Yes to science-based targets  - Sustainability and Social Responsibility Report 2022

Science drives our strategic approach to sustainability. We know that it’s crucial to transparently measure, validate, and report on our climate commitments.

It demonstrates that we are serious about the actions that we are taking to help improve the environment.

How you measure matters.

After the Science Based Target initiative (SBTi) validated our 2022 climate commitments, we initiated a revised SBTi validation process for our 2040 net zero target and other climate actions.

We are proud to partner with SBTi’s member organizations — Carbon Disclosure Project, United Nations Global Compact, World Resources Institute, and Worldwide Fund for Nature — to drive sustainable best practices and lead the way to a zero-carbon economy.

Carbon Disclosure Project.

We report annually to the Carbon Disclosure Project (CDP), a global platform working with organizations of all types to drive positive environmental changes. We are proud to support CDP’s important mission to collect, measure, and reduce global GHG emissions.

Continuous improvement.

We leverage our robust environmental management systems to drive continuous improvement across the organization including initiatives to reduce water, energy consumption, waste, and emissions. We also reuse and recycle to minimize our environmental footprint. These measures are part of our overall approach to regularly assess Dana’s environmental compliance to ensure that we always operate to industry-leading standards.

Global reporting standards.

Consistent with our commitment to disclose Dana’s sustainability and social responsibility performance, we comply with leading global reporting standards including: the Global Reporting Initiative (GRI), the Sustainable Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD).

Results being recognized.

We are proud to place in the 90th percentile for the automotive sector on the S&P Global Corporate Sustainability Assessment. We also received the S&P Global 2022 Sustainability Yearbook Member Award — honoring top performing companies creating a stronger and healthier future for our planet.

Science-based targets