Message From the Chairman and CEO
Dear Fellow Stakeholders,
I am pleased to share with you Dana’s 2020 Sustainability and Social Responsibility Report. At Dana, corporate social responsibility encapsulates our vision for a better future, adopting a balanced approach that considers the people we encounter, the products we develop, and the planet that enables us to do our work.
Our world is a remarkable place worth fighting for, and we all have a responsibility to protect a shared planet that intersects every aspect of our lives. Within the mobility industry, we have a unique opportunity to lead by example, not only in how we design and develop products, but in how we manufacture them to reduce our impact on the environment.
As an organization, we recognize the need to embrace technology and reimagine how we do things to ensure that present and future generations have a prosperous and sustainable place to live.
I agree with the principle that what you do makes a difference, and that you have to decide what kind of difference you want to make. In 2020, Dana committed to reducing our total annual greenhouse gas emissions by more than 50 percent before the end of 2035. We also signed a long-term renewable energy agreement that will reduce our current U.S. annual greenhouse gas emissions from electricity by approximately 90 percent.
We continued adding solar power generation to Dana manufacturing facilities and we expanded our use of advanced energy-efficient production processes around the world to reduce our greenhouse gas emissions, water consumption, and waste. We also report annually to the Carbon Disclosure Project, an international non-profit organization, to ensure transparency of climate change management for all stakeholders.
Furthermore, we appointed our first Chief Sustainability Officer and added a standing Technology and Sustainability Committee to our Board of Directors to access their strategic insight relating to innovation, new technologies, and sustainability and social responsibility.
“Our range of technologies is able to deliver efficiencies across traditional powertrains, hybrids, electrics, and even hydrogen fuel cells.”
Working out the best ways to tackle climate change is one of the key challenges facing policymakers and manufacturers.
Through our electrified product portfolio, we are acting now to support vehicle electrification and other sustainability initiatives to help achieve the Paris Climate Agreement targets that we have supported. In fact, our range of technologies delivers efficiencies across traditional powertrains, hybrids, electrics, and even hydrogen fuel-cells.
We remain steadfast in our efforts to contribute to the global economy by creating innovative technologies and products. These new competencies further enhance our ability to deliver all elements of a complete, fully integrated electrified system across all mobility markets in any region of the world. Our network of global technology centers is home to hundreds of the world’s leading engineers, technicians, and scientists and is strategically located across nine countries to ensure proximity to customers.
In 2020, we developed e-Propulsion systems (e-Axles, e-Drive units, e-Hub drives, e-Gearboxes), e-Motion systems, complete fully integrated e-Powertrains, and electrodynamic modules. This includes co-innovating with our partners to shape the next generation of mobility technology and anticipating every step of the innovation journey through advanced engineering and product development.
“Global recognition during 2020 as one of the world’s best employers is a testament to how strongly we live these values.”
From Brazil to Belgium and Canada to China, Dana’s higher purpose is lived by 38,000 employees located in 33 countries working toward a better tomorrow for our customers and communities.
Safety is our No. 1 priority, and we continuously strive to foster a culture where all ideas are welcomed, and our employees always feel safe and empowered. Global recognition during 2020 as one of the World’s Best Employers by Forbes and one of the Most Responsible Companies by Newsweek is a testament to how strongly we live these values.
This has been a year unlike any other in my lifetime. I felt the power of the Dana family and the depth of our team’s character as we managed through the operational challenges of the pandemic with more than 100 major facilities around the world temporarily idled to slow the spread.
I saw how our people applied their expertise to manufacture critical components for ventilators and source millions of masks, gloves, face shields, and thermal body scanners for our front-line workers and community partners. Our spirit of "One Dana" and a duty of care for each other sparked innovation, collaboration, and resilience which I know can be applied to future global challenges.
This mindset of resiliency underscores everything we do at Dana. It embraces our commitment to living a higher purpose; helping customers innovate and achieve their goals; focusing on total systems thinking; serving our communities; and creating more sustainable practices that strengthen our business in a changing world. We are People Finding A Better Way.
My personal best,
James K. Kamsickas
Chairman and Chief Executive Officer