There are many extra-financial indices, labels and ratings. In order to assess its environmental, societal and governance performance as objectively as possible, the Michelin Group monitors its performance with the main internationally recognised rating agencies.
The Group is widely recognized as a leader in sustainable mobility
Michelin maintains its presence in the Ethibel index (Excellence Europe et Global), Euronext VigeoEiris (France 20, Europe 120, Eurozone 120, World 120) and FTSE4Good.
In June 2019, Michelin was awarded the French government’s “Responsible Supplier Relations and Procurement” label. To date, Michelin is the only company to have been recognized by the Label for all of its purchasing operations worldwide. At the same time, in May 2019, Michelin received certification that its purchasing practices were mature with regard to the new international ISO 20400 Sustainable Procurement standard.
In a commitment to combatting gender wage inequality, France's Secretary of State for Gender Equality and the Ministry of Labor introduced a gender equality index in 2019. With Michelin France rated 94/100, the index indicated that the company’s gender equality in the workplace program has had a very positive impact.
Michelin has been honored with the Corporate Social Responsibility Award from French financial weekly AGEFI. The award recognizes the commitment of everyone across the organization, who demonstrate and embody Michelin’s social responsibility in their behavior and decisions as they strive to make sustainable mobility a reality.
In September 2019, AGEFI awarded Michelin its Corporate Governance Grand Prize.
To go Further
Sustainable Development and Mobility
The Group’s societal responsibility is embodied by its Sustainable Development and Mobility strategy. It aims to make Michelin one of the most innovative, responsible, and high-performing companies worldwide across all of its responsibilities: economic, environmental, social and societal.
Reduce, Reuse, Recycle, Renew: With its 4Rs strategy, Michelin is actively involved in the circular economy throughout its tires’ life cycle.
Hydrogen-powered fuel cells can unleash the mass-market potential of electric vehicles by increasing their range. Michelin has been supporting this technology, which is now mature, since its earliest phases.
- Sustainable Development and Mobility
- Circular economy