Michelin EU Taxonomy disclosure

EU Taxonomy summary

53% of Michelin's revenues are EU Taxonomy eligible, with 0% also being Taxonomy aligned. 55% of Michelin's capital expenditures are EU Taxonomy eligible, with 0% also being Taxonomy aligned. Additionally, 0% of Michelin's operating expenses are EU Taxonomy eligible, with 0% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.6 = Manufacture of other low carbon technologies																	16%	E
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0	0%	0%	0%	0%	0%	0%	0%								16%
Of which enabling		0	0%	0%	0%	0%	0%	0%	0%								16%	E
Of which transitional		0	0%	0%													0%		T
3.6 = Manufacture of other low carbon technologies	CCM 3.6	13,846	51%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								36%
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	240	1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	364	1%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								1%
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		14,449	53%	98.113%	0%	0%	0%	1.887%	0%								38%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		14,449	53%	98.113%				1.887%									54%
Turnover of Taxonomy-non-eligible activities		12,743	47%
Total (A+B)		27,193	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.6 = Manufacture of other low carbon technologies																	22%	E
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0	0%	0%	0%	0%	0%	0%	0%								22%
Of which enabling		0	0%	0%	0%	0%	0%	0%	0%								0%	E
Of which transitional		0	0%	0%													0%		T
3.6 = Manufacture of other low carbon technologies	CCM 3.6	1,561	53%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								36%
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	47	2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	20	1%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								1%
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		1,628	55%	98.182%	0%	0%	0%	1.818%	0%								38%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		1,628	55%	98.182%				1.818%									59%
CapEx of Taxonomy-non-eligible activities		1,335	45%
Total (A+B)		2,963	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0	0%	0%	0%	0%	0%	0%	0%
Of which enabling		0	0%	0%	0%	0%	0%	0%	0%
Of which transitional		0	0%	0%
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		0	0%	0%	0%	0%	0%	0%	0%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		0	0%	0%	0%	0%	0%	0%	0%
OpEx of Taxonomy-non-eligible activities		1,842	100%
Total (A+B)		1,842	100%

Michelin

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses