Compagnie Generale des Etablissements Michelin SCA

Common Name
Michelin
Country
France
Sector
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Industry
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Employees
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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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This table provides a simplified preview of selected GHG emissions 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 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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Michelin's Scope 2 emissions?

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

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

Michelin's Scope 3 Emissions by Categories

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

Insights into Michelin's Total Carbon Footprint

In 2024, Michelin reported a total carbon footprint of 15,582,846 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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