Goodyear
Jump to Goodyear: Alerts;
• Goodyear is the world's third largest tire producer and also makes industrial chemicals, automotive hoses and belts.
• Goodyear earned a prominent place on the Toxic 100 Index based on air releases of chemicals from industrial facilities and the toxicity of these chemicals.
• New York City's Comptroller urged Goodyear to address the issues of human rights in its international supply chains.
• Goodyear’s contract with the United Steel Workers recently expired and the company is already discussing cuts to worker salaries to ease financial tension.
• Use Go Green to build a greener, sustainable economy for everyone.
-- Profile Updated 06/16/2008
About Goodyear
Goodyear ranks behind Bridgestone and Michelin as the world's number three tire producer. The company also makes industrial chemicals, automotive hoses and belts. Goodyear has roughly 90 plants worldwide and 1,700 retail centers. In partnership with Sumitomo Rubber Industries, Goodyear makes Dunlop brand tires for the North American and European markets. In 2006, Goodyear's sales topped $20 billion and employed a workforce of 77,000.
Affiliates
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Sumitomo Rubber Industries, Ltd. (10)
Contact Goodyear
Goodyear
Akron, OH 44316-0001
USA
Phone: 330-796-2121
Web: www.goodyear.com
Alerts
Health and Safety
Goodyear ranked 20th among the worst corporate polluters according to the Political Economy Research Institute's Toxic 100 index.…
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Goodyear ranked 20th among the worst corporate polluters according to the Political Economy Research Institute's Toxic 100 index. The Toxic 100 index is based on air releases of hundreds of chemicals from industrial facilities across the United States. The rankings take into account not only the quantity of releases, but the relative toxicity of chemicals, nearby populations, and factors such as prevailing winds and height of smokestacks. The Toxic 100 index identifies the top air polluters among corporations that appear in the “Fortune 500,” “Forbes 500,” and “Standard & Poor's 500” lists of the country's largest firms.
-- Political Economy Research Institute (PERI), 05/11/2006
Source URL: www.peri.umass.edu/toxic100/
Goodyear was among a group of refiners and petrochemical companies that agreed to pay a $120 million penalty for dumping chemical …
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Goodyear was among a group of refiners and petrochemical companies that agreed to pay a $120 million penalty for dumping chemical and oil-based waste at the Sikes Disposal Pits site near Crosby, Texas, in the 1950s and 1960s. The EPA and the State of Texas ran clean-up operations at the site from the early 1990s to 1995. The $120 million settlement was designed to reimburse the US government for clean-up costs of $111.3 million, plus interest, and the State of Texas for $8.7 million, plus interest.
-- Planet Ark, 09/10/2001
Source URL: www.planetark.org/dailynewsstory.cfm/newsid/12346/story.htm
Labor
The United Steelworkers of America (USW) broke off talks with Goodyear Tire & Rubber Co., aimed to resolve a 6 week strike.…
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The United Steelworkers of America (USW) broke off talks with Goodyear Tire & Rubber Co., aimed to resolve a 6 week strike. With the expiration of labor contracts between the USW and Goodyear in July of 2006, Goodyear is looking to alter job classifications and cut wages for nearly 60 percent of workers. For some workers, Goodyear's plan would mean the loss of up to 40 percent of their current pay. Goodyear expressed the company's need to lower costs at its twelve plants previously covered by the contract with USW. By the end of 2006, Goodyear will have to invest between $550 million and $750 million in its underfunded pension plan.
-- Reuters, 11/17/2006
Source URL: query.nytimes.com/gst/fullpage.html?res=9807E1DD1630F933A05751C1A9609C...
Ethics and Governance
Former Goodyear employee Lilly Ledbetter sued the company on the grounds of discrimination.…
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Former Goodyear employee Lilly Ledbetter sued the company on the grounds of discrimination. She claimed that after working 19 years at the Goodyear plant in Gadsden, Alabama, she still made $6,000 less than the lowest-paid man in the same job. Goodyear denies discriminating against her. Ledbetter was initially awarded $3.8 million until a judge reduced the award to $360,000. The 11th US Circuit Court of Appeals overturned the verdict on the basis that her allegations came well after the 180-day deadline for complaining about discriminatory pay decisions.
-- Washington Post, 11/28/2006
Source URL: www.washingtonpost.com/wp-dyn/content/article/2007/05/29/AR20070529007...
Goodyear Tire & Rubber Co. is being sued by the Department of Labor for alleged discrimination against hundreds of women at one of…
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Goodyear Tire & Rubber Co. is being sued by the Department of Labor for alleged discrimination against hundreds of women at one of its Virginia plants in the late 1990s. The lawsuit calls for Goodyear to hire and offer back wages, retroactive seniority and all other employment benefits to the women who were denied employment based on their gender. A spokesman from the Labor Department stated that from January 1998 through June 1999, Goodyear implemented "a hiring process and selection procedures that discriminated against hundreds of female applicants for entry-level positions on the basis of gender." Goodyear denies the charges and is working with the DOL to bring the matter to a close.
-- U.S. Department of Labor, 06/16/2006
Source URL: www.dol.gov/esa/media/press/ofccp/of2006971.htm
Human Rights
New York City Comptroller William Thompson Jr. filed shareholder resolutions with Goodyear and 10 other companies urging them to a…
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New York City Comptroller William Thompson Jr. filed shareholder resolutions with Goodyear and 10 other companies urging them to address human rights abuses of workers by their foreign suppliers. The firms are being asked to implement United Nations workplace rights principles and use outside monitors to ensure overseas suppliers’ compliance. The resolutions were filed on behalf of the New York City's pension funds, which own shares with a total value of almost $700 million. Other companies targeted by the resolutions are Bed Bath & Beyond Inc., Altria, Limited Brands, Mattel Inc., Lear Corp., Timberland Co., C.R. Bard Inc., Cooper Industries Ltd., Hasbro Inc., and Kimberly Clark.
-- Crain's NY Business, 02/08/2006
Source URL: none available
