Michelin Details Decarbonization Plan Targeting Net-Zero Emissions by 2050
Michelin has outlined an ambitious plan to cut CO2 emissions by 90% by 2050, with a 2030 roadmap and investments in renewable energy and efficiency.
- 90%
- 26%
- 18%
What Happened
Michelin's decarbonization plan aims for net-zero emissions by 2050, with a 90% reduction in CO2 from its own operations and value chain. The plan includes a 2030 roadmap covering production facilities, logistics, supply chain, and tire design. Michelin has already achieved a 26% reduction in transport CO2 and an 18% reduction in raw materials emissions by 2024 compared to 2019.
Launched first 'green' tire with lower rolling resistance
Published Performance and Responsibility Charter emphasizing respect for the environment
Adopted climate strategy aligned with Race to Zero campaign
Group plants in EU, Asia, Brazil used guaranteed-renewable electricity; 361 projects with €114M investment
90%reduction by 2050
Michelin aims to cut emissions by 90% from its own operations and value chain to reach net-zero by 2050.
Why this matters
This strategy demonstrates how a major tire manufacturer is addressing climate change by reducing emissions across its entire value chain, setting a sustainability benchmark for the industry.
Terms in This Story
- Scope 3
- Indirect greenhouse gas emissions from a company's value chain, including purchases, transportation, and product use.
- Net-zero emissions
- A state where the amount of greenhouse gases emitted is balanced by removal from the atmosphere.
- Race to Zero
- A UN-backed campaign committing organizations to achieve net-zero emissions by 2050.
- All-Sustainable
- Michelin's approach balancing People, Profit, and Planet.
Summarised from the linked release; details can be imperfect — always verify against the original source.