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 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 76 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Michelin reported total greenhouse gas emissions of approximately 39,000,000,000 kg CO2e, comprising 1,040,000,000 kg CO2e from Scope 1, 1,270,000,000 kg CO2e from Scope 2, and 39,000,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint across its operations and supply chain. Michelin has set ambitious climate targets, aiming for net-zero greenhouse gas emissions across its value chain by 2050. Near-term goals include a 47.2% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, the company aims to cut Scope 3 emissions by 27.5% within the same timeframe. Long-term targets include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These commitments align with industry standards and reflect Michelin's proactive approach to addressing climate change, ensuring a sustainable future in the tyre manufacturing sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 2018 | 2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,832,384,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 2,234,380,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | 000,000,000,000 | 00,000,000,000 | 000,000,000,000 | 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 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.