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 GHG Emissions Data Preview

In 2024, Michelin completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Michelin has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Michelin’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Michelin’s data sources below and access millions more through our Disclosure Search.

a. Michelin's Universal Registration Document (URD) 2024
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b. Michelin's CDP Climate sourced from company’s website 2023
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c. Michelin's Financial & Extra-Financial Data Spreadsheet 2023
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Insights into Michelin's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Michelin amounted to 2,929,858 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Michelin decreased by 5.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Michelin's Scope 1 Emissions Over Time

201920212022202320240450 k900 k1.35 M1.8 MtCO2e-22%-12%-11%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Michelin's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Michelin were 956,909 metric tons of CO₂ equivalent (tCO₂e). a

Has Michelin reduced its Scope 1 emissions over time?

Since 2019, Michelin's Scope 1 emissions have decreased by 44.55%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Michelin's Scope 1 emissions decreased by 8.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Michelin's Scope 2 emissions?

In 2024, Michelin reported Scope 2 greenhouse gas (GHG) emissions of 1,069,582 tCO₂e using the market-based method and 1,972,949 tCO₂e using the location-based method. a

Has Michelin reduced its Scope 2 emissions over time?

Since 2019, Michelin's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Michelin 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Michelin's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Michelin 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Michelin use for Scope 2 reporting?

In 2024, Michelin reported its Scope 2 emissions using the market-based method and using the location-based method. a

Michelin's Scope 2 Emissions Over Time

201920212022202320240550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Michelin's Value Chain Emissions

In 2024, Michelin reported 12,652,988 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Michelin includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Michelin's Scope 3 Emissions Over Time

20192021202220232024040 M80 M120 M160 MtCO2e+870%-1%-91%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Michelin's Scope 3 emissions?

In 2024, Michelin reported total Scope 3 emissions of 12,652,988 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 94.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.18% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Michelin reduced its Scope 3 emissions over time?

Since 2019, Michelin's Scope 3 emissions have decreased by 15.27%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Michelin's Scope 3 emissions remained relatively stable, indicating that Michelin 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Michelin disclose?

In 2024, Michelin reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Michelin's Scope 3 emissions?

In 2024, the largest contributors to Michelin's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 9,015,849 tCO₂e (71.25%)
  • Upstream Transportation and Distribution (Cat. 4): 874,072 tCO₂e (6.91%)
  • Downstream Transportation and Distribution (Cat. 9): 720,445 tCO₂e (5.69%)

Michelin's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(5.7%)UpstreamTransportation andDistribution(Cat. 4)(6.9%)Purchased Goods andServices (Cat. 1)(71.3%)

Insights into Michelin’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Michelin reported Scope 1 greenhouse gas (GHG) emissions of 956,909 tCO₂e and total revenues of USD 28,297 millions. This translates into an emissions intensity of 33.82 tCO₂e per millions USD. a

Michelin's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)TSartorius Stedim BiotechYear: 2024Scope 1: 13,712 tCO2eRevenue: $M 2,893Scope 1 Intensity: 4.74 tCO2e/$MPublicis GroupeYear: 2024Scope 1: 5,211 tCO2eRevenue: $M 16,681Scope 1 Intensity: 0.31 tCO2e/$MLegrand SAYear: 2024Scope 1: 45,349 tCO2eRevenue: $M 9,000Scope 1 Intensity: 5.04 tCO2e/$MFnac DartyYear: 2024Scope 1: 15,251 tCO2eRevenue: $M 8,588Scope 1 Intensity: 1.78 tCO2e/$MThalesYear: 2024Scope 1: 84,000 tCO2eRevenue: $M 21,412Scope 1 Intensity: 3.92 tCO2e/$MAyvensYear: 2024Scope 1: 8,782 tCO2eRevenue: $M 26,380Scope 1 Intensity: 0.33 tCO2e/$MKlepierreYear: 2024Scope 1: 15,194 tCO2eRevenue: $M 1,565Scope 1 Intensity: 9.71 tCO2e/$MScorYear: 2024Scope 1: 416 tCO2eRevenue: $M 1,634Scope 1 Intensity: 0.25 tCO2e/$MTTTeleperformanceYear: 2024Scope 1: 23,165 tCO2eRevenue: $M 10,697Scope 1 Intensity: 2.17 tCO2e/$MOpmobilityYear: 2024Scope 1: 74,572 tCO2eRevenue: $M 10,910Scope 1 Intensity: 6.84 tCO2e/$MForviaYear: 2024Scope 1: 106,000 tCO2eRevenue: $M 28,070Scope 1 Intensity: 3.78 tCO2e/$MStefYear: 2024Scope 1: 271,164 tCO2eRevenue: $M 4,996Scope 1 Intensity: 54.28 tCO2e/$MRenaultYear: 2024Scope 1: 406,440 tCO2eRevenue: $M 58,516Scope 1 Intensity: 6.95 tCO2e/$MConstelliumYear: 2023Scope 1: 702,000 tCO2eRevenue: $M 7,239Scope 1 Intensity: 96.97 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MMichelinYear: 2024Scope 1: 956,909 tCO2eRevenue: $M 28,297Scope 1 Intensity: 33.82 tCO2e/$M

How does Michelin's GHG emissions intensity compare to its peers?

In 2024, Michelin reported a Scope 1 emissions intensity of 33.82 tCO₂e per millions USD. Compared to the peer group median of 3.92, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Michelin rank on GHG emissions intensity within its industry?

In 2024, Michelin ranked 14 out of 15 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Michelin among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Michelin's Total Carbon Footprint

In 2024, Michelin reported a total carbon footprint of 15,582,846 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.25% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Michelin's total carbon footprint was Scope 3 emissions, accounting for 81.2% of the company's total carbon footprint, followed by Scope 2 emissions at 12.66%. a

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