Sustainability Statement General information 04 Why and with whom is the Group engaged? How and on which issues? 2024 initiatives addressing the interests and views of stakeholders ACADEMIA The Group nurtures a wide variety of relationships with academia to enlighten and enrich its strategy and initiatives, particularly as part of its R&D commitment or with regard to certain impact matters such as sustainable mobility or materials. These relationships also help to improve our ability to understand and explore emerging issues and developments. n Partnership agreements (IDDRI, CIRAIG, the Ellen MacArthur Foundation, ITF, etc.). n Dedicated dialogue programs to explore certain sustainability matters (Carbone 4, Institut des Sciences Politiques, HEC, World Resources Institute, etc.). Leading issues: life cycle assessments, natural rubber, sustainable mobility, materials, measuring our social footprint, value sharing, technical decarbonization levers, biodiversity, water, pollution and tire and road wear particles (TRWP). In 2024, the Group worked with academia on a wide range of issues, including: n ongoing or new programs on such emerging issues as biomaterials, avoided emissions, social life-cycle assessments and value sharing; n understanding the latest trends in sustainable mobility during the Corporate Business Partnership (CBP) with researchers from the OECD’s International Transport Forum. SUSTAINABLE DEVELOPMENT INSTITUTIONS Michelin also addresses sustainable development issues by working closely with its extended ecosystem, comprised of a wide range of both national and international institutions, associations and NGOs. These collaborations are designed to drive continuous improvement in every aspect of sustainability, including business models, climate, biodiversity and human rights, by acquiring expertise and sharing best practices. Each host region’s organization has forged close ties with one or more institutions, with a focus on the Global Compact’s national networks. n Sharing best practices among companies, globally (the World Business Council for Sustainable Development – WBCSD; the International Chamber of Commerce – ICC), at the European level (GreenBiz) and nationally (Entreprises pour l'Environnement – EpE; Entreprises pour les droits humains – EDH, Orée, the French Sustainable Development Executives Association – C3D). n Lobbying for sustainability (WBCSD and the Global Compact), including efforts to drive the tire industry’s alignment on sustainability issues (the Tire Industry Project – TIP as part of the WBCSD). Leading issues: the full range of ESG issues. In 2024, the Group actively participated in a number of networks exploring sustainability issues, including: n projects undertaken under Michelin’s presidency of the Global Compact France Network to deploy the SDGs in France by deepening local engagement; n participating in the Climate Week event in September 2024, including the UN Global Compact Leaders Summit; ; n participating in the COP16 Biodiversity Conference, through Orée; n actively contributing to the EpE 2030 environmental transition working group. LOCAL COMMUNITIES Michelin believes that relationships with local communities, especially those that host its production sites, offices and rubber plantations, are of paramount importance. The Group is deeply engaged in developing and promoting its host regions, by respecting and addressing the expectations and interests of local and nearby communities (e.g., the community of stakeholders around the Blanzy plant in France). It also strives to create local jobs and develop the local economy, while participating harmoniously in community life through its employees. n Impact studies for new sites. n Dedicated dialogue processes for each country and location. n On-site initiatives with local communities (training, etc.) in every country. Leading issues: Community development, equal opportunities, biodiversity, architectural and cultural heritage, diversity, the local economy and human rights. In 2024, the Group began to craft a holistic strategy for the affected communities. In addition, it is continuing to track certain key metrics, such as the number of hours devoted to volunteer initiatives. Lastly, Michelin presented the CSRD and the preparation of the Sustainability Statement to the European Works Council (CEEM) on October 15, 2024(1). A further consultation is planned for 2025. (1) See Section 4.8 Own workforce (S1), below, for a presentation of the European Works Council. 184 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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