Compagnie Generale des Etablissements Michelin SCA

Common Name
Michelin
Country
France
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
ML
Exchange
EURONEXT
Description
Michelin is a global leader in the manufacture and distribution of tires, operating primarily in the automotive sector. Renowned for its durable and high-performance tire products, Michelin serves a w...

Michelin's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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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)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Michelin's Greenhouse Gas Emissions Pathways

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.

Does Michelin have a target to reduce the emissions from its operations?

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.

Michelin's Operational (Scope 1+2) Emissions Pathway

2019202420300900 k1.8 M2.7 M3.6 MBaselineCurrent (-41%)

Does Michelin have a target to reduce the emissions from its value chain?

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.

Michelin's Value Chain (Scope 3) Emissions Pathway

20192024203003 M6 M9 M12 MBaselineCurrent (-20%)

Does Michelin have a target to reduce its total carbon footprint?

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.

Michelin's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024205005 M10 M15 M20 MBaselineCurrent (-20%)Target 2050 (-90%)
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