MAUMEE, Ohio, May 6, 2021
/PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today
that it has received the inaugural Sustainability Award in
Automotive from the ATZ/MTZ Group and Roland Berger for its Holistic Sustainability
Approach.
The award recognizes companies with developed mobility solutions
that take the environment and resources into account in a
future-oriented and sustainable manner. It focuses on
products, processes, and initiatives that have a holistic impact on
sustainability in the automotive industry. Dana was selected
from more than 50 submissions and was among eight winners in seven
categories.
"Dana's holistic approach to sustainability and social
responsibility is demonstrated by our commitment to empowering our
people, delivering innovative products, protecting the planet, and
maintaining strong governance practices," said Doug Liedberg, senior vice president and chief
sustainability officer for Dana Incorporated. "We recognize
the important opportunity Dana has to positively impact the
environment, and receiving this award further validates the success
of our sustainability initiatives."
The judges specifically highlighted Dana's electric motor
technology as a key factor for its selection, along with the
company's strong commitment to environmental, social, and corporate
governance practices. Dana is the only supplier capable of
delivering all elements of a fully integrated electrified drive
system in-house, including motor, inverter, gearboxes, thermal
management, and software and controls – across all mobility
markets.
In addition to introducing innovative solutions for electrified
vehicles, Dana continues to invest in improving its traditional
product offerings, including the introduction of the Spicer
AdvanTEK Ultra™ axle system, which the company's
engineers designed using a low-viscosity lubricant to deliver
best-in-class efficiency.
In April, Dana published its annual sustainability and social
responsibility report, which highlighted the company's commitment
to continuous improvement in core ESG areas, including the
reduction of its total annual greenhouse gas emissions by more than
50 percent before the end of 2035. The company was also recently
recognized by Newsweek as one of the "Most Responsible
Companies."
About Dana Incorporated
Dana is a leader in the design and manufacture of highly efficient
propulsion and energy-management solutions for all mobility markets
across the globe. The company's conventional and clean-energy
solutions 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 $7.1
billion in 2020 with 38,000 associates in 33 countries
across six continents. Founded in 1904, Dana was named one of
"America's Most Responsible Companies 2021" by Newsweek for its
emphasis on sustainability and social responsibility. The
company is driven by a high-performance culture that focuses on its
people, which has earned it global recognition as a top employer,
including "World's Best Employer" from Forbes magazine. Learn
more at dana.com.
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SOURCE Dana Incorporated