Deep Dive

How profitable are tobacco companies?


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We discuss the British American Tobacco (BAT) 2024 Annual Report details the company's financial performance, governance, and sustainability initiatives. It outlines BAT's strategic shift towards "A Better Tomorrow" by focusing on smokeless products and reducing the health impact of its business. 

The report covers financial statements, risk factors, remuneration policies, and compliance efforts, including the Supplier Code of Conduct and environmental policies. BAT's commitment to diversity, inclusion, and fair remuneration is highlighted, alongside its efforts to address climate change and promote responsible marketing. 

The document serves as a comprehensive overview for investors, providing insights into BAT's financial health, strategic direction, and approach to long-term sustainability.

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Deep DiveBy DeepDiveDotEarth