Shares of Philip Morris International Inc. (NYSE:PM) ended Thursday session in green amid volatile trading. The shares closed up +0.18 points or 0.19% at $96.23 with 2.57 million shares getting traded. Post opening the session at $96.29, the shares hit an intraday low of $95.88 and an intraday high of $96.58 and the price vacillated in this range throughout the day. The company has a market cap of $148.68 billion and the numbers of outstanding shares have been calculated to be 1.55 billion shares.
Philip Morris International Inc. (PM) recently is recognized as a global leader in its action on climate change. For the third successive year, the company is on the CDP’s ‘Climate A List’ for taking comprehensive action to reduce greenhouse gas emissions and mitigate climate change, and for its transparent disclosure process.
CDP, formerly known as the Carbon Disclosure Project, is the leading international not-for-profit organization assessing the work of companies worldwide in the area of climate change. Thousands of businesses submit annual climate disclosures to CDP for independent assessment against its scoring methodology.
PMI’s ranking places the company among the top 9% of corporations, known as “A Listers.” CDP’s Climate Change benchmark report is produced at the request of 827 shareholders with assets of US$100 trillion.
Shares of Hanesbrands Inc. (NYSE:HBI) ended Thursday session in red amid volatile trading. The shares closed down -0.51 points or -2.11% at $23.67 with 4.63 million shares getting traded. Post opening the session at $24.21, the shares hit an intraday low of $23.60 and an intraday high of $24.27 and the price vacillated in this range throughout the day. The company has a market cap of $8.95 billion and the numbers of outstanding shares have been calculated to be 377.95 million shares.
Hanesbrands Inc. (HBI) recently declared that it has voluntarily revealed its carbon emissions and related information for the CDP 2016 Climate Change Report and earned an above-average score of B.
Hanes has voluntary stated its emissions data since 2010 to CDP, formerly known as the Carbon Disclosure Project, for its report.
The company posted better performance in the 2016 report than the apparel industry average and overall program average in all CDP reporting categories: governance and strategy, risk and opportunity administration, emissions administration and verification.
Hanes, unique in the apparel industry because it owns the noteworthymajority of its manufacturing and supply chain operations, achieved its CDP score for its transparency and by managing emissions, implementing best practices and taking coordinated action on climate-change issues.