Environmental approach Tomorrow at Michelin, everything will be sustainable The environment is one of the three pillars of Michelin's "People, Profit & Planet" approach to sustainability. The Group aims to achieve carbon neutrality by 2050 and full circularity of its products. It is also contributing to carbon neutrality in terms of product use and is working to improve the environmental footprint of its industrial facilities. Group environmental politics Michelin aims to control pollution risks and reduce its environmental footprint towards impact neutrality of impact by respecting the following prioritizing hierarchy of drivers: Objectives and action plans are prioritized in proportion to the issues at stake. The prioritization is based on our ambitions, and our stakeholders’ expectations, as well as on the mid-term action feasibility. It is subject to validation by the Environmental Governance. The environmental issues are considered over the whole life cycle of products. Documents to download 06/02/2021 | PDF - 583.05 Ko Environmental Policy – General Chapter 06/02/2021 | PDF - 382.35 Ko Environmental Policy – Production facilities and other sites Eco-design approach and life cycle assessment Life Cycle Assessment (LCA) evaluates a product's environmental impacts throughout its life cycle, using various indicators such as global warming potential, resource usage, photochemical oxidation, the acidification and eutrophication of water, etc. Michelin conducts an LCA on its product ranges to gain a better understanding of their environmental impact, and is gradually introducing an assessment of all new products as part of an eco-design approach. This comprehensive approach is based on the guidelines laid down by two standards: ISO 14040 Life Cycle Assessment and 14006 Environmental management systems - Guidelines for incorporating eco-design. Improving production sites' environmental performance As part of the Group's All-Sustainable approach, a new indicator - the i-MEP (Industrial Michelin Environmental Performance) indicator - was introduced in 2021 to manage the environmental performance of the Group's production sites and assess their contribution to achieving the Group's ambitions. The i-MEP is the logical follow-up to the MEF (Michelin Environmental Footprint) indicator. For each industrial site, the indicator is used to monitor and control water withdrawals, the amount of waste generated, the use of organic solvents, energy consumption and CO₂ emissions. i-MEP target for 2030: -1/3 vs. 2019
