Goodyear Highlights Progress in 2024 Corporate Responsibility Report

GT
September 21, 2025
The Goodyear Tire & Rubber Company released its 2024 Corporate Responsibility Report, detailing significant progress towards its sustainability ambitions. The report highlights a 35.5% reduction in rolling resistance and a 9.9% reduction in tire weight for its global consumer tire portfolio from a 2005 baseline, nearing its 2025 targets. Goodyear also reported achieving 37% renewable electricity and 21% renewable energy at its manufacturing facilities globally in 2024, contributing to its goal of transforming operations to all renewable energy by 2040. The company made strides in responsible innovation by introducing four new products in 2024, each containing at least 50% sustainable materials. Further environmental progress includes a 25% reduction in Scope 1 and Scope 2 greenhouse gas emissions and a 10% reduction in certain Scope 3 emissions against a 2019 baseline, aligning with Science Based Targets initiative (SBTi) goals. These efforts underscore Goodyear's commitment to ethical and sustainable practices, aiming to protect its people and the planet while driving innovation. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.