Sustainability Statement General information 04 Impacts, Risks and Opportunities (IROs) Brief description Water, soil and air pollution from upstream activities Pollution in the upstream value chain primarily stems from the production of bio-sourced and other raw materials. Given its size, the natural rubber value chain can result in pollution, particularly soil contamination from pesticides and fertilizers. Negative impact Water and air pollution from direct operations, including substances of very high concern and VOCs Water and air pollution from the Group’s indoor and outdoor operations may include: n wastewater discharge from its own manufacturing operations; n substances of concern and very high concern; n air pollution, including volatile organic compound (VOC) emissions, both indoors and outdoors, from rubber product, rubber-compound product and tire manufacturing processes. Negative impact Pollution from the end-of-life treatment of sold tires Used tires can be collected and disposed of in different ways, albeit with a focus on recovering and reusing their component resources. Research shows that this could result in a number of varying environmental impacts, which could include ozone depletion, acidification, abiotic resource depletion, the formation of photochemical ozone and environmental load from the concentration of materials. Negative impact E3 – WATER RESOURCES Water management Water consumption Climate change and human water use are disrupting the water cycle and, in particular, may be contributing to the depletion of local water resources (e.g., the drying up of aquifers). Negative impact E4 – BIODIVERSITY AND ECOSYSTEMS Ecosystems and biodiversity Actual and potential deforestation from the expansion of rubber tree farms, the production of bio-based materials and the extraction of other materials Converting land to rubber tree farming, in response to the growing demand for natural rubber, can potentially lead to deforestation. The Group’s natural rubber purchases represent around 7% of world demand. Negative impact Contributing to the loss of habitat and land degradation, soil erosion and biodiversity loss Single-crop natural rubber farming and the production of other biosourced raw materials could harm habitats and contribute to biodiversity loss. The use of process water, the discharge of wastewater and the mismanagement of end-of-life tires could worsen soil degradation and negatively impact the biosphere. Negative impact Contributing to eutrophication through the use of fertilizers in rubber tree farming Eutrophication occurs when nutrients accumulate in a soil or aquatic environment or habitat. Among the leading causes is runoff from nitrogen fertilizers used in the cultivation of rubber trees and other crops. Negative impact E5 – RESOURCE USE AND CIRCULAR ECONOMY Resources and waste Helping to develop industry-wide recycled and renewable material sourcing capabilities The growing use of recycled and renewable materials requires new value chains to attenuate risks and decouple economic growth from resource use while maximizing their value and reuse. By 2022, renewable and recycled materials will account for 30% of Michelin tire components, with a target of 40% by 2030. Positive impact Resource inflows and their contribution to resource depletion Tire manufacturing involves the use of large quantities and a wide variety of resources, which must be managed with care to avoid their depletion. Negative impact Upstream OP Downstream Upstream OP Upstream Upstream OP Upstream OP Upstream OP Downstream Upstream 190 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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