Company Directory - Michelin
Company Details - Michelin

Michelin
WebsiteClermont-Ferrand, France
Michelin is a French tire company, renowned not only for its innovative tire technology but also for publishing the Michelin Guide, which awards stars to high-quality restaurants around the world, influencing both dining and travel.
CCI Score
CCI Score: Michelin
-32.24
0.02%
Latest Event
Michelin Lobbyists' Revolving Door Ties
OpenSecrets data reveals that a significant proportion of Michelin's lobbyists have previous government experience - with 3 out of 5 in 2023 and 2 out of 5 in 2024. This revolving door phenomenon raises concerns about corporate influence over policymaking and the potential for regulatory capture.
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TOADIE
Michelin is currently rated as a Toadie.
Latest Events
- FEB192025
OpenSecrets data reveals that a significant proportion of Michelin's lobbyists have previous government experience - with 3 out of 5 in 2023 and 2 out of 5 in 2024. This revolving door phenomenon raises concerns about corporate influence over policymaking and the potential for regulatory capture.
-80
Political Contributions and Lobbying Efforts
April 3
Michelin's pattern of hiring lobbyists with prior government positions exemplifies the revolving door effect, which undermines democratic accountability and elevates the risk of corporate influence in political decisions. Such practices contribute to an environment where public policy may be shaped to favor corporate interests over the needs of the people.
- NOV052024
On November 5, 2024, Michelin announced the closure of its Vannes and Cholet sites despite having received substantial public financial support during the COVID-19 crisis. This decision, which threatens 1,254 jobs, has provoked governmental scrutiny and criticism over the company’s commitment to its workforce and the proper use of state aid.
-70
Public and Political Behavior
April 3
Michelin’s decision to close key sites and eliminate over 1,200 jobs—despite receiving significant state support intended to safeguard employment—reflects poor public and political responsibility. This move undermines trust and demonstrates a disregard for the commitments made when the aid was granted.
Michelin face à la polémique : des licenciements malgré les aides publiques ?
-90
Labor Relations and Human Rights Practices
April 3
The closure of sites and consequent layoffs directly impact workers’ rights. Michelin’s decision contradicts its prior commitment to preserving employment, especially when benefiting from public funds aimed at sustaining jobs, thereby severely undermining labor relations and human rights.
Michelin face à la polémique : des licenciements malgré les aides publiques ?
- NOV052024
French workers protested Michelin's planned closure of two plants, voicing concerns over job losses and deteriorating labor rights.
-70
Labor Relations and Human Rights Practices
April 3
Michelin's decision to close two plants has ignited protests by French workers who fear that such closures prioritize cost-cutting over the protection of labor rights, undermining job security and worker welfare. This action reflects a disregard for fair labor practices and contributes to broader concerns about authoritarian corporate policies that marginalize working communities.
'Black Day': French Workers Protest Michelin Plans To Close Two Plants
- NOV052024
Michelin announced the planned closure of its two French plants in Vannes and Cholet by 2026, affecting a total of 1,254 workers. The decision was attributed to a significant drop in truck tire sales and broader competitiveness issues in the European market.
-70
Labor Relations and Human Rights Practices
April 3
The announcement to close two factories, impacting over 1,200 employees, clearly reflects negative labor practices. This decision undermines worker security and highlights a prioritization of financial and competitive metrics over employee welfare, intensifying economic hardship for the affected workers.
Michelin ferme ses usines de Vannes et Cholet, 1.200 salariés sacrifiés
- NOV052024
Michelin announced the closure of its Cholet and Vannes factories by early 2026, affecting 1,254 employees. The decision has raised concerns over labor rights and its negative economic impact on local communities, despite promises to help displaced workers secure new employment.
-50
Labor Relations and Human Rights Practices
April 3
Closing factories disrupts stable employment for workers despite commitments to assist affected employees. This decision reflects a cost-cutting move that undermines worker rights and long-term labor security, a key concern from a progressive, anti-authoritarian standpoint.
Michelin ferme ses usines de Cholet et de Vannes - Le Monde.fr
-40
Economic and Structural Influence
April 3
The closure of these factories is likely to negatively affect local economies by reducing industrial activity in the regions, further deepening structural economic disparities and centralizing production in fewer sites.
