Goodyear Shares Sustainability Progress in 2022 Report

Goodyear Shares Sustainability Progress in 2022 Report

The report delves into Goodyear's sustainable sourcing, advanced mobility and other initiatives.

The Goodyear Tire & Rubber Company released its report on corporate responsibility performance for 2022 and detailed how it is integrating sustainability throughout its business to create value for its internal and external stakeholders.

“Sustainability is a key component of our business strategy and an integral part of our culture,” said Chairman, CEO and President Richard J. Kramer. “In 2022, the work of our associates around the world further demonstrated our commitment to ethical and sustainable processes, materials and programs. Our latest corporate responsibility report shares where we are along our journey—our goal progress, our challenges, our strategies, including our decarbonization roadmap, and what lies ahead—and how we are working with our customers and other stakeholders to help build a better future.”

Goodyear’s 2022 report is organized around the four pillars: sustainable sourcing, responsible operations, advanced mobility and inspiring culture. Some of the report’s highlights are described below.

Sustainable Sourcing: Goodyear scientists and engineers continued to make significant progress toward the company’s 2030 goal of introducing a 100% sustainable-material tire with the development of a demonstration tire made of 90% sustainable materials. The demonstration tire has 17 featured ingredients, including four different carbon blacks produced from bio-methane, carbon dioxide, end-of-life tire pyrolysis oil feedstocks and plant-based oil; soybean oil; rice husk ash silica; and bio-renewable pine tree resins.

Responsible Operations: Goodyear continued its work to reduce its environmental impact by increasing utilization of renewable electricity to 34% across its global manufacturing operations, up from 3% in 2019.

Advanced Mobility: In 2022, Goodyear continued its focus on improving fuel efficiency by achieving a 32.9% reduction in rolling resistance and a 9.4% reduction in tire weight in its global consumer tire portfolio, from a 2005 baseline.

Inspiring Culture: In 2022, associate membership in Goodyear’s Employee Resource Groups (ERGs) grew by 6%. One of the company’s ERGs, the Akron-based Goodyear Women’s Network (GWN), celebrated its 100th anniversary in 2022.

The 2022 Goodyear Corporate Responsibility Report can be found on the Goodyear Corporate Responsibility website.

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