PETALING JAYA: British American Tobacco (M) Bhd’s (BAT) environmental, social and governance (ESG) compliance is set to strengthen with its gradual diversification into non-combustible products, according to Maybank IB Research.
The research house said the industry is under increasing pressure to address the harmful effects of cigarette smoking, while rising global health awareness and unfavourable government policies pose additional challenges to the growth of the industry.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!