Michelin
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Michelin's score of 98 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Michelin's reported carbon emissions
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 commitment to reducing its carbon footprint across all scopes, with significant targets set for the near future. Michelin aims to achieve a 27.5% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, the company has set a target to reduce Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and transportation by 27.5% within the same timeframe. Furthermore, Michelin is committed to a long-term goal of reaching net-zero emissions across its entire value chain by 2050, with an ambitious target of reducing Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by the same year. These targets have been validated by the Science Based Targets initiative (SBTi) and align with the global aim to limit temperature rise to 1.5°C, demonstrating Michelin's proactive approach to climate action and sustainability. The company is also focused on reducing emissions from upstream purchased energy by 15% and transport activities by 15% by 2030, compared to 2018 levels. Overall, Michelin's comprehensive strategy reflects a robust commitment to mitigating climate change and enhancing sustainability within the tyre industry.
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| 2010 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000,000 | 0,000,000 | - | - | 0,000,000,000 | 000,000,000 |
| Scope 2 | - | - | 0,000,000,000 | 0,000,000 | - | - | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 000,000 | 00,000,000,000 | 00,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
