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.
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.
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.
Michelin's score of 88 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Michelin reported total greenhouse gas emissions of approximately 9,569,090,000 kg CO2e for Scope 1, 1,069,582,000 kg CO2e for Scope 2 (market-based), and a substantial 9,015,849,000 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, covering all three scopes. Notably, Michelin has set ambitious targets to reduce its emissions significantly. The company aims to achieve a 47.2% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2019 baseline, and a 27.5% reduction in absolute Scope 3 emissions within the same timeframe. Looking towards the long term, Michelin has committed to reaching net-zero emissions across its entire value chain by 2050. This includes a target to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% from the same 2019 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) and align with the goal of limiting global warming to 1.5°C. Michelin's commitment to sustainability is further demonstrated by its initiatives to reduce emissions from upstream purchased energy by 15% by 2030 and to cut transport-related emissions by 15% compared to 2018 levels. The company is also focused on ensuring that 70% of its suppliers by emissions have science-based targets by 2024. Overall, Michelin's climate commitments reflect a robust strategy aimed at significant emissions reductions, aligning with global climate goals and demonstrating leadership in the tire manufacturing sector.
Access structured emissions data, company-specific emission factors, and source documents
2010 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | 000,000,000 | 0,000,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000,000 | 000,000,000 |
Scope 2 | - | - | 0,000,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | 00,000,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 |
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 participating in some of the initiatives that 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.