Public Profile

Michelin

Michelin, officially known as Michelin Group, is a leading global tyre manufacturer headquartered in Clermont-Ferrand, France. Founded in 1889, the company has established itself as a pioneer in the tyre industry, with significant operations across Europe, North America, and Asia. Michelin is renowned for its innovative products, including passenger car tyres, truck tyres, and specialty tyres for various vehicles, which are distinguished by their commitment to safety, performance, and sustainability. The company has achieved notable milestones, such as the introduction of the radial tyre, which revolutionised the industry. Michelin's dedication to quality and technological advancement has solidified its position as one of the top tyre manufacturers worldwide, consistently earning accolades for its performance and environmental initiatives. With a strong focus on research and development, Michelin continues to lead the way in tyre innovation, ensuring a safer and more efficient driving experience for consumers globally.

DitchCarbon Score

How does Michelin's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

54

Industry Average

Mean score of companies in the Rubber and Plastic Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

2

Industry Benchmark

Michelin's score of 54 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Michelin's reported carbon emissions

In 2023, Michelin reported total greenhouse gas emissions of approximately 13,000,000,000 kg CO2e across all scopes. This includes 1,040,000,000 kg CO2e from Scope 1, 1,270,000,000 kg CO2e from Scope 2, and 13,000,000,000 kg CO2e from Scope 3 emissions. Michelin has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 47.2% and Scope 3 emissions by 27.5% by 2030, using 2019 as the base year. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Michelin's commitment to addressing climate change through significant emissions reductions. The company is actively working towards these goals, which include biogenic emissions and removals from bioenergy feedstocks, as part of its broader sustainability strategy.

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20102019202120222023
Scope 1
-
-
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
-
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
00,000,000,000
000,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Michelin's primary industry is Rubber and plastic products (25), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Michelin is headquartered in FR, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Michelin is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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