Michelin has outlined its ‘All Sustainable’ strategy for 2030 at its Capital Markets Day.

Michelin managing chairman, Florent Menegaux, outlined the plan, based on what the supplier says is a balance between People, Planet and Profit.

He also presented the Group’s ambitions for 2030, based on twelve indicators covering its environmental, social, societal and financial performance.

“With this new Michelin In Motion strategic plan, the Group is embarking on an ambitious growth dynamic for the next ten years,” said Menegaux.

“I am convinced the engagement and capacity for innovation of our teams will enable us to deliver a harmonious blend of sustained business performance, continuous employee development and a commitment to the planet and our host communities.

“Even as it remains true to its DNA, by 2030 the Group’s profile will have significantly changed with the ramp-up of new, high value-added businesses in both around and beyond markets.

“It is this ability to constantly reinvent itself that has underpinned Michelin’s strength for more than 130 years and which today gives us confidence in the future.”