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MarketScreener Homepage  >  Equities  >  Nyse  >  Philip Morris International, Inc.    PM

PHILIP MORRIS INTERNATIONAL, INC.

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International Day of Women and Girls in Science: Why we must strive for a better balance

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02/11/2020 | 04:33am EDT

For me, science was a calling from a young age.

And, to be perfectly honest, I was probably unaware of the gender imbalance in my chosen field. It was not the mainstream topic it rightly is now. In any case, my passion for a career in scientific research largely blinded me to the dearth of women above me. I think I simply took it as the norm back then.

Science was my life. And I was intent on changing other's lives for the better.

After receiving my PhD in Pharmaceutical Sciences from the University of Strathclyde, I took my first steps into the professional realm and never looked back.

Only after a few years of professional experience did I find myself troubled by the scarcity of female scientists.

According to the UNESCO Institute for Women, less than 30 percent of researchers worldwide are women. Their webpages on this subject are filled with information and resources for improving this disappointing figure.

With limited numbers in decision-making roles and management-level Science, Technology, Engineering, and Mathematics (STEM) jobs, there is a danger that the gender gap will only widen. This would be a tragic waste of human potential. Just as seriously, the talent that is lost to our profession could have implications for the future of our global economy. How many female innovators are not making it into the influential positions where they could help make the world a better place?

Although more girls are attending school than ever before, UN Women data shows they are significantly under-represented in STEM subjects, and they appear to lose interest in them as they reach adolescence.

It's not good enough to rely on the impassioned voice of a 17-year-old Swedish climate activist to pique the scientific interests of girls. It requires investment, resources, inspirational education, and roles models. And all of this must be accompanied by societal change.

At PMI, we are working to improve gender equality - with a target of 40 percent of management positions to be held by women by 2022 - but we realize there's a lot of room for improvement.

That's why International Day of Women and Girls in Science - this year taking place on February 11th - is so important. It raises the gender gap issue on a global scale. It encourages greater female representation in a future job market which will be driven by science, technology and innovation.

It's an opportunity to shine a light on areas of obvious weakness.

Gender equality in STEM industries is critical if we're to find solutions to the health and environmental threats we face in our rapidly evolving world.

I have first-hand experience of what's necessary to make a positive difference to hundreds of millions of lives. A vital factor is a scientific workforce that reflects our society.

So, I appeal to every man and woman of science to get involved on February 11th and shout about International Day of Women and Girls in Science at the top of their voices. It's vital we make the whole world hear.

Disclaimer

Philip Morris International Inc. published this content on 11 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2020 09:32:00 UTC

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Financials (USD)
Sales 2020 30 187 M
EBIT 2020 12 196 M
Net income 2020 8 453 M
Debt 2020 23 009 M
Yield 2020 6,47%
P/E ratio 2020 13,7x
P/E ratio 2021 12,6x
EV / Sales2020 4,60x
EV / Sales2021 4,36x
Capitalization 116 B
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 87,90  $
Last Close Price 74,34  $
Spread / Highest target 41,2%
Spread / Average Target 18,2%
Spread / Lowest Target -12,6%
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André Calantzopoulos Chief Executive Officer & Director
Louis C. Camilleri Chairman
Jacek Olczak Chief Operating Officer
Martin G. King Chief Financial Officer
Patrick Brunel Chief Information Officer & Senior Vice President
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