As of 2024, Michelin has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Michelin ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2050 |
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As of 2024, Michelin has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, Michelin has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Michelin's most ambitious operational target is to reduce these emissions by 47.2% by 2030, compared to a baseline of 3,439,038 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2024, Michelin is ahead of schedule on its operational emissions reduction target, having achieved 87.01% of the planned reduction.
As of 2024, Michelin has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
Michelin's most ambitious value chain target is to reduce these emissions by 27.5% by 2030, compared to a baseline of 10,766,859 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2024, Michelin is ahead of schedule on its value chain emissions reduction target, having achieved 71.16% of the planned reduction.
As of 2024, Michelin has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
Michelin's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 18,372,976 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2050.
As of 2024, Michelin is ahead of schedule on its total carbon footprint reduction target, having achieved 22.33% of the planned reduction.