Michelin

Michelin, headquartered in France and operating in the Rubber and plastic products industry, reported its 2025 Scope 1 emissions as 826,304,000 kg CO2e and its market-based Scope 2 emissions as 860,289,000 kg CO2e. For 2024, the company's Scope 1 emissions were 956,909,000 kg CO2e and market-based Scope 2 emissions were 1,069,582,000 kg CO2e. In 2023, Michelin disclosed Scope 1 emissions of 1,049,930,000 kg CO2e, market-based Scope 2 emissions of 1,271,594,000 kg CO2e, and Scope 3 emissions of 13,617,627,000 kg CO2e.

Michelin is committed to ambitious climate targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. As part of its near-term goals, Michelin commits to reducing absolute Scope 1 and 2 GHG emissions by 47.2% by 2030 from a 2019 base year. Furthermore, it plans to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, upstream and downstream transportation and distribution by 27.5% within the same timeframe.

For its long-term targets, Michelin is committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe. An earlier target, validated as "Well-below 2°C" by SBTi, included reducing absolute Scope 1 and 2 GHG emissions by 27.5% by 2030 from a 2019 base year, and Scope 3 GHG emissions from fuel- and energy-related activities, upstream and downstream transportation and distribution, and end-of-life treatment of sold products by 15% by 2030 from a 2018 base year. The company also aimed for 70% of its suppliers by emissions to have science-based targets by 2024. Michelin also has a long-term goal to reduce the carbon emissions of its manufacturing operations by 50% in absolute value by 2050 compared to 2010.