AKRON, Ohio, Sept. 10, 2020 /PRNewswire/ -- The Goodyear
Tire & Rubber Company (NASDAQ: GT) released its annual report
on corporate responsibility performance. The report summarizes the
company's actions in 2019 that demonstrate Goodyear's continued
commitment to ethical and sustainable processes, materials and
programs that can help people, communities and the environment.
"As the world continues to battle the COVID-19 pandemic and the
uncertainty that brings, it's important to find steadiness where we
can," said Richard J. Kramer,
chairman, chief executive officer and president. "For Goodyear,
that means relying on our foundation of ethical values, our
commitment to responsible operations, our focus on the health and
wellbeing of our associates, customers and communities, as well as
our work to reduce our impact on the environment."
Goodyear's 2019 report features the following highlights
following the four pillars established around its Better
Future corporate responsibility framework:
Sustainable Sourcing: Sustainable sourcing is Goodyear's
approach to responsibly sourcing materials used for operations and
products. In 2019, Goodyear increased its use of soybean oil as a
replacement for petroleum-derived oils by 90%. Soybean oil is now
in four of the most popular tire lines, offering enhanced vehicle
grip while increasing use of a more sustainable material.
Responsible Operations: In 2019, Goodyear improved
leading and lagging safety indicators as work continues to reduce
the risk of serious injuries in all facilities.
Advanced Mobility: In 2019, Goodyear's predictive
servicing solution was piloted by several fleets, allowing them to
forecast and schedule tire maintenance and replacement, improve
overall tire management and maximize uptime across the fleet.
Inspiring Culture: As part of Goodyear's diversity and
inclusion efforts, membership in Employee Resources Groups (ERG)
grew 84% globally in the last two years. A seventh group, the
Goodyear Asia, India, Middle East
ERG, also was added.
Goodyear's 2019 report was prepared in accordance with the
Global Reporting Initiative (GRI) Standards: Core option, which
resulted in increased transparency over previous reports. To access
this year's report, visit
https://corporate.goodyear.com/documents/responsibility/2019-corporate-responsibility-report.pdf
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It
employs about 62,000 people and manufactures its products in 46
facilities in 21 countries around the world. Its two Innovation
Centers in Akron, Ohio, and
Colmar-Berg, Luxembourg, strive to
develop state-of-the-art products and services that set the
technology and performance standard for the industry. For more
information about Goodyear and its products, go to
www.goodyear.com/corporate.
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SOURCE The Goodyear Tire & Rubber Company