Specialized Disclosure Report (sd)
June 01 2020 - 04:03PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
Specialized Disclosure Report
THE GOODYEAR
TIRE & RUBBER COMPANY
(Exact name of registrant as specified in its charter)
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Ohio
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1-1927
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34-0253240
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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200 Innovation Way, Akron, Ohio
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44316-0001
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(Address of principal executive offices)
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(Zip Code)
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Daniel T. Young
Secretary
(330) 796-2121
(Name and telephone number, including area code, of the person to contact in connection
with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form
applies:
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Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019.
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Section 1 Conflict Minerals Disclosure
Item 1.01
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Conflict Minerals Disclosure and Report
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Introduction
The terms Goodyear,
Company and we, us or our wherever used herein refer to The Goodyear Tire & Rubber Company together with all of its consolidated U.S. and foreign subsidiary companies, unless the context
indicates to the contrary. Terms used herein that are defined in Item 1.01(d) of Form SD are used as defined therein.
We are one of the worlds
leading manufacturers of tires, engaging in operations in most regions of the world. We develop, manufacture, market and distribute tires for most applications. We also manufacture and market rubber-related chemicals for various applications. We
manufacture our products in 46 manufacturing facilities in 21 countries, including the United States, and we have marketing operations in almost every country around the world. We are one of the worlds largest operators of commercial truck
service and tire retreading centers. In addition, we operate approximately 1,000 retail outlets where we offer our products for sale to consumer and commercial customers and provide repair and other services.
Description of Reasonable Country of Origin Inquiry (RCOI)
Following a review of the raw materials and components used to manufacture our products, we determined that the following components are necessary to the
functionality of certain of our products and contain conflict minerals:
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Bead wire, which is used in all tires, allows a tire to be mounted on a rim and includes bronze electroplating to
improve wire to rubber adhesion properties (other than radial aircraft tires which use brass electroplating). Bronze is a metal alloy consisting primarily of copper and tin.
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Tungsten studs, which are used in certain studded winter replacement tires.
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RFID chips, which are incorporated into certain commercial and race tires, contain tin, tungsten, tantalum and
gold.
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In 2019, our spending on bead wire constituted approximately 96% of our spending on the components described above, making tin
the most significant conflict mineral in our supply chain by a wide margin.
We sent the Responsible Minerals Initiative Conflict Minerals Reporting
Template (each a Template and collectively the Templates) to each of the suppliers that directly supply us with any of the components described above in order to collect further information on, among other things, the country
of origin of the conflict minerals contained in our products. Once we received a completed Template from a supplier, we evaluated the Template for completeness and accuracy, and made further inquiries of our suppliers in order to clarify or improve
the quality of their responses to us. Our objective was to identify each of the smelters that placed conflict minerals into our supply chain, which we believed would facilitate our ability to identify the country of origin of the conflict minerals
contained in our products.
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In 2019, we had a total of 19 direct suppliers of the components described above. We received Templates that
we deemed to be complete, or acceptable representations as to country of origin, from all of those suppliers. We deemed a Template to be complete if it identified all of the smelters in a suppliers supply chain. We excluded RFID chips from our
RCOI because our spending on RFID chips is de minimis. Based on the Templates that we reviewed, we identified 33 total smelters, including 26 tin smelters and seven tungsten smelters, that provided conflict minerals that were ultimately incorporated
into our products.
We are a member of the Responsible Minerals Initiative (RMI), an industry initiative that audits smelters and
refiners due diligence activities. We used the Reasonable Country of Origin Inquiry report that we received as part of our RMI membership (the RMI RCOI Report) to identify the country of origin for 30 of our smelters.
Based on the RMI RCOI Report, we identified five tin smelters and one tungsten smelter that supplied conflict minerals to our suppliers and that we had reason
to believe may have sourced conflict minerals directly or indirectly from the Democratic Republic of the Congo or an adjoining country (collectively, the Covered Countries). Based on the RMI RCOI Report, we also determined that a portion
of our conflict minerals did not originate in the Covered Countries (23 smelters) or were solely from recycled or scrap sources (one smelter).
With
respect to the remaining three smelters, we reviewed representations made by certain suppliers and smelters, reviewed the smelters websites, if any, and conducted open-source internet searches for any further information on our suppliers and
the smelters regarding the country of origin of the conflict minerals they used. Based on those additional inquiries, we had no reason to believe that our conflict minerals from those smelters may have originated in the Covered Countries.
For information on the due diligence that we performed with respect to the source and chain of custody of the conflict minerals sourced from the smelters
whose conflict minerals may have originated in the Covered Countries, see the Conflict Minerals Report attached hereto as Exhibit 1.01.
This Form SD and
the related Conflict Minerals Report are available on our Internet website at http://investor.goodyear.com/sec.cfm. Please note, however, that information contained on our Internet website is not incorporated by reference into this Form SD or
otherwise considered to be a part of this document.
The Conflict Minerals Report required by Item 1.01 is attached hereto as Exhibit 1.01. See Item 2.01 below.
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Section 2 Exhibits
Exhibit 1.01 Conflict Minerals Report
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly
authorized undersigned.
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The Goodyear Tire & Rubber Company
(Registrant)
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By:
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/s/ David E. Phillips
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Date: June 1, 2020
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David E. Phillips
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Senior Vice President and General Counsel
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