Primary Climate Goal
This company has not set a company-wide target for an absolute reduction in GHG emissions yet
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Michelin reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 2,763 Kt (+300/+12% y-o-y). At the sime time, carbon intensity tumbled to 98 t (-5 /-4.9% y-o-y).
No public disclosure of Scope 3 emissions has been found for Michelin at the moment.
The company has not set a company-wide target for an absolute reduction in GHG emissions yet.
Michelin also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Michelin commits to reduce absolute scope 1 and 2 GHG emissions 27.5% by 2030 from a 2019 base year.* Michelin also commits to reduce absolute scope 3 GHG emissions from fuel-and energy-related activities, upstream and downstream transportation and distribution and end-of-life treatment of sold products 15% by 2030 from a 2018 base year. Michelin further commits that 70% of its suppliers by emissions will have science-based targets by 2024. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks