Goodyear publishes 2022 corporate responsibility report

The Goodyear Tire & Rubber Company has released its report on corporate responsibility performance for 2022, a document that details the company’s efforts to create value for its internal and external stakeholders by integrating sustainability throughout its business. The report also highlights the progress Goodyear is making toward achieving its short- and long-term sustainability goals.

“Sustainability is a key component of our business strategy and an integral part of our culture,” says Richard J. Kramer, chairman, chief executive officer and president of Goodyear. “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 decarbonisation 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 organised around the four pillars of the company’s corporate responsibility framework, Goodyear Better Future: Sustainable Sourcing, Responsible Operations, Advanced Mobility and Inspiring Culture. According to Goodyear, highlights of the report include the following:

Sustainable Sourcing

Goodyear scientists and engineers continued to make significant progress toward the company’s 2030 goal of introducing a 100 per cent sustainable-material tyre with the development of a demonstration tyre made of 90 per cent sustainable materials. This demonstration tyre has 17 featured ingredients, including four different carbon blacks produced from bio-methane, carbon dioxide, end-of-life tyre 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. In 2022, the company increased its utilisation of renewable electricity to 34 per cent across its global manufacturing operations, up from three per cent in 2019.

Advanced Mobility

In 2022, Goodyear continued its focus on improving fuel efficiency by achieving a 32.9 per cent reduction in rolling resistance and a 9.4 per cent reduction in tyre weight in its global consumer tyre portfolio, from a 2005 baseline.

Inspiring Culture

In 2022, associate membership in Goodyear’s Employee Resource Groups (ERGs) grew by six per cent. It was also a milestone year for one of the company’s ERGs with the Akron-based Goodyear Women’s Network (GWN) celebrating its 100th anniversary in 2022.

Goodyear’s 2022 report was prepared with reference to the Global Reporting Initiative (GRI) Standards.

Read or download Goodyear’s 2022 corporate responsibility report here