Potential offtaker

The Goodyear Tire & Rubber Company

www.goodyear.com

Estimated electricity consumption

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Countries of production presence

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The Goodyear Tire & Rubber Company is a leading American tire manufacturer that has been in operation for over 120 years. Founded in 1898, the company has grown to become one of the largest tire manufacturers in the world, with operations in over 20 countries. Goodyear is known for its innovative tire designs, which have been used in a wide range of vehicles, from cars and trucks to airplanes and space shuttles.

In recent years, Goodyear has been focusing on decarbonisation and reducing its carbon footprint. The company has set ambitious goals to reduce its greenhouse gas emissions and has been investing in renewable energy and other sustainable practices. Goodyear recognizes that climate change is a major threat to the environment and to its business, and is committed to doing its part to address this issue.

One of the ways that Goodyear is working towards decarbonisation is through its corporate energy program. This program is focused on improving the energy efficiency of Goodyear's operations and reducing its reliance on fossil fuels. The company has invested in energy-efficient equipment and has implemented a range of energy-saving measures, such as LED lighting and HVAC upgrades. These efforts have helped Goodyear to reduce its energy consumption and greenhouse gas emissions.

Another way that Goodyear is working towards decarbonisation is through the use of corporate power purchase agreements (PPAs). PPAs are contracts between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy over a set period of time. Goodyear has signed several PPAs with wind and solar energy providers, which has helped the company to reduce its reliance on fossil fuels and to support the growth of renewable energy.

Goodyear has also made significant investments in renewable energy. The company has installed solar panels at several of its facilities, which has helped to reduce its energy costs and greenhouse gas emissions. In addition, Goodyear has invested in wind energy projects, including a wind farm in Texas that provides renewable energy to the company's manufacturing facilities in the region.

Overall, Goodyear's commitment to decarbonisation and renewable energy is a reflection of its broader sustainability strategy. The company recognizes that sustainability is not only good for the environment, but also for its business. By reducing its carbon footprint and investing in renewable energy, Goodyear is positioning itself as a leader in the tire industry and demonstrating its commitment to a more sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment