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BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD

(BAT)
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British American Tobacco Malaysia : BAT Malaysia head office goes green

12/11/2020 | 03:15am EDT

The Group has made significant progress on its sustainability journey, as reflected by its presence in the Dow Jones Sustainability Indices for many years and the other notable independent recognition it has received.

BAT's strategy has evolved with the purpose of delivering A Better Tomorrow for all our stakeholders. At its heart, the strategy is about anticipating and satisfying the ever-evolving consumer: providing pleasure, reducing risk and offering increasing choice.

Central to the strategy is the Group's updated sustainability agenda which reflects our changing external environment. Specifically, we are clear that reducing the health impact of our business is our principal focus area, as well as placing a greater emphasis on the importance of addressing climate change and excellence in environmental management. At the same time, we remain committed to delivering a positive social impact and ensuring robust corporate governance across the Group.

BAT Malaysia head office goes green

Having a LEED certification means the BAT Malaysia office not only runs on less energy and is more efficient, but prioritises employee health and well-being, while also creating a more productive workforce.

BAT is committed to making a step change in its sustainability ambition. It has announced stretching targets that it is confident will accelerate its purpose to deliver A Better Tomorrow for all stakeholders, including:

  • increasing consumers of non-combustible products to 50 million by 2030
  • achieving carbon neutrality by 2030 and accelerating the Group's existing environmental targets to 20225
  • eliminating unnecessary single-use plastic and making all plastic packaging recyclable by 2025.

You can read more about BAT's sustainability agenda and progress against it in the Group's latest Sustainability Strategy Report and ESG Report .

Disclaimer

British American Tobacco (M) Bhd published this content on 11 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 December 2020 08:14:02 UTC


© Publicnow 2020
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Sales 2021 2 420 M 573 M 573 M
Net income 2021 277 M 65,5 M 65,5 M
Net Debt 2021 519 M 123 M 123 M
P/E ratio 2021 14,9x
Yield 2021 6,37%
Capitalization 4 117 M 973 M 975 M
EV / Sales 2021 1,92x
EV / Sales 2022 1,88x
Nbr of Employees 2 205
Free-Float 43,3%
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Mean consensus HOLD
Number of Analysts 14
Last Close Price 14,42 MYR
Average target price 14,99 MYR
Spread / Average Target 3,95%
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Managers and Directors
Jonathan Darlow Reed MD & Non-Independent Executive Director
Ignacio Ballester Finance Director & Non-Independent Director
Aseh bin Che Mat Chairman
C. K. Remeena Prabhakaran Operations Director
Zainun Aishah binti Ahmad Independent Non-Executive Director
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