AKRON — Goodyear failed to hit a number of sustainability targets in 2020 due, it said, to complications caused by the COVID-19 pandemic.
One particular target was a planned increase in the use of soybean oil in place of petroleum-based products, Goodyear noted in its 2020 Corporate Sustainability Report.
In 2020, however, Goodyear fell short of a targeted 100% year-on-year increase in the use of soybean oil, reporting an increase of 73%, the May 24 report shows. In 2019, the company had increased its use of soybean oil by 90% over 2018 — far exceeding a 25% replacement goal set for that year.
The tire maker linked the shortfall to COVID-19-related production issues and reiterated its long-term goal of full petroleum-oil replacement in its products by 2040.