Us
    • Home
    • Trending
    • Business
    • Health
    • Technology
      • Automobile
      • Gadgets
      • Mobiles
      • Robotics
    • Lifestyle
      • Culture
    • Sports
    • Travel
    • Editorials
    • News
      • Politics
    Today News Journal
    Home » Business » Vuse Makes Waves As The First Global Carbon Neutral Vape Brand
    Business

    Vuse Makes Waves As The First Global Carbon Neutral Vape Brand

    James MartinBy James MartinJuly 23, 2021No Comments7 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    – Thames voyage officially marks BAT’s Vuse becoming the first global carbon
    neutral vape brand[1]

    – Latest step in BAT’s ambitious target to be carbon neutral across its own
    operations by 2030

    – Supports BAT’s corporate purpose of building A Better Tomorrow(TM)

    BAT’s Vuse celebrates its position as the first global carbon neutral vape brand with a carbon neutral summer voyage down the Thames in London, home of BAT’s global headquarters.

    The event underscores Vuse’s commitment to carbon neutrality and its various supporting initiatives. For instance, in utilising substantial sea freight as part of its global supply chain, the aim is to move the majority[2] of Vuse’s global shipments by sea freight by the end of next year.

    Kingsley Wheaton, Chief Marketing Officer at BAT, said: “I am proud of the way that Vuse is playing its part in delivering A Better Tomorrow by reducing its impact on the environment.

    “Vuse is a leading global brand with ever-increasing scale, which allows us to drive global supply chain efficiencies and effectiveness. I am delighted that, in Vuse, we are demonstrating the kind of purposeful behaviour expected from leading brands of the world. This commitment will play a part in our vision of A Better Tomorrow becoming a reality.”

    Notes to editors

    Vuse’s carbon neutrality was certified by BAT’s sustainability partner, Vertis, in May 2021 as a world-first global vape brand achievement and a significant contribution to BAT’s ambitious climate targets, including carbon neutrality across its own operations by 2030. The achievement builds on BAT’s strong ESG foundations which are deeply embedded in its business, its people and its culture. In 2020 alone, BAT achieved a 30.9% reduction in emissions from its operations, contributing to a 37.4% reduction against a 2017 baseline. In March 2021, BAT announced a further ambition to be carbon neutral across its value
    chain by 2050, representing around 90% of its total carbon footprint.

    Vuse’s carbon neutrality status, and ambition to increase sea freight, is part of a bigger ambition to become an environmentally sustainable vape brand with initiatives including:

    —  A global device and pod collection scheme – through BAT’s Drop the Pod campaign, approximately 200k pods were collected since the start of the pilot in 2020

    ffectiveness–  Cutting single use plastics from packaging – Cut the Wrap has saved 100 tonnes of plastic, or the equivalent of four million plastic bottles in
    2020[3]

    BAT has reduced its carbon usage by 30% in the last year[4]. It has been reducing its carbon footprint by:

    —  Improving the energy efficiency of factories by upgrading to more efficient and lower-impact equipment

    —  Increasing the use of renewable energy through renewable energy purchases and on-site energy generation. On-site solar energy is used in factories in eight countries and two new installations are planned this year.

    —  Driving external certification for carbon neutrality – three of BAT’s major sites are going through external certification for carbon neutrality.

    BAT is committed to its purpose of building A Better Tomorrow(TM) by reducing the health impact of its business through providing a range of enjoyable and less risky products*.

    BAT’s sustainability efforts and commitment have received notable independent recognition. These include inclusion in the Dow Jones Sustainability Indices [https://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DOBVDT5D] for 19
    consecutive years (the only tobacco company to be listed in the prestigious World Index in 2020), a MSCI rating of BBB and CDP A List status for climate
    change.

    Vuse’s carbon neutrality is part of BAT’s overall carbon reduction ambitions and has been independently validated by Vertis based on product Life Cycle Assessment data provided by an independent third party. Today’s voyage down the Thames was carbon neutral.

    About BAT?

    BAT is a leading, multi-category consumer goods business with a purpose to build A Better Tomorrow by reducing the health impact of its business through offering a greater choice of enjoyable and less risky products for adult consumers. The company continues to be clear that combustible cigarettes pose serious health risks, and the only way to avoid these risks is not to start or to quit. BAT encourages those who would otherwise continue to smoke to switch completely to scientifically-substantiated, reduced-risk alternatives*. In order to deliver this, BAT is transforming into a truly consumer-centric multi-category consumer products business. BAT employs over 53,000 people and operates in over 180 countries, with 11 million points of sale and 45 factories in 43 markets. The
    company’s Strategic Portfolio is made up of its global cigarette brands and a growing range of reduced-risk* New Category tobacco and nicotine products and
    traditional non-combustible tobacco products. These include vapour, tobacco heating products, modern oral products including tobacco-free nicotine pouches,
    as well as traditional oral products such as snus and moist snuff. In 2020, we had 13.5 million consumers of our non-combustible products, a rise of 3 million
    on the year before. The BAT Group generated revenue of ?25.8 billion in 2020 and profit from operations of ?9.9 billion.

