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Goodyear Tire & Rubber Co

Common Name
Goodyear Tire & Rubber
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
68,000
Ticker
GT
Exchange
NASDAQ/NGS
Description
Goodyear Tire & Rubber Co. is a leading manufacturer and distributor of tires globally, serving a diverse range of vehicles including automobiles, commercial trucks, buses, aircraft, motorcycles, and ...

Goodyear Tire & Rubber's Energy Data Preview

In 2023, Goodyear Tire & Rubber disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Goodyear Tire & Rubber also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Goodyear Tire & Rubber also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Goodyear Tire & Rubber also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Goodyear Tire & Rubber's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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0000000
Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Goodyear Tire & Rubber’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Goodyear Tire & Rubber’s data sources below and access millions more through our Disclosure Search.

a. Goodyear Tire & Rubber's Corporate Responsibility Report (CRR) 2023
a. Goodyear Tire & Rubber's Corporate Responsibility Report (CRR) 2023
b. Goodyear Tire & Rubber's CDP Climate sourced from company’s website 2024
b. Goodyear Tire & Rubber's CDP Climate sourced from company’s website 2024

Insights into Goodyear Tire & Rubber's Energy Renewability

In 2023, Goodyear Tire & Rubber consumed a total of 62.22 million Gigajoules of energy across its operations. Of this total, 19.49% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 80.51% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Goodyear Tire & Rubber's Energy Renewability Rate

19%

How much of Goodyear Tire & Rubber's energy consumed is renewable?

In 2023, Goodyear Tire & Rubber consumed a total of 62.22 million Gigajoules of energy, of which 19.49% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Goodyear Tire & Rubber has considerable room to improve its energy sustainability strategy.

Are Goodyear Tire & Rubber's energy practices becoming more sustainable?

Since 2021, Goodyear Tire & Rubber's total energy consumption remained relatively stable, but fell by 3.63% in 2023, possibly indicating early signs of energy efficiency improvements.a

Over the same period, the share of renewable energy in Goodyear Tire & Rubber's consumption increased by 194.18%, including a 7.38% increase in 2023, showing consistent progress in clean energy adoption.a

Overall, Goodyear Tire & Rubber’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Goodyear Tire & Rubber's Renewable vs Non-renewable Energy Over Time

64.48 M29.48 M5.52 M64.48 MGigajoules (GJ)20232022202120%18%80%82%93%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Goodyear Tire & Rubber's Energy Consumption & Production Mix

In 2023, Goodyear Tire & Rubber disclosed detailed information on both the sources and generation technologies of its consumed and produced energyThis disclosure enables a clearer assessment of the Goodyear Tire & Rubber's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.ab

Goodyear Tire & Rubber's Energy Consumed by Sources and Technologies

Natural Gas(94.5%)Heat(Unspecified Source)(5.5%)

What are the main sources and generation technologies behind Goodyear Tire & Rubber's energy consumption?

In 2023, Goodyear Tire & Rubber's total energy consumption was primarily sourced from ab

  • Natural Gas (94.49%)
  • Heat (Unspecified Source) (5.51%)

How diverse is Goodyear Tire & Rubber’s energy consumption mix?

In 2023, Goodyear Tire & Rubber consumed energy from 11 different sources or generation technologies, indicating a highly concentrated energy mix, with Natural Gas alone accounting for 94.49% of total consumption.ab

What are the main sources or generation technologies used by Goodyear Tire & Rubber to produce energy?

In 2023, Goodyear Tire & Rubber's energy production came primarily from b

  • Other Sources (100%)

How diverse is Goodyear Tire & Rubber’s energy production mix?

In 2023, Goodyear Tire & Rubber produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Other Sources alone making up 100% of total output.b

Goodyear Tire & Rubber's Energy Produced by Sources and Technologies

Other Sources(100.0%)

Insights into Goodyear Tire & Rubber's Energy Inflows & Self-Sufficiency

In 2023, Goodyear Tire & Rubber reported total energy inflows of 60.97 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 60.92 million Gigajoules purchased from external suppliers and 50,983.2 Gigajoules generated through internal production. This corresponds to a production share of 0.08%. b

Goodyear Tire & Rubber's Energy Purchased vs Produced Over Time

2023020 M40 M60 M80 MGigajoules (GJ)100%
  • Total Energy Produced
  • Total Energy Purchased
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