Michelin
Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world.
Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare.
The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide.
Founded in 1889 in Clermont-Ferrand, France, Michelin has grown to become one of the most recognised and trusted brands in the automotive industry. In 2023, Michelin employs more than 132,500 people worldwide and operates 121 production facilities in 26 countries.
Sustainability Strategy
Michelin is convinced that a sustainable future cannot be imagined without a growth model that takes planetary limits into consideration, and that is based on real social and societal responsibility.
Motivated by this conviction, the Group thus crossed a new threshold in 2021 with its new strategic plan, Michelin in Motion, by setting objectives for 2030 on three pillars: People, Profit & Planet.
Michelin is convinced that the equitable balance between human, economic and environmental concerns, which is at the core of its All-Sustainable approach, will ensure the success of its strategy.
· Reach net-zero CO2 emissions for Scopes 1&2: In 2030 Michelin wants to reduce CO2 emissions by 50% compared to 2010.
· Contribute to reaching net-zero emissions in use (Scope 3): Michelin’s target is a 10% improvement in the energy efficiency of products by 2030 (in relation to 2020).
· Be best-in-class in environmental footprint of industrial sites: Michelin aims to reduce its industrial environmental impact by a third compared to 2019.
· Reach full circularity of tires by 2050: By 2030, the share of renewable and recycled materials is expected to reach 40 %.