Financial and non-financial ratings
Discover the ratings from Standard & Poor's, Moody's and Fitch Ratings as well as the non-financial performance indicators that recognize the Michelin Group's approach to sustainable development.
Notations
Since July 01, 2020, Moody's rating is no longer solicited.
During the covid-19 health crisis, the group was resilient and confirmed the solidity of its financial situation, allowing it to maintain all of its ratings.
SHORT-TERM RATING
| Compagnie Générale des Etablissements Michelin | Compagnie Financière Michelin SA | CFM Suisse SA | |
|---|---|---|---|
| Moody's | Non applicable | Non applicable | Non applicable |
| Standard & Poor's | A2¹ | A2¹ | A2¹ |
| Fitch Ratings | F2² | F2² | F2³ |
LONG-TERM RATING
| Compagnie Générale des Etablissements Michelin | Compagnie Financière Michelin SA | CFM Suisse SA | |
|---|---|---|---|
| Moody's | A3¹ | Non applicable | Non applicable |
| Standard & Poor's | A-² | A-² | A-² |
| Fitch Ratings | A-³ | A-³ | A-⁴ |
RATING AGENCIES
Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., provides independent financial information, analytical services, and credit ratings to the world’s financial markets.
For more information on Standard & Poor’s, visit standardandpoors.comMoody's provides independent financial information, analytical services, and credit ratings to the world's financial markets.
For more information on Moody's, visit moodys.com
Fitch Ratings provides independent financial information, analytical services, and credit ratings to the world's financial markets.
For more information on Moody's, visit www.fitchratings.com
Performance and ambitions for 2030
Extra-financial indicators of the Michelin group and the UN sustainable development goals
The Environmental, Social & Societal and Governance information, non-financial indicators, published by the Group is used for assessment purposes by rating agencies, SRI Investors and non-financial data analysis departments acting on behalf of investors. By comparing its actions with the United Nations Sustainable Development Goals (SDG), Michelin intends to meet stakeholders’ increasingly demanding expectations more effectively with regard to CSR and gain a better idea of the challenges ahead.
NON-FINANCIAL RATINGS
Michelin is included in the main socially-responsible investment ratings, or SRI benchmarks. The Group, which has been assessed on its environmental, societal and governance performance by non-financial ratings agencies since 2003, is now widely acknowledged for its commitment.
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