Michelin ferme ses usines de Cholet et de Vannes - Le Monde.fr
- MAY012024
Michelin Tyre PLC released its Modern Slavery Statement for the 2023 financial year, outlining robust measures to prevent child labour, forced labour, modern slavery and human trafficking across its operations and supply chains. The statement includes comprehensive due diligence, supplier audits, internal controls, whistleblowing mechanisms, and disciplinary actions against violations.
+80
Labor Relations and Human Rights Practices
April 3
The statement details proactive steps to ensure compliance with human rights and labor standards, including disciplinary actions and ongoing employee training. These initiatives reflect a strong commitment to labor rights and help protect vulnerable workers, aligning with anti-authoritarian and anti-fascist values.
+75
Supply Chain Ethics
April 3
Michelin’s statement also emphasizes rigorous supply chain ethics, requiring suppliers to adhere to strict human rights standards and implementing due diligence processes. This proactive approach to managing supplier risks and enforcing ethical sourcing standards strengthens the company's anti-slavery and human rights commitments.
- DEC312023
OpenSecrets reports that Michelin spent $396,000 on lobbying efforts in 2023, highlighting the company's involvement in influencing political decision-making.
-40
Political Contributions and Lobbying Efforts
April 3
Michelin's reported expenditure of $396,000 on lobbying in 2023 demonstrates its active engagement in influencing political processes. From an anti-fascist perspective, such corporate lobbying can undermine democratic accountability by prioritizing corporate interests over public welfare, potentially enabling policies that favor authoritarian or oligarchic control.
- NOV132023
Michelin's decision to close its Vannes and Cholet factories spurred a demonstration by employees in Clermont-Ferrand on November 13, where protesters decried the company's choice to put profit before people. The protest, organized by CGT Michelin, highlights deep concerns over worker security and fair labor practices.
-75
Labor Relations and Human Rights Practices
April 3
The planned closures of the Vannes and Cholet factories have directly impacted job security and worker rights, prompting a mass demonstration. This action reflects a business practice that prioritizes profit over the well-being of employees, undermining fair labor practices and contributing to authoritarian economic behavior.
“No Michelin factory is safe”: in Clermont-Ferrand, mobilization against site closures
- MAY122023
During its response to questions ahead of the May 12, 2023 Annual General Meeting, Michelin disclosed that it spent approximately €2 million on lobbying activities worldwide in 2022. The breakdown includes expenditures in the USA, European Union, Germany, and France, and illustrates the firm's active engagement in influencing political processes across multiple regions.
-40
Political Contributions and Lobbying Efforts
April 3
Michelin's disclosure of nearly €2 million in lobbying expenses signals a significant effort to shape regulatory and political outcomes in various countries. Such activities often contribute to corporate overreach in political affairs, potentially undermining democratic accountability and creating an environment that favors corporate interests over the public good. From an anti-fascist perspective, this concentrated political influence is evaluated negatively.
- JAN012023
In 2023, Michelin spent $396,000 on lobbying activities, as reported by OpenSecrets. The figure highlights the company's engagement in influencing policy and regulatory matters.
-30
Political Contributions and Lobbying Efforts
April 3
Michelin's reported lobbying expense of $396,000 in 2023 indicates a significant investment in influencing government policy, a practice that can undermine democratic accountability and promote corporate interests over public welfare. Such political engagement is viewed negatively from an anti-fascist perspective, as it may contribute to a system where corporate influence overshadows the voices of marginalized communities.
- JAN012023
Michelin Connected Fleet published its Modern Slavery Act Statement for the 2023 financial year, affirming a zero tolerance approach to modern slavery and human trafficking across its extensive supply chain. The statement mandates that suppliers adopt robust anti-slavery policies and provides for contractual assurances and termination clauses if violations occur.
+80
Supply Chain Ethics
April 3
The statement represents a strong commitment to ethical supply chain practices by enforcing anti-slavery and human trafficking measures. By requiring suppliers to comply with the Modern Slavery Act 2015 and including termination clauses for non-compliance, Michelin Connected Fleet demonstrates progressive business practices that protect vulnerable populations and uphold human rights.
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Corporate Financials
- Revenue
- 2022
- $26.80B
- Total Assets
- 2022
- $23.40B
- Operating Income
- 2022
- $3.95B
- Total Equity
- 2022
- $8.40B
Employees: 121,500
Industries
- 326211
- Tire Manufacturing (except Retreading)
- 326212
- Tire Retreading
- 441320
- Tire Dealers