Compliance
In 2023, PMI began its Legal & Compliance integration efforts with Swedish Match to ensure that PMI’s standards and requirements are also applied across Swedish Match entities.
In 2023, integration efforts between Swedish Match and PMI Legal & Compliance function continued to focus on ensuring that PMI’s standards and requirements were also applied across Swedish Match entities, including through the launch of the PMI Code of Conduct to the Swedish Match organization and an elearning course for office-based employees. These efforts continued throughout 2024 with the launch of inperson PMI Code of Conduct training for Swedish Match's factory-based employees. As of December 2024, 96 percent of Swedish Match employees have completed training on PMI's Code of Conduct. Within Swedish Match AB, the completion rate was 95 percent.
While PMI’s Code of Conduct sets clear standards and expectations and is closely aligned with the group’s business transformation strategy and industry best practices, internal PMI policies provide more specific guidance on topics such as: anti-bribery and anti-corruption, anti-competitive practices, conflicts of interest, information protection security and data privacy, responsible marketing and sales, scientific integrity, supply chain responsibility, and workplace integrity. In 2024, several of these PMI compliance policies were launched within Swedish Match: PMI 02-C (Global work place integrity), PMI 03 (Personal data protection), PMI 05-C (Competition), PMI 13-C (Global Conflicts of Interest), PMI 14-C (Global Anti-corruption), PMI 16-C (Global Speak-Up Policy), PMI 17-C (Insider Trading), PMI 43-C (Global non-discrimination and antiharassment).
For more information, please refer to PMI’s Integrated Report.
