Goodyear released its annual report on corporate responsibility performance, summarizing its actions towards ethical and sustainable processes, materials and programs in 2020.
Goodyear’s 2020 report is organized by the pillars of the Better Future framework, which are Sustainable Sourcing, Responsible Operations, Advanced Mobility and Inspiring Culture. Some of the report’s highlights include:
In 2020, Goodyear introduced its fourth consumer tire line that features soybean oil as a replacement for petroleum-derived oils.
Soybean oil is a bio-based, renewable resource that helps keep a tire’s rubber compound pliable in low temperatures, a key performance achievement in maintaining and enhancing grip in dry, wet and winter weather.
In 2020, Goodyear continued its work to reduce its environmental impact, achieving a 20% reduction in greenhouse gas emissions intensity, a 19% reduction in energy intensity and a 55% reduction in water intensity, all compared to a 2010 baseline.
In 2020, Goodyear continued its focus on improving fuel efficiency by achieving a 31% reduction in rolling resistance and an 8.2% reduction in tire weight in its global consumer tire portfolio from a 2005 baseline.
They have also introduced technological goals, such as: for all Goodyear tires to be data- and sensor-enabled intelligent tires by 2027 and for the development of a 100% sustainable material and maintenance-free tire by 2030.
Employee Resources Groups
In 2020, associate membership in Goodyear’s Employee Resources Groups (ERGs) continued to grow. The seven ERGs now have more than 3,000 global members and 32 global chapters.
Despite the pandemic, the ERGs held more than 200 professional development and networking events in the past two years.
Goodyear’s 2020 report was prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option.