Company Directory - The Goodyear Tire & Rubber Company
Company Details - The Goodyear Tire & Rubber Company
The Goodyear Tire & Rubber Company
WebsiteAkron, United States
ISIN: US3805370116
The Goodyear Tire & Rubber Company is a leading global tire manufacturer, known for producing a wide range of tires for automobiles, commercial vehicles, and industrial applications. The company also specializes in tire services and related products, with a commitment to innovation and sustainability.
CCI Score
CCI Score: The Goodyear Tire & Rubber Company
-12.81
0.01%
Latest Event
Goodyear Lobbying Profile Highlights Corporate Political Influence
An OpenSecrets profile provides detailed insights into Goodyear Tire & Rubber Company's lobbying activities for 2023, documenting the firm's substantial political influence through organized lobbying efforts. The data, compiled from public records and downloaded on February 19, 2025, underscores the company's active engagement in influencing political processes.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
ENABLER
The Goodyear Tire & Rubber Company is currently rated as an Enabler.
Latest Events
- FEB192025
An OpenSecrets profile provides detailed insights into Goodyear Tire & Rubber Company's lobbying activities for 2023, documenting the firm's substantial political influence through organized lobbying efforts. The data, compiled from public records and downloaded on February 19, 2025, underscores the company's active engagement in influencing political processes.
-60
Political Contributions and Lobbying Efforts
February 19
The OpenSecrets profile details significant lobbying expenditures by Goodyear, indicating that the company devotes substantial resources to influencing political decision-making. From an anti-fascist perspective, such extensive corporate lobbying can erode democratic accountability and prioritize private interests over public welfare, thereby contributing to the infrastructure that can support authoritarian outcomes.
- JUL302024
Goodyear's 2023 corporate responsibility report highlights a 21.9% reduction in GHG emissions relative to 2019, an increase in renewable energy usage, the launch of its EcoReady sustainable tire, strengthened inclusion through a 15% growth in Employee Resource Groups, and a sustainable sourcing initiative training nearly 5,000 Indonesian farmers.
+60
Labor Relations and Human Rights Practices
April 3
The report demonstrates a strong commitment to improving labor relations and human rights practices, evidenced by a nearly 15% growth in Employee Resource Groups. This progress supports worker empowerment and inclusive practices, aligning with anti-authoritarian values by promoting transparency and fairness in corporate culture.
Goodyear reports big reduction in GHG emissions over 2019 in 2023 corporate responsibility report
+50
Supply Chain Ethics
April 3
The report outlines significant improvements in supply chain ethics, including a dedicated project that trained nearly 5,000 farmers in Indonesia to adopt better agricultural practices, supporting sustainable sourcing of natural rubber. This contributes to community empowerment and ethical supply chain management, reinforcing progressive corporate practices.
Goodyear reports big reduction in GHG emissions over 2019 in 2023 corporate responsibility report
- JUL032024
Goodyear released its 2023 corporate responsibility report, detailing progress in sustainability, human and labor rights, and sustainable sourcing initiatives. The report highlights improvements such as increased participation in employee resource groups, a boost in volunteering, and a training program for farmers in Indonesia aimed at sustainable practices.
+60
Labor Relations and Human Rights Practices
July 3
The report emphasizes progress in fostering an inclusive and supportive work environment, evidenced by a nearly 15% increase in ERG membership and a 20% rise in participation in the Global Week of Volunteering. These improvements reflect a positive approach to labor relations and human rights practices.
+50
Supply Chain Ethics
July 3
The report outlines a strong commitment to sustainable sourcing, including the funding of a Capability Building Project that trained nearly 5,000 farmers in Indonesia. This initiative supports ethical supply chain practices and helps promote sustainable agricultural methods.
- JUN272024
Goodyear released its 2023 Corporate Responsibility Report detailing significant sustainability achievements, including a 21.9% reduction in GHG emissions, progress on sustainable product development with the EcoReady tire, enhanced labor inclusivity through growing Employee Resource Groups, and sustainable sourcing initiatives such as training 5,000 Indonesian farmers.
+55
Executive Political Engagement
April 3
The CEO’s statement emphasizing an unwavering commitment to sustainability and delivering value to communities reflects responsible executive political engagement that supports progressive values and counters authoritarian tendencies.
GOODYEAR SHARES SUSTAINABILITY PROGRESS IN 2023 CORPORATE RESPONSIBILITY REPORT
+70
Labor Relations and Human Rights Practices
April 3
The report underscores significant efforts to foster an inclusive culture through increased participation in Employee Resource Groups and volunteering initiatives, demonstrating robust commitment to labor rights and human rights.
GOODYEAR SHARES SUSTAINABILITY PROGRESS IN 2023 CORPORATE RESPONSIBILITY REPORT
+60
Supply Chain Ethics
April 3
By advancing sustainable sourcing practices and partnering with global platforms to train farmers, Goodyear enhances ethical supply chain governance, reducing social and environmental impacts.
