The Goodyear Tire & Rubber Company has announced its goal to reach net zero greenhouse gas emissions by 2050.
It has also committed to achieve near-term science-based targets, reducing its Scope 1 and 2 emissions by 46% and Scope 3 emissions by 28% by 2030, using 2019 as the base year.
The company’s strategy to achieve its goals include procuring 100% renewable energy in its facilities across Europe, Middle East and Africa by 2022 and increasing the use of alternative raw materials, which has the potential to reduce its consumption of petroleum-based feedstocks and cut its carbon footprint.
It supports Goodyear’s goal to create sustainable and maintenance-free tyres by 2030.
Richard J. Kramer, Chairman, Chief Executive Officer and President of Goodyear, which manufactures its products in 55 facilities in 23 countries said: “Goodyear’s net zero goal and alignment to SBTi reflect our commitment to sustainability and reducing our carbon footprint.
“As one of the world’s largest tire manufacturers, we are committed to doing our part to implement transformative changes that will help protect our planet for future generations and build a more sustainable business for all of our stakeholders.”