Dana Named One of America's Climate Leaders 2023 by USA Today
The list, compiled by the newspaper's research partner, Statista, recognizes the top 400 companies for their 2021 greenhouse gas (GHG) reduction performance against a 2019 baseline.
The companies were evaluated on six measures, sourced from the
- Reduction of Scope 1 and 2 emissions, adjusted by revenue growth, from 2019 to 2021;
- Energy intensity, taking 2021 GHG emissions per
$1 million in company revenue; - Total reduction of core GHG emissions from 2019 to 2021;
- Reported scope 3 emissions;
- CDP score; and
- Commitment and targets set with the Science Based Targets initiative (SBTi).
"Dana's vision of a zero-emissions future encompasses a wholistic, science-based approach to sustainability," said
Over the past few months, Dana has also been named among the "World's Most Ethical Companies" for 2023 by
In March, the company announced it had accelerated its climate commitments, with a goal of achieving net zero by 2040. As part of this commitment, Dana plans to reduce Scope 1 and 2 greenhouse gas (GHG) emissions to achieve a reduction of greater than 75 percent by 2030.
The company also announced that the SBTi has validated the company's previous climate commitments of reducing Scope 1 and 2 GHG emissions by more than 50 percent and Scope 3 GHG emissions by more than 25 percent before 2030. Dana has already initiated the validation process for its updated targets with SBTi.
With respect to renewable energy, Dana's
Dana has also completed a renewable power purchase agreement with
About
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,
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SOURCE
Jeff Cole, +1-419-887-3535, jeff.cole@dana.com