GOODYEAR SHARES SUSTAINABILITY PROGRESS IN 2023 CORPORATE RESPONSIBILITY REPORT
- DEC312023
The Goodyear Tire & Rubber Company voluntarily disclosed its political contributions and lobbying expenditures for the year ended December 31, 2023. The report details that while no funds were contributed directly to political candidates, significant contributions exceeding $50,000 were made to industry organizations such as the Alliance for American Manufacturing ($212,277), U.S. Tire Manufacturers Association ($196,896), and Consumer Technology Association ($123,500).
-20
Political Contributions and Lobbying Efforts
April 3
While the voluntary disclosure reflects a commitment to transparency in political spending, the significant sums contributed to industry trade associations raise concerns about the potential for undue corporate influence in shaping public policy. Such contributions, even when reported, can empower industry groups that often lobby for policies benefiting corporate interests and may indirectly support authoritarian or oligarchic tendencies, a point of concern from an anti-fascist perspective.
PDF The Goodyear Tire & Rubber Company Voluntary Report of 2023 Political Contributions
- NOV012023
The Goodyear Tire & Rubber Company’s PAC donated $162,000 to federal candidates during the 2023-2024 election cycle, as reported by OpenSecrets. This event highlights the company's active political financing through PAC contributions.
-30
Political Contributions and Lobbying Efforts
April 3
The PAC contribution of $162,000 signifies an active approach in influencing political outcomes through financial channels. From an anti-fascist, pro-democracy perspective, such corporate political spending can entrench corporate influence over public policy and potentially support candidates whose policies may not favor workers’ rights or marginalized communities. Although the specific political leanings of the recipients are not detailed in the report, the mere engagement in political donations raises concerns regarding corporate complicity in shaping a political environment that could lean towards authoritarian practices.
Goodyear Tire & Rubber PAC Contributions to Federal Candidates
- OCT012023
Goodyear is accused of labor abuses at its Malaysian facility, including unpaid wages, unlawful overtime, and threats to foreign workers, based on court documents and worker complaints.
-75
Labor Relations and Human Rights Practices
April 3
The allegations of unpaid wages, unlawful overtime, and worker threats at Goodyear's Malaysian factory show a serious disregard for labor rights and ethical business practices. Such conduct undermines worker protections and aligns with practices that can fuel authoritarian dynamics by marginalizing workers.
U.S. tyre maker Goodyear faces allegations of labour abuse in Malaysia
- JUL192023
On July 19, 2023, the US Department of Labor and Trade Representative, in coordination with the Mexican government, reached an agreement with Goodyear to remediate labor rights violations at its San Luis Potosí facility. The agreement mandates the application of a sector‐wide labor contract, ensures back pay for underpaid workers, supports union representation, and establishes confidential reporting mechanisms.
-70
Labor Relations and Human Rights Practices
April 3
The remediation agreement addresses significant labor rights violations at the Goodyear facility, including the denial of collective bargaining rights and wage discrepancies. This enforcement action by government authorities highlights serious shortcomings in Goodyear's labor practices, reflecting a negative record on respect for worker rights.
- JAN012023
In 2023, Goodyear Tire & Rubber spent over $2.1 million on lobbying activities, as reported by OpenSecrets. This substantial lobbying expenditure underscores the company's active involvement in influencing U.S. policy.
-40
Political Contributions and Lobbying Efforts
April 3
The disclosed lobbying spend of $2.11 million in 2023 indicates significant corporate political engagement. Such spending can be viewed as an effort to influence policy in favor of corporate interests, potentially undermining democratic accountability and reinforcing power imbalances that may benefit authoritarian-aligned policies.
- AUG012017
OSHA inspectors at Goodyear’s Social Circle facility in August 2017 issued seven serious citations for failing to provide adequate personal protective equipment and safety measures, exposing employees to risks such as burns, hazardous energy, and amputation hazards. The company faces proposed penalties of $69,058.
-60
Labor Relations and Human Rights Practices
April 3
The OSHA inspection uncovered significant safety deficiencies at Goodyear’s facility, reflecting poor labor practices and inadequate protection for workers. This neglect of employee safety exposes the company to criticism for failing to uphold basic human rights in the workplace.
Alternatives
Clermont-Ferrand, France
-32.24
Memphis, United States
-17.14
Raleigh, United States
-22.36
Memphis, United States
-26.59
Rotterdam, Netherlands
-2.04
Midland, USA
-25.34
Corporation
3.29
Corporation
-5.86
Corporation
-62.51
Richmond, United States
42.18
Corporate Financials
- Revenue
- 2022
- $16.82B
- Total Assets
- 2022
- $19.49B
- Operating Income
- 2022
- $1.47B
- Total Equity
- 2022
- $5.32B
Employees: 72,000
Industries
- 324121
- Asphalt Paving Mixture and Block Manufacturing
- 326211
- Tire Manufacturing (except Retreading)
- 441320
- Tire Dealers