Multinational Survey by Philip Morris International Demonstrates Need for Greater Collaboration to Advance Innovation

Rhea-AI Summary

Philip Morris International (NYSE: PM) commissioned a multinational survey revealing strong public belief in innovation's potential to address critical issues. The survey, conducted by Povaddo across 10 countries, shows that 76% of people are excited about technology's opportunities, while 74% agree that debate on innovations is polarized.

Key findings include that 71% believe innovation can enable vaccine development, and 62% think it can ensure affordable healthcare. However, only 49% believe in innovation's capacity to reduce smoking rates. The survey highlights significant challenges, with 80% of respondents citing misinformation as a barrier to progress, and 64% worried about the rapid pace of technological change.

Citizens strongly support government action, with 90% emphasizing the importance of ensuring public access to accurate information and establishing clear regulations. Additionally, 87% want governments to tackle misinformation, and 83% support public-private sector collaboration.

Eight in 10 people believe misinformation undermines the adoption of critical innovations

Nine in 10 people say it’s important for governments to ensure public access to accurate information about innovations and to establish clear and fair regulations

STAMFORD, CT--(BUSINESS WIRE)-- The challenges facing our world can overwhelm, but most people strongly believe in innovation’s potential to address the most critical issues in the next 10–20 years, according to the results of a new independent survey commissioned by Philip Morris International Inc. (NYSE: PM). Conducted by Povaddo in 10 countries in Africa, the Americas, Asia, and Europe, the survey and resultant white paper “Innovation Under Pressure: Navigating Complexity to Drive Change” explore the challenges innovation must overcome to drive societal change, including misinformation, outdated biases, and policymakers’ inability to keep up with rapid technological advances.

The multinational survey provides valuable insights into public perceptions of innovation and the challenges obstructing progress. For instance, around three in four respondents (71%) believe disruptive innovation can enable vaccine development and deployment, and nearly two-thirds (62%) think innovation can ensure quality and affordable healthcare for all. Opinions are more divided on innovation’s capacity to reduce smoking rates (49%) and illegal drug use (43%), reflecting the complexities and entrenched beliefs associated with these issues.

While citizens are excited about the opportunities technology and innovation can bring in the next few years (76% agree), most (74%) also agree the debate on new innovations is polarized causing consumer confusion. Moreover, eight in 10 people across the 10 countries say misinformation is undermining progress.

“We are a company that has leaned heavily into science and technological innovation to create better alternatives to cigarettes, to the benefit of public health globally,” said Jacek Olczak, CEO of Philip Morris International. “And yet, sometimes it seems that the faster we move adult smokers away from cigarettes (by far the most harmful form of nicotine use), the more pushback we get. The bulk of this opposition stems from misunderstanding. Before dismissing an innovation’s potential, it’s vital that people—policymakers especially—take the time to review the scientific and public health evidence and make decisions grounded in facts rather than outdated assumptions.”

Mr. Olczak added: “The body of evidence supporting smoke-free alternatives to cigarettes is growing. Look at Sweden, which boasts the lowest smoking rate in Europe, or Japan, which has seen the prevalence of cigarette smoking drop 45% since 2014—the year heated tobacco products were introduced in that market. In any other industry, embracing such innovations and allowing them to displace more harmful products would be considered common sense. Unwarranted opposition by a small chorus of voices should not be allowed to hinder progress for the world’s estimated 1 billion adult smokers and public health.”

The sheer pace of innovation in the 21st century brings a spate of challenges. Indeed, around two-thirds of study participants (64%) worry that technological change is coming on too fast for society and economies to adapt. Respondents also pointed to insufficient information on the benefits and risks of these innovations, public skepticism and mistrust (often fueled by social media), and thorny ethical concerns. Citizens want their governments to act to speed the adoption of advancements poised to have a positive impact. A strong majority (90%) of respondents say it’s important for governments to ensure public access to accurate information about innovations and to establish clear and fair regulations. Additionally, 87% emphasized the importance of governments tackling misinformation, 83% highlighted the criticality of collaboration between the private and public sectors, and 82% percent cited the need to foster an open and balanced public debate on emerging innovations.

The “Innovation Under Pressure: Navigating Complexity to Drive Change” white paper provides a comprehensive analysis of the current innovation landscape, highlighting opportunities and challenges in industries including clean energy, AI, and biotechnology. In it, PMI calls on governments, public health authorities, and civil society to embrace positive change and engage in good faith dialogue grounded in science and evidence. By bringing relevant parties together to address the complexities involved, society can unlock the full potential of innovation to drive positive change and address some of humanity’s most pressing issues.

Survey Methodology

The white paper is based on an international survey conducted by Povaddo between December 13 and 27, 2024. The survey included 10,250 general population adults aged 21 and older in 10 countries: Argentina, Brazil, France, Italy, Mexico, South Africa, South Korea, Spain, the United Kingdom, and the United States. The results are accurate to a margin of error of ±1 percent at the overall level.

Philip Morris International: Delivering a Smoke-Free Future

Philip Morris International (PMI) is a leading international tobacco company, actively delivering a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested over $12.5 billion to develop, scientifically substantiate, and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. In 2022, PMI acquired Swedish Match—a leader in oral nicotine delivery—creating a global smoke-free champion led by the companies’ IQOS and ZYN brands. The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products. Renewal applications for these IQOS products are pending before the FDA. As of June 30, 2024, PMI’s smoke-free products were available for sale in 90 markets, and PMI estimates that 36.5 million adults around the world use PMI’s smoke-free products. The smoke-free business accounted for approximately 38% of PMI’s total first-nine months 2024 net revenues. With a strong foundation and significant expertise in life sciences, PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and aims to enhance life through the delivery of seamless health experiences. References to “PMI,” “we,” “our,” and “us” mean Philip Morris International Inc., including its subsidiaries. For more information, please visit www.pmi.com and www.pmiscience.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250122396647/en/

Philip Morris International

David Fraser

T. +41 (0)58 242 4500

E. david.fraser@pmi.com

Source: Philip Morris International

FAQ

What are the key findings of PM's 2024 innovation survey across 10 countries?

The survey found that 76% are excited about technology's opportunities, 71% believe innovation can enable vaccine development, and 62% think it can ensure affordable healthcare. However, only 49% believe in innovation's capacity to reduce smoking rates.

How does misinformation impact innovation adoption according to PM's survey?

According to the survey, 80% of respondents across 10 countries say misinformation is undermining progress and adoption of critical innovations, causing consumer confusion and polarized debates.

What percentage of PM's revenue came from smoke-free products in 2024?

Smoke-free products accounted for approximately 38% of Philip Morris International's total first-nine months 2024 net revenues.

How many markets offer PM's smoke-free products as of June 2024?

As of June 30, 2024, PM's smoke-free products were available for sale in 90 markets, with an estimated 36.5 million adult users worldwide.

What do citizens want governments to do about innovation according to PM's survey?

90% want governments to ensure public access to accurate information and establish clear regulations, 87% want them to tackle misinformation, and 83% support public-private sector collaboration.