Goodyear

Tires
GT
$ 11 (3.5)%
Share price
$ 3.2 bn
Market Cap
$ 12 bn
Enterprise Value

Carbon footprint

190 Ton
GHG emissions per $ 1 mln investment
6.7x the weighted average for S&P 500
FY2020
How is this calculated?
-14%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-7.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Goodyear aims to reduce Scope 1 + 2 by 25% by 2023 from a base year 2010


This target has not been verified as science based according to SBTi
Goodyear's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

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 is committed to reducing Scope 1 + 2 by 25% by 2023 from a base year 2010, which translates into the estimated reduction of -167 Kt per annum over the period of FY2021 - FY2023. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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