Overall Net-Zero Target: Michelin commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Michelin commits to reduce absolute scope 1 and 2 GHG emissions 47.2% by 2030 from a 2019 base year*. Michelin also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution and downstream transportation and distribution 27.5% within the same timeframe. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks. Long-Term Targets: Michelin commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year*. Michelin also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.