Michelin has deployed an enterprise risk management (ERM) system that complies with the reference framework of the French securities regulator (AMF) and the international professional standards of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

A single corporate department overseeing Internal Audit, Risk Management and Internal Control activities. While facilitating a shared vision of the primary risks and challenges, this organization also encourages cooperation among teams across the entire Group over every time horizon.

A crisis management system is deployed among the executive teams through full-scale simulation exercises and training seminars. It is led by the Internal Audit, Risk Management, Internal Control and Quality Department.
The Computer Emergency Response Team (CERT) tracks cyber intrusions and stands ready to respond quickly at all times across all continents.

Global insurance programs covering every majority-owned Group subsidiary have been arranged for the most significant risks, including property & casualty/business interruption, liability, accidental pollution and cyber risks.

The ten highest-impact risk factors specific to the Michelin Group


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