Michelin

Michelin, a French rubber and plastic products company, reported total emissions of approximately 14.75 billion kg CO2e in 2024. This included about 956.9 million kg CO2e from Scope 1 emissions, approximately 1.07 billion kg CO2e from Scope 2 market-based emissions, and around 143.72 billion kg CO2e from Scope 3 emissions.

In 2023, Michelin's total emissions were about 15.94 billion kg CO2e, with Scope 1 emissions at approximately 1.05 billion kg CO2e, Scope 2 market-based emissions at around 1.27 billion kg CO2e, and Scope 3 emissions at approximately 13.62 billion kg CO2e. For 2025, Michelin projects total emissions of roughly 13.78 billion kg CO2e, comprising about 826.3 million kg CO2e from Scope 1, approximately 860.3 million kg CO2e from Scope 2 market-based, and around 137.1 billion kg CO2e from Scope 3.

Michelin has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company commits to reaching net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 47.2% by 2030 from a 2019 base year. Michelin also aims to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, and downstream transportation and distribution by 27.5% by 2030 from a 2019 base year. For long-term targets, Michelin commits 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. Earlier commitments included a 50% reduction in CO2 emissions from its manufacturing operations by 2030 compared to 2010.