The Goodyear Tire & Rubber Company has released its 2023 report on corporate responsibility performance. The report details the company’s progress towards its short and long-term sustainability goals. Mark Stewart, CEO and president of Goodyear, said the company’s report shows how Goodyear employees worldwide are exploring new innovations and materials, implementing new strategies and giving back to their communities.
Goodyear said this year’s report is the first to detail the company’s progress on topics such as climate decarbonization, adaptation, resiliency, circularity, human and labor rights, and supply chain governance and transparency. These topics were identified following a double materiality assessment conducted in late 2022 in alignment with the Global Reporting Initiative (GRI) standards, Goodyear said.
According to the report, in 2023, Goodyear reduced its Scope 1 and Scope 2 greenhouse gas emissions by 21.9% compared to its 2019 baseline. The company also increased its use of renewable electricity to 37% across its global manufacturing operations.
Goodyear said it also continued to make strides towards its 2030 goal of introducing a 100% sustainable-material tire with the launch of the EcoReady, a consumer tire made with 70% sustainable materials. According to Goodyear, the EcoReady is engineered with soybean oil to reduce petroleum-based oil, high-quality rice husk ash silica to reduce waste going to landfills, and sustainably sourced natural rubber.
The company said it also fosters a diverse and inclusive culture through integrated talent management and learning development solutions. In 2023, membership in Goodyear’s Employee Resource Groups grew by nearly 15%, according to the report.
Goodyear said it is committed to reducing environmental and social impacts through sustainable sourcing. In 2023, the company trained nearly 5,000 farmers in Indonesia to improve their agricultural practices through a Capability Building Project funded by the Global Platform for Sustainable Natural Rubber, according to the report.
