Goodyear

Tires & Rubber
GT
$ 12 (0.67)%
Share price
$ 3.4 bn
Market Cap
$ 11 bn
Enterprise Value

Carbon footprint

199 Ton
GHG emissions per $ 1 mln investment
5.9x the weighted average for S&P 500
FY2020
How is this calculated?
-14%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Goodyear's GHG emissions (location-based) (Kt of CO2e)
Goodyear's Carbon intensity (Tons per 1 USDm)

Goodyear's carbon footprint

Goodyear reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 2,244 Kt (-373 /-14.3% y-o-y). At the same time, carbon intensity was up at 182 t (+4.6/+2.6% y-o-y).

No public disclosure of Scope 3 emissions has been found for Goodyear at the moment.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Goodyear also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target The Goodyear Tire & Rubber Company commits to reach net-zero greenhouse gas emissions across the value chain by 2050 from a 2019 base year. Near-Term Targets The Goodyear Tire & Rubber Company commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. The Goodyear Tire & Rubber Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation 28% within the same timeframe. Long-Term Targets The Goodyear Tire & Rubber Company commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year. The Goodyear Tire & Rubber Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation 90% within the same timeframe.

Company environmental metrics

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