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Risky products require a high priority business strategy for reducing
the harmful effects. British American Tobacco is striving to make
its products safer. One possible approach is to reduce the chemical
constituents thought to cause disease; another is to dilute tobacco
smoke with other kinds of less harmful smoke. It would help if regulators
worked more closely with the companies involved to reduce the risks.
Features of note include:
Stakeholders
require the company to introduce safer brands in developing countries
where it has high market share
The
application of science to help crack the problem. It would be interesting
to know what proportion of the group’s income is devoted to trying
to find technical solutions to mitigate the health risks to smokers
The
recognition that the development of low-tar cigarettes is only one
phase in a programme of research into safer products
The
aspiration to produce a new generation of cigarettes with mass appeal
that would pose reduced health risks to smokers.
Simon Webley, Institute of
Business Ethics
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