The first Tobacco Transformation Index™ found that a small group of tobacco companies made public commitments to harm reduction, but none had shifted their focus enough to ensure the accelerated decline of cigarettes and other high-risk products*. In a blog article published in September 2021, covering half-year results, we found that reduced-risk products* still formed […]

In September 2021, Swedish Match AB announced that it plans to spin off its cigar business and become an entirely “smokefree” company. The spin-off is targeted for completion by the second half of 2022. As Table 1 illustrates, cigars currently represent 28% of Swedish Match’s revenue, with the remainder of its portfolio mostly comprising oral […]

The first Tobacco Transformation Index™ found that a small group of tobacco companies made public commitments to harm reduction, but none have shifted their focus enough to ensure the accelerated decline of cigarettes and other high-risk products. A review of recently published first-half 2021 reports from six of the major tobacco companies indicates that reduced-risk […]

Improper government policies related to tobacco can lead to increased consumption among the poor, erosion of tax revenues, and, worryingly, a surge in criminal activity that can be difficult to control. Recent articles have exposed inherent conflicts regarding smoking in South Africa. We view the signals there as being explosive, seriously underplayed in the media, […]

A Keynote Speech from the 2021 global tobacco and nicotine forum Download PDF https://www.youtube.com/watch?v=mpGkl3d3BWg We are amid a revolution in nicotine technology. Thanks to massive investments in research and development, patents are being filed at a dizzying pace and the ramifications of this IP are being felt in the real world. Already, 100 million people […]