Universal Registration Document

Overview

The report describes Michelin's resilient 2020 performance during the Covid-19 crisis, with sales of EUR20,469 million and a year-end workforce of 123,642 employees. It reports two fatal work-related accidents, validated SBTi emissions targets, and a broad sustainability program covering ethics, human rights, health and safety, climate, energy, water, waste, biodiversity, and responsible procurement. Renewable energy represented 14.6% of combined thermal and electric energy use, while sustainable or recycled materials represented 28% of tire materials. The report also sets a 2050 net-zero objective for the production base.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2020
Period: 1 January 2020 – 31 December 2020
Publication date: 9 April 2021
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview