Registration Document

Overview

The report highlights Michelin's performance and sustainability achievements for the fiscal year 2012, marking the tenth anniversary of its Michelin Performance and Responsibility (PRM) approach. The company achieved record capital expenditure of ’2.0 billion and historically high operating income of ’2.42 billion, driven by its premium positioning and global growth dynamic. Michelin successfully transitioned its leadership to CEO Jean-Dominique Senard and updated its sustainability priorities and targets for 2020. Key environmental milestones include a 33% reduction in the Michelin sites Environmental Footprint (MEF) since 2005, nearing its 2015 target. Additionally, the company continued to prioritize workplace safety, achieving a lost-time incident frequency rate of 2.80.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2012
Period: Ends 31 December 2012
Language: English
Pages
File size

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

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