    *Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive.

    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 “Forward-looking statements” and “Group
    Principal Risks ” in the 2020 Annual Report and Form 20-F of British American Tobacco 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 [http://www.sec.gov/] and BAT’s Annual Reports, which may be obtained free of charge from the British American Tobacco website www.bat.com [http://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 BAT 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.

    [1] Based on ePod, ePen, eTank mini, Alto devices and consumables internal sales forecast (calculated March 2021) for 12 months starting from April 2021

    [2] Vuse aims to have 80% of international shipments transported by sea by the end of 2022.

    [3] Plastic saving per annum was calculated from 2020 global sales volumes and the plastic bottles comparison was based on a 22.9g bottle weight, representative weight of 500ml commercially available soft drink bottles (May 2020). Results have been verified by an independent body.

    [4] BAT_ESG_Report_2020.pdf [https://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DOAWWEKR/$file/BAT_ESG_Report_2020.pdf?open&v=1]

    page 125

    Photo – https://mma.prnewswire.com/media/1579750/BAT_Vuse_Thames_Cruise.jpg
    Photo – https://mma.prnewswire.com/media/1579749/BAT_Vuse_Thames_Carbon_Neutral_Vape.jpg

    Source: BAT

    Related posts:

    1. Velo Labs, Tempo Payments, And Bitazza Open Up A $17bn Remittance Corridor Between Europe And Thailand With The Stellar Blockchain
    2. Chateau Quintus Grows With The Acquisition Of Chateau Grand-Pontet
    3. Binance Recruits First Chief Communications Officer As It Continues Evolution Into A Global Financial Institution
    4. PR Newswire’s Business & Finance Media Pitching Kit 2021 (APAC Edition) Shares News and Trends on the Radar of Journalists
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleAthletes show commitment to building a peaceful world by signing the Olympic Truce Mural
    Next Article Animated Film Inspired By Olympic Values Set For Worldwide Release
    James Martin
    • Website

    Related Posts

    The Future Of Paper Bags: Trends And Innovations

    February 20, 2023

    The Social Benefits of Cycle Stands

    February 18, 2023

    Is Loughton A Good Choice For Raising A Family?

    January 31, 2023

    A Brief Introduction To Local SEO Citation

    April 28, 2022

    Leave A Reply Cancel Reply

    Search
    Categories
    • Automobile
    • Business
    • Coronavirus
    • Culture
    • Editorials
    • Finance
    • Gadgets
    • Health
    • Lifestyle
    • Mobiles
    • Money
    • News
    • Politics
    • Sports
    • Technology
    • Travel
    • Trending
    • World
    Latest Posts

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023

    Lindsay Lohan, Jake Paul face SEC charges over crypto ads

    March 23, 2023
    • Facebook
    • Twitter
    Don't Miss
    News

    Belvidere Jeep factory shuts down in one casualty of EV transition

    By James MartinMarch 23, 20230

    Workers and small businesses in Belvidere, Ill., are dealing with the aftermath of mass layoffs,…

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023

    Lindsay Lohan, Jake Paul face SEC charges over crypto ads

    March 23, 2023
    • Facebook
    • Twitter
    About Us

    Hello friends, I am James Martin. Welcome to my blog todaynewsjournal.com. We are a team of experienced journalists who are passionate about delivering the latest news and current events to our readers. Our editorial team is dedicated to providing the most accurate and up-to-date information possible. We aim to be your go-to source for news and current events. Here on this site, You will get up to date information regarding all important categories like business ideas, health tips,... (Read More)

    Latest News

    Belvidere Jeep factory shuts down in one casualty of EV transition

    March 23, 2023

    When a client is a little too curious about the work you do

    March 23, 2023

    Filed an amended tax return with the IRS? You have a 20-week wait.

    March 23, 2023
    SIGN UP NEWSLETTER

    Join The Conversation sign up to receive emails for The Daily special tips general info.

      Facebook Twitter Instagram Pinterest
      • Home
      • Editorials
      • Get In Touch

      Copyright © 2021-2023 · Today News Journal Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.

      We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
      Cookie SettingsAccept All
      Manage consent

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
      CookieDurationDescription
      cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
      cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
      cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
      cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
      cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
      viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
      Functional
      Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
      Performance
      Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
      Analytics
      Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
      Advertisement
      Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
      Others
      Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
      SAVE & ACCEPT

      Sign In or Register

      Welcome Back!

      Login to your account below.

      Lost password?