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Michelin eyes carbon neutrality at all plants by 2050

Michelin eyes carbon neutrality at all plants by 2050

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Michelin claimed that 85% of its plant in Europe are powered by electricity that comes from renewable sources.

New Delhi: French tyremaker Michelin is looking to reach zero carbon footprint by 2050 at all plants worldwide. The move is in line with the Paris Agreement signed at the COP21 in 2015 to limit global warming to below 2 degrees Celsius, the company said in a release.

To cut down carbon emissions at its plants globally, Michelin has developed a strategy founded on two pillars – consume less, and implement an energy transition.

During 2010 -2018, Michelin has reduced CO2 emissions by 22 per cent, the company claimed that 85 per cent of its plant in Europe are powered by electricity that is guaranteed to come from renewable sources. In India, the tyremaker has one production facility located in Chennai, Tamil Nadu. Built with an investment of Rs 3,500 crore, the facility has a production capacity of 30,000 tonnes per year.

Commenting on the company’s target, Nicolas Beaumont, VP Sustainable Development and Mobility Michelin Group said “We are taking action so that our plants consume less and better by increasing our use of green energy. The goal is for all our plants around the world to run on 100 per cent green power by 2030. We stick to our roadmap,”

He further said that Michelin will continue to pursue these efforts by improving the energy efficiency of its industrial tools, using more renewable energy, and eliminating coal. Currently, 5 out of 70 of the Group’s sites around the world are still coal-fired.

On the designing front, the company is focusing on producing durable, safe, and energy-efficient products which will thereby help in reducing the carbon levels. By extending the life of its products, Michelin is proving that tires can and must offer very high performances until the tread wear indicators appear.

“If drivers used their tires until the legal tread depth of 1.6 mm, this would keep us from wasting 400 million tires each year and prevent 35 million tons of CO2 emissions. This could have a major impact on the climate,” Beaumont added.

To move things even faster in this direction, the Group created Symbio, a joint venture with Faurecia, in November 2019 to become a world leader in hydrogen fuel cell systems and reinvent the mobility of tomorrow.

Source: auto.economictimes.indiatimes
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Anand Gupta Editor - EQ Int'l Media Network

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