Keeping track of our environmental and civic performances
Michelin's performance in the areas of the environment, communities and governance has been regularly assessed by non-financial rating agencies since 2003. Today, Michelin is featured in the main benchmark indexes for socially responsible investing (SRI).
Since 2017, Michelin is member of the International Stock Index FTSE4Good, which measures socially responsible companies’ performances using Environmental, Social, and Governance (ESG) criteria.
Launched in 2001, the FTSE4Good index provides investors with a series of socially responsible stock indexes and a benchmark of world-renowned companies. Three independent criteria are assessed for companies to be included in the index:
- Environmental commitments: the fight against climate change; the use of resources, particularly water; waste reduction; protection of ecosystems
- Social practices: human rights, labor standards, health, and safety
- Governance: risk management, corporate governance, anti-corruption policies, etc.
Michelin entered the ASPI Eurozone® index for listed companies in 2002, based on annual assessments by the non-financial rating agency Vigeo.
With a score of 64/100 in 2017, Michelin's CSR approach is considered "Advanced" by Vigeo, and the company comes second out of the 20 companies in the sector to be rated. The score is up five points on the 2015 rating. Thanks to these performances, Michelin remains in the index.