4 _179 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Sustainable Development Report The Group’s carbon footprint Michelin regularly updates its inventory of CO2 emissions from its activities in accordance with the Greenhouse Gas Protocol (1). INVENTORY OF SCOPE 1, 2 AND 3 CO2 EMISSIONS Scope Inventory (millions of tonnes of CO2) Year Group sources covered by the inventory Comments SCOPE 1 1.04(2) 2023 CO2 emissions from the heating plants at production and R&D sites Michelin controls the assets that use the energy generating CO2 emissions. The change in emissions volumes in 2023 compared with the 2019 baseline is presented below (see Scope 1 and Scope 2 CO2 Emissions). GRI 305-1: Direct (Scope 1) GHG emissions GRI 305-2: Direct (Scope 2) GHG emissions SCOPE 2 1.27(2) 2023 CO2 emissions from generating the electricity and steam used by the production and R&D sites REQUIRED SCOPE 3 13 2023 CO2 emissions from the relevant activity categories corresponding to the Group’s value chain (see Breakdown of Scope 3 CO2 emissions by category) Michelin’s ability to influence activities in the value chain varies by category. The tonnage is an estimate, with the margin of uncertainty ranging from ±10% to ±30%, depending on the category. GRI 305-3: Other indirect (Scope 3) GHG emissions. OPTIONAL SCOPE 3 ~130 2023 Indirect CO2 emissions from sold tires in use Thanks to its research and development expertise, Michelin has a significant impact on CO2 emissions through the energy efficiency of its tires(3). Inventoried tires include all passenger car, light truck, heavy truck and bus tires intended for on-road use, but not twowheel tires, which account for less than 1% of emissions. The reported figure’s estimated ±30% margin of uncertainty reflects the assumptions concerning the number of vehicles fitted with tires sold worldwide by the Group, whether the vehicles have internal combustion or electric powertrains, the distance traveled over the reporting year, the lifespan of the sold tires and the energy mix in the countries where the vehicles are used. (1) See Scope of the Report/The Group’s carbon footprint. (2) See section 4.1.1.4 b) Reducing the environmental footprint of the production plants/Summary table of environmental data – Group. (3) See section 4.1.1.1 b) Transition plan: company strategy/Opportunities and risks/Designing ultra-energy efficient products.
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