March 26, 2024
Spott ranks michelin #1 tire maker
in the natural rubber industry
For the 3rd consecutive year, Michelin has been ranked the number one tire maker in SPOTT’s - Sustainability Policy Transparency Toolkit -, assessment of the natural rubber sector.
The company continues to maintain its leadership as the top Tire Maker with a score of 80.9%, showing an increase of 0.8% from the previous year. This high score demonstrates the Group’s continued commitment to public disclosure and reporting in environmental, social and governance issues towards our stakeholders.
The latest SPOTT assessment, published in March 2024, assessed 30 natural rubber companies, including the world’s largest tire manufacturers and natural rubber producers. Compared to a natural rubber industry average of 43.5%, Michelin achieved the highest score with 80.9%. This demonstrates Michelin's leadership in sustainability reporting and transparency.
The SPOTT platform, a ZSL conservation initiative, uses a framework of 185 indicators to score companies’ public policies and commitments relating toenvironmental, social and governance(ESG) issues, supporting the financial sector and supply chain stakeholders to manage ESG risk.