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 GHG Emissions Data Preview

In 2024, Goodyear Tire & Rubber completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Goodyear Tire & Rubber has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Goodyear Tire & Rubber's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Goodyear Tire & Rubber amounted to 2,887,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Goodyear Tire & Rubber decreased by 3.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Goodyear Tire & Rubber's Scope 1 Emissions Over Time

20182019202020212022202320240400 k800 k1.2 M1.6 MtCO2e+8%-9%+19%+4%-5%0%
  • Total Scope 1
  • Year-over-Year Change

What are Goodyear Tire & Rubber's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Goodyear Tire & Rubber were 1,389,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Goodyear Tire & Rubber reduced its Scope 1 emissions over time?

Since 2018, Goodyear Tire & Rubber's Scope 1 emissions have increased by 16.53%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Goodyear Tire & Rubber's Scope 1 emissions remained relatively stable, indicating that Goodyear Tire & Rubber's emissions have plateaued with no significant change in its operational footprint.

What are Goodyear Tire & Rubber's Scope 2 emissions?

In 2024, Goodyear Tire & Rubber reported Scope 2 greenhouse gas (GHG) emissions of 1,124,000 tCOâ‚‚e using the market-based method, and 1,498,000 tCOâ‚‚e using the location-based method.

Has Goodyear Tire & Rubber reduced its Scope 2 emissions over time?

Since 2018, Goodyear Tire & Rubber's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Goodyear Tire & Rubber 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2023), Goodyear Tire & Rubber's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Goodyear Tire & Rubber 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Goodyear Tire & Rubber use for Scope 2 reporting?

In 2024, Goodyear Tire & Rubber reported its Scope 2 emissions using the market-based method and using the location-based method.

Goodyear Tire & Rubber's Scope 2 Emissions Over Time

20182019202020212022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Goodyear Tire & Rubber's Value Chain Emissions

In 2024, Goodyear Tire & Rubber reported 130,442,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Goodyear Tire & Rubber includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Goodyear Tire & Rubber's Scope 3 Emissions Over Time

202220232024040 M80 M120 M160 MtCO2e-5%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Goodyear Tire & Rubber's Scope 3 emissions?

In 2024, Goodyear Tire & Rubber reported total Scope 3 emissions of 130,442,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 7.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.76% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Goodyear Tire & Rubber's Scope 3 emissions decreased by 13.02%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Goodyear Tire & Rubber disclose?

In 2024, Goodyear Tire & Rubber reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Goodyear Tire & Rubber's Scope 3 emissions?

In 2024, the largest contributors to Goodyear Tire & Rubber's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 120,438,000 tCOâ‚‚e (92.33%)
  • Purchased Goods and Services (Cat. 1): 7,019,000 tCOâ‚‚e (5.38%)
  • Upstream Transportation and Distribution (Cat. 4): 1,287,000 tCOâ‚‚e (0.99%)

Goodyear Tire & Rubber's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(5.4%)Use of Sold Products(Cat. 11)(92.3%)

Insights into Goodyear Tire & Rubber's Total Carbon Footprint

In 2024, Goodyear Tire & Rubber reported a total carbon footprint of 133,329,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.84% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Goodyear Tire & Rubber's total carbon footprint was Scope 3 emissions, accounting for 97.83% of the company's total carbon footprint, followed by Scope 2 emissions at 1.12%.