MAUMEE,
Ohio, April 22, 2022 /PRNewswire/ -- Dana
today published A Better Way, A Better World – the company's
all-digital and interactive annual Sustainability and Social
Responsibility report.
Available on Dana.com, the report outlines the company's
commitment to changing the world by delivering on its e-propulsion
strategy, protecting the planet, leading through innovation, and
supporting our more than 14,000 customers around the globe.
"Dana's holistic approach to sustainability and social
responsibility is driving us to achieve our guiding vision of a
zero-emissions future," said Doug
Liedberg, senior vice president and chief sustainability
officer. "We are focused on leading by example with the delivery of
clean-energy technologies that are powering vehicles and machines
throughout the world. From sourcing and manufacturing to delivery
and end-use, we are committed to transparent and sustainable
operations that maximize efficiency, reduce consumption, and
support our customer's sustainability priorities."
Dana's 2021 A Better Way, A Better World Report
emphasizes the company's focus on driving Dana's electrification
product portfolio, working to reduce global greenhouse gas (GHG)
emissions, and advancing global efficiency programs.
Highlights from the report include Dana's:
- Placement in the 90th percentile for the automotive sector on
the S&P Global Corporate Sustainability Assessment;
- Global recognition as one of "America's Most Responsible
Companies" by Newsweek for three consecutive years;
- Progress toward reducing its global Scope 1 and 2 GHG emissions
more than 50 percent by 2030;
- Dedication to transparency and accuracy by joining the Science
Based Target initiative;
- Long-term renewable energy agreement that will reduce the
company's current United States
annual GHG emissions from electricity by approximately 90
percent;
- New business sales backlog from clean-energy technology
products through 2024;
- Vertically integrated technical competence to design, engineer,
and manufacture the components of a complete e-Propulsion system
across all mobility markets;
- Expanded use of advanced, energy-efficient production processes
around the world to reduce water consumption and waste;
- Sustained commitment to providing a safe, respectful, inclusive
and diverse workplace — where all of Dana's 40,000 employees across
139 major facilities in 31 countries can contribute and succeed;
and
- Independent recognition across the globe as a top employer by
the Top Employers Institute and Great Places To Work®, including
Dana's operations in Belgium,
China, Hungary, India, Italy,
Lithuania, Mexico, the
Netherlands, Switzerland,
the United Kingdom, and
the United States.
- The report is accompanied by an appendix addressing the
company's methodology and use of the Global Reporting Initiative,
Sustainability Accounting Standards Board, and the Task Force on
Climate-related Financial Disclosure's guidance, which identify the
list of material topics for Dana's reporting.
About Dana Incorporated
Dana is a leader in the design
and manufacture of highly efficient propulsion and
energy-management solutions that power vehicles and machines in all
mobility markets across the globe. The company is shaping
sustainable progress through its conventional and clean-energy
solutions that support nearly every vehicle manufacturer with drive
and motion systems; electrodynamic technologies, including software
and controls; and thermal, sealing, and digital solutions.
Based in Maumee, Ohio, USA, the
company reported sales of $8.9
billion in 2021 with 40,000 people in 31 countries across
six continents. Founded in 1904, Dana was named one of
"America's Most Responsible Companies 2022" by Newsweek for its
emphasis on sustainability and social responsibility. The company
is driven by a high-performance culture that focuses on valuing
others, inspiring innovation, growing responsibly, and winning
together, earning it global recognition as a top employer. Learn
more at dana.com.
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SOURCE Dana Incorporated