Vector Group
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Vector Group is small potatoes next to Big Tobacco, but it’s reaching into new niches. The holding company’s Liggett Group makes discount cigarettes under brands including Liggett Select, Grand Prix, Pyramid, and Eve, and several private-label brands of cigarettes for other companies, including the USA brand. The group is also engaged in developing “reduced risk cigarette products” through its Vector Tobacco (VT) subsidiary. VT launched the QUEST brand, a line of low-nicotine and nicotine-free cigarette products, in 2003 but exited the business in 2009. The firm’s real estate arm, New Valley, owns a 50% stake in the New York City broker Douglas Elliman Realty. It’s looking to acquire other properties.
0.60
Overall Excellence Rating
Industry
ManufacturingCategory
Consumer Product ManufacturingESG/Ethical Impact
Making People Happy by Delivering Excellent Products, Services and Solutions to the World. The VECTOR Group has been providing diverse value to society since its inception, guided by its vision of “Making People Happy by Delivering Excellent Products, Services and Solutions to the World. ” From our founding onward, we have expanded our business based on the concept of being a “Fast Company” that leverages cutting-edge communication methods to spread the word about the outstanding products and services of our clients with speed and efficiency. We have a customer base of over 60,000 companies, are based in 18 locations including overseas, and have roughly 1,300 employees across the Group. Through these extensive business operations, we engage with a wide range of stakeholders, including client companies, partners, shareholders, and employees, while having a significant involvement in the lives of people and society.
Eligible Awards
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Awards Received
2023
Revenues
1424000000.00
Website Traffic
Employee Rating
3.70
Customer Rating
Company Size
1000-5000
ESG Risk Rating
2.00