Trillion of cigarette butts are annually littered without being recycled. This work aims at valorizing the whole cigarette butts and their components (paper, filter and tobacco) into Fe‐Nx‐C electrocatalysts for oxygen reduction reaction (ORR) in acid and alkaline media. The pristine wastes were pyrolyzed at 450 °C, activated with KOH at 700 °C, blended with iron phthalocyanine (FePc) precursor, and heat‐treated at 600 °C to produce a robust Fe‐Nx‐C material with ORR active units. The effect of the cigarette components on the final electrocatalytic activity was evaluated by thoroughly investigating the surface chemistry with XPS. The electrocatalysts displayed similar results among the different components in both media due to comparable surface chemistry, especially concerning the nitrogen functional groups. The highest performance was obtained in alkaline where the electrocatalysts from whole cigarettes and paper (CIGF_450 and CIGPF_450) showed an E1/2 of 0.89 V vs RHE, slightly larger than that of Pt/C with 40 wt % of Pt, which encouraged to replace Pt‐based electrocatalysts in alkaline fuel cells.