As countries grapple with how to limit global warming and protect natural resources and biodiversity, more companies are growing their own commitments to building sustainable supply chains and slowing emissions.
publicly-traded U.S. companies to disclose their greenhouse gas emissions. The largest ones may need to disclose Scope 3 emissions related to their supply chain. Once finalized, the U.S. would join a growing number of countries including the U.K. and Japan that require large companies to disclose this information. The European Union is finalizing reporting standards.
The company currently has the largest market share for replacement consumer tires in the U.S. It says its new demo tire contains 90% sustainable materials, and has improved rolling efficiency, which helps people save energy, even when the tires are on electric vehicles. There’s still some room for improvement in the sourcing of Goodyear's rubber, said Sean Nyquist of Forest Stewardship Council, which works to certify sustainable rubber.
Goodyear’s rubber sourcing follows the guidelines of the Global Platform for Sustainable Natural Rubber. Nyquist says this is an important step, but third party certification would add even more validity to sustainability claims.
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