BRUSSELS, Sept. 22, 2021 /PRNewswire/ -- The Goodyear Tire
& Rubber Company (NASDAQ: GT) today announced it will
adopt 100% renewable energy at its Goodyear plants across
Europe and Turkey* in the first of a multiple-phase plan
to procure 100% renewable energy in all its facilities across
Europe, Middle East and Africa by the end of 2022.
The decision, made in conjunction with the company's development
of its long-term climate strategy, will enable Goodyear to reduce
operational impacts and aligns with its goal of reducing
carbon emissions intensity by 25% by 2023 versus a 2010
baseline. The company already achieved 19% intensity reduction in
2020 as reported in its latest Corporate Responsibility Report.
By purchasing around 700,000 megawatt-hours of renewable
electricity, Goodyear can ensure that manufacturing plants in
France, Germany, Luxembourg, Poland, Slovenia, Turkey and the
Netherlands will operate on sustainably sourced electricity.
This shift will reduce the company's carbon footprint by up to
260,000 tons.
Goodyear will increase usage of renewable energy sources like
hydro, wind, solar or geothermic biomass power to achieve this
critical shift. To ensure electricity has been produced from
renewable energy sources, Goodyear procures GoOs (Guarantee of
Origin), which provide information to electricity customers on the
source of their energy.
"Switching to 100% renewable electricity at these production
facilities fits perfectly with our commitment to reduce
our carbon footprint," said Chris Delaney, president, Goodyear
EMEA. "Furthermore, this decision shows that we are taking
serious steps to continuously reduce Goodyear's environmental
impacts which is vitally important to ensure a better future for us
all."
This is one of a number of actions Goodyear is taking to ensure
it contributes to a reduction in carbon emissions. Earlier this
year the company announced it would construct Luxembourg's first large scale solar carport
which is now operational.
* France, Germany, Luxembourg, Poland, Slovenia, Turkey, and the
Netherlands will be included in the first phase, other
Goodyear locations such as Goodyear in South Africa, and Cooper Tire plants in Serbia
and UK will be reviewed in a second phase.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It
employs about 72,000 people and manufactures its products in 55
facilities in 23 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