| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 33 | 60% | 37% | 3% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 31 | 67% | 31% | 2% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 31 | 65% | 34% | 1% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 30 | 68% | 31% | 1% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 31 | 68% | 28% | 3% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 40 | 46% | 43% | 11% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 42 | 40% | 39% | 21% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 48 | 34% | 36% | 30% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
V030 - Invoices are paid 30 days net from the invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
75
If suppliers have any queries related to invoices and payments they can contact fsd_uk@bat.com, which acts as an information center. FSD UK will provide details such as status of invoices, date of payments and statement of account reconciliations. For any dispute related to the terms and conditions agreed, FSD UK will direct the suppliers to the relevant BAT personnel to obtain information about their query.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
British-American Tobacco (Holdings) Limited is a multinational tobacco company with operations in over 180 countries. The company's sustainability program is focused on reducing its environmental impact and promoting responsible practices throughout its supply chain.
One of the key initiatives of the sustainability program is the company's commitment to reduce its carbon footprint by 50% by 2030. This includes implementing energy-efficient technologies and promoting the use of renewable energy sources. The company also aims to achieve zero waste to landfill in all its manufacturing sites by 2025.
In terms of products and services, British-American Tobacco (Holdings) Limited offers a wide range of tobacco products, including cigarettes, cigars, and smokeless tobacco. The company also has a portfolio of potentially reduced-risk products, such as tobacco heating and oral nicotine products.
The key people at British-American Tobacco (Holdings) Limited include Jack Bowles, the CEO, and Tadeu Marroco, the Chief Marketing Officer. They are supported by a team of experienced executives and managers.
The company's registered office address is Globe House, 1 Water Street, London, WC2R 3LA, United Kingdom. For more information on their sustainability program, products, and services, please visit their official website at www.bat.com.