04 Sustainability Statement Climate change (E1) 4.2.9.6 Gross Scope 1, 2, 3 and Total GHG emissions Scope 1 and 2 methodology In accordance with GHG Protocol guidelines, Scope 1 and 2 CO2 emissions are calculated using raw energy data (see ESRS E1 Disclosure Requirement E1-5) and recognized emission factors. They are calculated automatically, in an IT application, by multiplying the energy consumed by the related emission factor. Scope 1 and 2 CO2 emissions from Michelin-managed sites are presented, by default, according to the market-based method, which expresses the progress made in reducing CO2 emissions driven by the Group’s commitment to the energy transition (the "Renew" lever in the Environmental Policy). The 2024 scope of reporting includes emissions from Michelin’s legacy manufacturing and R&D sites, as well as from (i) Camso, Fenner and Multistrada, which were already included in 2023; (ii) the Lehigh production plants, reincluded in 2024; (iii) the RLU production site; and (iv) Euromaster, which until 2023 was not included in the target SBTi scope of reporting (95% coverage). Total GHG emissions Retrospective data Reduction milestones and targets Baseline 2019 (tCO2e) 2023 (tCO2e) 2024 (tCO2e) % change 2024/2023 2030 vs. 2019 Annual milestone over the 2019-2030 period (%) 2050 vs. 2019 SCOPE 1 GHG EMISSIONS Gross Scope 1 GHG emissions (E1-6-48a and E1-6-50a) 1,725,839 1,049,930 956,909 -8.9% Scope 1 GHG emissions from regulated emission trading schemes (E1-6-48b) 808,242 445,211 343,448 Percentage of Scope 1 GHG emissions from regulated emission trading schemes (E1-6-48b) 46.8% 42.6% 35.9% SCOPE 2 GHG EMISSIONS Gross location-based Scope 2 GHG emissions (E1-6-49a and E1-6-50a) 2,044,611 2,035,084 1,972,949 -3.1% Gross market-based Scope 2 GHG emissions (E1-6-49b and E1-6-50a) 1,713,199 1,271,594 1,069,582 -15.9% SCOPE 1 AND 2 GHG EMISSIONS Gross location-based Scope 1 and 2 GHG emissions 3,770,450 3,085,014 2,929,858 -5.0% Gross market-based Scope 1 and 2 GHG emissions 3,439,038 2,321,524 2,026,491 -12.7% -47.2% -4.2% -90% GROSS REQUIRED AND OPTIONAL DISCLOSURE SCOPE 3 GHG EMISSIONS (E1‑6‑51) Gross required disclosure Scope 3 GHG emissions 14,933,938 13,536,955 12,652,988 -6.5% -90% Gross optional disclosure Scope 3 GHG emissions 115,000,000 TOTAL LOCATION-BASED SCOPES 1, 2 AND REQUIRED SCOPE 3 GHG EMISSIONS (E1-6-52A) 18,704,388 16,621,969 15,582,846 -6.3% TOTAL MARKET-BASED SCOPES 1, 2 AND REQUIRED SCOPE 3 GHG EMISSIONS (E1-6-52B) 18,372,976 15,858,479 14,679,479 -7.4% GHG emissions intensity based on net revenue 2023 2024 % change 2024/2023 Location-based GHG emissions intensity (E1-6-53) 586 tCO2e/€m 573 tCO2e/€m -2.3% Market-based GHG emissions intensity (E1-6-53) 560 tCO2e/€m 540 tCO2e/€m -3.5% 211 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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