• 3 years in a row achievement of No.1 tire maker in the ranking across the entire natural rubber industry
• Scoring 80.9%, the assessment was conducted by SPOTT, a ZSL conservation initiative assessing companies on their public disclosure regarding their organization, policies, and practices related to environmental, social and governance (ESG) issues.
• The high score demonstrates Michelin’s commitment to public disclosure and reporting in environmental, social and governance issues towards our stakeholders.
It has been the 3rd consecutive year that Michelin, the world’s leading tire company, has been ranked the number one tire maker in SPOTT’s assessment of the natural rubber sector. The company continues to maintain its leadership as the top Tire Maker with a score of 80.9% (an increase of 0.8% from the previous year).
The SPOTT platform, a ZSL conservation initiative, uses a framework of 185 ESG related indicators to score companies’ public policies and commitments relating to environmental, social and governance (ESG) issues, supporting the financial sector and supply chain stakeholders to manage ESG risk. The strong rating received demonstrates Michelin’s continued commitment to ESG transparency and commitment to our stakeholders.
SPOTT’s overall scores focus on the public availability, quality and scope of policies, commitments, operational data, and reporting of activities undertaken by companies to meet their targets. The higher score indicates relatively higher transparency and quality of company disclosure regarding its organization, its policy and its practices towards sustainability.
The latest SPOTT assessment, published in March 2024, assessed 30 natural rubber companies, including the world’s largest tyre manufacturers and natural rubber producers. Against an industry average of 43.5% Michelin outclassed its peers to score highest of all with 80.9%. This demonstrates Michelin’s leadership in sustainability disclosures and transparency.
“It’s been 3 years that Michelin has maintained our ranking as the top tire maker for the SPOTT assessment, the result demonstrates the company’s efforts and commitment towards sustainability, with the aim to fulfill our 2050 ambitions including our “All-Sustainable’” vision and “net zero emissions” targets. Michelin develops strong, long-term relationships with our stakeholders, based on trust, proximity, and transparency.” said Mr. Segsarn Trai-Ukos, Managing Director of Société des Matières Premiéres Tropicales Pte Ltd (SMPT), a subsidiary of the Michelin Group which functions as its natural rubber procurement and technical hub.
About Michelin
Michelin’s ambition is to sustainably improve its customers’ mobility. The leader in the mobility sector, Michelin designs, manufactures, and distributes the tires best suited to their requirements and uses as well as services and solutions to improve transport efficacy. Michelin also puts forward offers that allow its customers to enjoy unique moments when traveling. Michelin also develops high-technology equipment intended for multiple fields. Based in Clermont-Ferrand, Michelin is present in 175 countries, employs 132,200 people and operates 67 tire factories that, together, produced approximately 167 million tires in 2022. (www.michelin.com).
About SPOTT
Developed by ZSL (Zoological Society of London), SPOTT – Sustainability Policy Transparency Toolkit – is an online platform supporting sustainable commodity production and trade. By tracking transparency, SPOTT incentivises the implementation of corporate best practice. SPOTT assesses commodity producers and traders on the public disclosure of their policies, operations and commitments related to environmental, social and governance (ESG) issues. SPOTT scores companies annually against sector-specific indicators, to benchmark their progress over time. Investors, buyers and other key influencers can use SPOTT assessments to inform stakeholder engagement, manage risk, and increase industry transparency. For more information, visit www.spott.org.
About ZSL
ZSL (Zoological Society of London) is an international conservation charity working to create a world where wildlife thrives. From investigating the health threats facing animals to helping people and wildlife live alongside each other, ZSL is committed to bringing wildlife back from the brink of extinction. Our work is realised through our ground-breaking science, our field conservation around the world and engaging millions of people through our two zoos, ZSL London Zoo and ZSL Whipsnade Zoo. For more information, visit www.zsl.org.
• 3 years in a row achievement of No.1 tire maker in the ranking across the entire natural rubber industry
• Scoring 80.9%, the assessment was conducted by SPOTT, a ZSL conservation initiative assessing companies on their public disclosure regarding their organization, policies, and practices related to environmental, social and governance (ESG) issues.
• The high score demonstrates Michelin's commitment to public disclosure and reporting in environmental, social and governance issues towards our stakeholders.
It has been the 3rd consecutive year that Michelin, the world’s leading tire company, has been ranked the number one tire maker in SPOTT’s assessment of the natural rubber sector. The company continues to maintain its leadership as the top Tire Maker with a score of 80.9% (an increase of 0.8% from the previous year).
The SPOTT platform, a ZSL conservation initiative, uses a framework of 185 ESG related indicators to score companies’ public policies and commitments relating to environmental, social and governance (ESG) issues, supporting the financial sector and supply chain stakeholders to manage ESG risk. The strong rating received demonstrates Michelin's continued commitment to ESG transparency and commitment to our stakeholders.
SPOTT’s overall scores focus on the public availability, quality and scope of policies, commitments, operational data, and reporting of activities undertaken by companies to meet their targets. The higher score indicates relatively higher transparency and quality of company disclosure regarding its organization, its policy and its practices towards sustainability.
The latest SPOTT assessment, published in March 2024, assessed 30 natural rubber companies, including the world’s largest tyre manufacturers and natural rubber producers. Against an industry average of 43.5% Michelin outclassed its peers to score highest of all with 80.9%. This demonstrates Michelin’s leadership in sustainability disclosures and transparency.
“It’s been 3 years that Michelin has maintained our ranking as the top tire maker for the SPOTT assessment, the result demonstrates the company’s efforts and commitment towards sustainability, with the aim to fulfill our 2050 ambitions including our “All-Sustainable’” vision and “net zero emissions” targets. Michelin develops strong, long-term relationships with our stakeholders, based on trust, proximity, and transparency.” said Mr. Segsarn Trai-Ukos, Managing Director of Société des Matières Premiéres Tropicales Pte Ltd (SMPT), a subsidiary of the Michelin Group which functions as its natural rubber procurement and technical hub.
About Michelin
Michelin’s ambition is to sustainably improve its customers’ mobility. The leader in the mobility sector, Michelin designs, manufactures, and distributes the tires best suited to their requirements and uses as well as services and solutions to improve transport efficacy. Michelin also puts forward offers that allow its customers to enjoy unique moments when traveling. Michelin also develops high-technology equipment intended for multiple fields. Based in Clermont-Ferrand, Michelin is present in 175 countries, employs 132,200 people and operates 67 tire factories that, together, produced approximately 167 million tires in 2022. (www.michelin.com).
About SPOTT
Developed by ZSL (Zoological Society of London), SPOTT – Sustainability Policy Transparency Toolkit – is an online platform supporting sustainable commodity production and trade. By tracking transparency, SPOTT incentivises the implementation of corporate best practice. SPOTT assesses commodity producers and traders on the public disclosure of their policies, operations and commitments related to environmental, social and governance (ESG) issues. SPOTT scores companies annually against sector-specific indicators, to benchmark their progress over time. Investors, buyers and other key influencers can use SPOTT assessments to inform stakeholder engagement, manage risk, and increase industry transparency. For more information, visit www.spott.org.
About ZSL
ZSL (Zoological Society of London) is an international conservation charity working to create a world where wildlife thrives. From investigating the health threats facing animals to helping people and wildlife live alongside each other, ZSL is committed to bringing wildlife back from the brink of extinction. Our work is realised through our ground-breaking science, our field conservation around the world and engaging millions of people through our two zoos, ZSL London Zoo and ZSL Whipsnade Zoo. For more information, visit www.zsl.org.
