The Goodyear Tire & Rubber Company
Climate Impact & Sustainability Data (2020, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Sustainable Sourcing
- Responsible Operations
- Advanced Mobility
- Inspiring Culture
- Climate Change
- Human Rights
Environmental Achievements
- Reduced greenhouse gas (GHG) emissions across operations by 20% compared to a 2010 baseline
- Achieved a 31% reduction in rolling resistance in the global consumer tire portfolio compared to a 2005 baseline
- Reduced global water usage by 55% from a 2010 baseline
- Reduced global energy intensity by 19% versus a 2010 baseline
Social Achievements
- Achieved highest associate survey scores recorded to date
- Provided food and aid packages to 3,000 smallholders and their families in Indonesia
- Worked with a supplier to help construct an emergency care and laboratory ward in Ivory Coast
- More than 80% of open manager positions were filled by internal Goodyear associates
Governance Achievements
- Updated Business Conduct Manual in 2018
- More than 96% of salaried associates completed online training courses on various compliance topics
Climate Goals & Targets
- Full petroleum oil replacement in products by 2040
- Develop a 100% sustainable-material and maintenance-free tire by 2030
- Zero environmental compliance violations
- Achieve 50% raw material spend traceability by 2025
- Reduce rolling resistance by 40% and reduce tire weight by 9% in global consumer tire portfolio by 2025 from a 2005 baseline
- Have tobacco-free campuses for 100% of Goodyear facilities by 2025
- 100% ESG survey response rate from suppliers of strategic indirect materials by December 2021
- Reduce water consumption by 10% in the next ten years
- Reduce global energy intensity by 25% by 2023 compared to 2010 baseline
- Reduce global GHG emissions intensity by 25% by 2023 from a 2010 baseline
- Achieve a TIR of less than 0.95 by 2023 and less than 0.5 by 2028
- Achieve zero serious injuries and fatalities by 2023
Environmental Challenges
- COVID-19 pandemic impacted operations, including temporary grounding of airships and reduced production levels
- Supply chain disruptions due to the pandemic
- Challenges in achieving 100% ESG survey response rate from suppliers
Mitigation Strategies
- Assembled global and regional crisis management teams
- Established processes, tools, and systems for business continuity
- Transitioned to virtual audits and interviews
- Developed virtual onboarding and remote work processes
- Implemented corrective action plans with suppliers
Supply Chain Management
Supplier Audits: 66 suppliers audited
Responsible Procurement
- Supplier Code of Conduct
- Natural Rubber Procurement Policy
- Soybean Oil Procurement Policy
- ESG survey for raw material suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards: Core option
Certifications: ISO 14001, ISO 9001, IATF 16949, AS 9100
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 6
- SDG 7
- SDG 8
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 15
Goodyear's initiatives contribute to these goals through sustainable sourcing, responsible operations, advanced mobility solutions, and inspiring culture programs.
Sustainable Products & Innovation
- Assurance WeatherReady tire with soybean oil
- Tires with rice husk ash silica
- Bio-based BioIsoprene monomer for synthetic rubber
Awards & Recognition
- Top 20 most socially innovative companies in the U.S.
- Forbes’ Best Employer lists
- Sustainability Supplier of the Year by Fiat Chrysler Automobiles
- Top-performing supplier at Ford World Excellence Awards
- Ohio’s top-ranked companies for LGBTQ Equality
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate
- Human Rights
- Environment
- Sustainable Sourcing
- Responsible Operations
- Advanced Mobility
- Inspiring Culture
- Compliance and Ethics
Environmental Achievements
- Reached 34% renewable electricity across all facilities (up from 3% in 2019). EMEA operations powered by 100% renewable electricity.
- Developed a 90% sustainable-material demonstration tire (unveiled January 2023) with improved rolling resistance.
- Showcased a 63% sustainable-material demonstration commercial tire.
- Initiated a multi-year program to develop a domestic source of natural rubber from dandelions.
Social Achievements
- Launched a global employer value proposition to attract talent.
- 38% year-over-year increase in associate participation in Global Week of Volunteering.
- Celebrated a centennial of women’s organizations at Goodyear.
- Reinforced ethical behavior through training programs.
Governance Achievements
- Established a cross-functional team to advance human rights strategy.
- Implemented additional human rights policies and updated existing policy.
- Developed plans to enhance supplier screening.
Climate Goals & Targets
- Reach net-zero value chain greenhouse gas emissions by 2050.
- Transform manufacturing operations and processes to all renewable energy by 2040.
- Fully replace petroleum-derived oils in products by 2040.
- Reduce Scope 1 and 2 emissions by 46% and certain Scope 3 emissions by 28% by 2030.
- Introduce the first 100% sustainable-material tire by 2030.
- Reduce water intensity by 10% by 2030.
- Achieve 100% renewable electricity in all manufacturing facilities by 2030.
