Michelin innovates for a greener world

A city's industrial sustainability directly influences their development level and quality, noted by Asia-Pacific Industrial Sustainability Index 2022.

Four Chinese cities — Beijing, Shenzhen, Hong Kong and Shanghai — are among the top 10 in terms of overall score ranking, according to the report released by the Center for Industrial Development and Environmental Governance at Tsinghua University and APEC China Business Council in late December.

China has promoted the green development of economy and society in recent years. It aims to reach peak carbon dioxide emissions before 2030 and realize carbon neutrality before 2060.

French mobility company Michelin said it has great confidence in China's ability to achieve the goals and publicized its own target and approach of sustainability early on.

Michelin believes that everything will be sustainable in the future. It considers the best balance between the people, profit and the planet in all its actions.

The company announced its strategy for 2030 back in 2021. It aims to reduce carbon emissions by 50 percent in production and energy fields when compared to 2010 and realize carbon neutrality in manufacturing, energy and transport spheres by 2050.

It hopes to increase the proportion of sustainable raw materials in tire products to 40 percent by 2030 and 100 percent by 2050.

Michelin said it believes the relationship between carbon neutrality and economic benefits is not black or white. As environmental protection is gradually becoming a social consensus, businesses have to orient their products and industrial activities towards this, it added.

Ye Fei, president and CEO of Michelin China, said: "It is necessary to build a sustainable ecosystem to be on track for reaching the dual carbon goals, where innovation, the conversion of thinking patterns and action and also widespread cooperation are particularly important."

Having developed for more than three decades in China, Michelin boasts strength, boldness and spirit toward a sustainable future, Ye said.