Michelin

Michelin, a company operating in the rubber and plastic products industry (25) with its headquarters in France (FR), reported a total of approximately 13.8 billion kg CO2e in Scope 1, 2, and 3 emissions for the year 2025. This breaks down into approximately 826.3 million kg CO2e for Scope 1, approximately 860.3 million kg CO2e for Scope 2 (market-based), and a substantial 137.1 billion kg CO2e for Scope 3 emissions.

For the reporting year 2024, Michelin's total emissions were approximately 14.8 billion kg CO2e, comprising about 956.9 million kg CO2e for Scope 1, around 1.1 billion kg CO2e for Scope 2 (market-based), and approximately 143.7 billion kg CO2e for Scope 3. In 2023, the company reported total emissions of approximately 15.9 billion kg CO2e, with Scope 1 emissions at about 1 billion kg CO2e, Scope 2 at approximately 1.3 billion kg CO2e (market-based), and Scope 3 at approximately 13.6 billion kg CO2e.

Michelin has established several significant climate commitments. They aim to reduce absolute Scope 1 and 2 greenhouse gas emissions by 47.2% by 2030, using 2019 as a baseline. Furthermore, they have committed to reducing absolute Scope 3 GHG emissions by 27.5% within the same timeframe. The company also has a long-term ambition to reach net-zero emissions across its value chain by 2050, with a specific commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year. They also aim for a 90% reduction in absolute Scope 3 GHG emissions within the same long-term timeframe. Michelin's targets have been validated by the Science Based Targets initiative (SBTi) as being compatible with a trajectory limiting global warming to 1.5°C, in alignment with the Paris Agreement.