- Reduce rolling resistance by 40% and tire weight by 9% by 2025.
- Eliminate all serious injuries by 2023.
- Achieve first to approval for all development SKUs with only one physical iteration by 2024.
Environmental Challenges
- Serious incident (SI) rate is not at the desired level.
- Work to reach net-zero climate ambition is in its early stages and will require time, testing, investment, and collaboration.
Mitigation Strategies
- Commitment to take actions needed to eliminate all serious injuries and fatalities.
- Building detailed plans for emissions hotspots, identifying tools and technologies, and understanding value chain impacts.
Supply Chain Management
Supplier Audits: 100% of natural rubber suppliers audited in 2022
Responsible Procurement
- Supplier Code of Conduct
- ESG survey for raw material suppliers
- Conflict Minerals Reporting Template
- Natural Rubber Procurement Policy
- Sustainable Soybean Oil Procurement Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 14001, ISO 45001, ISO 9001, IATF 16949
UN Sustainable Development Goals
- Not disclosed
Sustainable Products & Innovation
- 90% sustainable-material demonstration tire
- 63% sustainable-material demonstration commercial tire
- ElectricDrive™ all-season tire
- ElectricDrive™ GT tire
- Endurance™ WHA tire with soybean oil
Awards & Recognition
- Forbes World’s Top Female-Friendly Companies
- Forbes World’s Best Employers
- Newsweek America’s Most Responsible Companies
- FORTUNE World’s Most Admired Companies
- American Innovation Index Top 25
- American Social Innovation Index Top 25
- Fast Company Innovation by Design Awards finalist
- CES Best Sustainable Product
- AutoBild Top Tire Manufacturer Summer 2022
- AutoBild Green Tire 2022
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Forests
- Water
- Biodiversity
- Circularity
- Supply Chain Governance and Traceability
Environmental Achievements
- Increased the utilization of renewable electricity through procurement and on-site generation to 37 percent across its global footprint, up from 3 percent in 2019.
- Reduced global energy use annually by 2 percent through energy efficiency projects.
- Achieved a 9.9 percent overall reduction in tire weight from a 2005 baseline by the end of 2023.
Social Achievements
- In 2023, Goodyear helped fund, through the GPSNR Capacity Building Project, the training of 4,994 farmers in Indonesia to help improve their agricultural practices. Among the 4,994 farmers, 45 percent were women and 21 percent were below 37 years old.
Governance Achievements
- Goodyear’s Board of Directors (Board) has adopted Corporate Governance Guidelines to promote the effective and appropriate functioning of the Board and its committees and to provide guidance as to how the Board is expected to perform its functions.
- Goodyear has a robust business continuity process with an annual global and regional resilience roadmap that includes following an aligned maturity model supported by a governance process.
Climate Goals & Targets
- Net-zero emissions
- Achieve 100% renewable energy by 2040 across its global manufacturing facilities
- Reduce water consumption by 30% by 2030 from a 2020 baseline
- Reduce Scope 1 and 2 emissions by 46% by 2030, secure 100% renewable electricity by 2030
Environmental Challenges
- Supply chain disruptions due to climate events (extreme weather interrupting operations)
- Increased costs for carbon taxes in EMEA
- Limited availability of EUDR-compliant natural rubber leading to price premiums
- Meeting customer demands for sustainable attributes in tires
- Transitioning to low-emissions solutions in a rapidly changing mobility industry
Mitigation Strategies
- Business continuity planning and annual investment in infrastructure enhancements to minimize natural hazard risks
- Investing in renewable energy to reduce exposure to carbon taxes
- Working with industry partners to facilitate the transition to EUDR-compliant natural rubber
- Developing and commercializing low-carbon, circular, and more sustainable products and services
- Implementing a decarbonization roadmap with strategies including sustainable feedstocks, reduced material consumption, supplier climate commitments, and transport optimization
Supply Chain Management
Supplier Audits: 100% of natural rubber suppliers audited every two years
Responsible Procurement
- Supplier Code of Conduct
- Natural Rubber Procurement Policy
- Sustainable Soybean Oil Procurement Policy
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity of extreme weather events
- Water stress
Transition Risks
- Carbon pricing mechanisms
- Changes to international law and bilateral agreements (e.g., EUDR)
Opportunities
- Development and expansion of low-emission goods and services
- Increased demand for intelligent tires and services
- Growth in the electric vehicle market
Reporting Standards
Frameworks Used: GRI, TCFD, ISSB
Third-party Assurance: Third-party limited assurance
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Goodyear's initiatives contribute to these goals through renewable energy adoption, emissions reduction, sustainable materials use, and circular economy practices.
Sustainable Products & Innovation
- EcoReady tire (70% sustainable material content)
- ElectricDrive 2 tire (50% sustainable materials)
- 90% sustainable material demonstration tire