Dana Inc. has been named one of “America’s Most Responsible Companies 2022” by Newsweek magazine. The company has been named to the list every year since its inception, marking the third consecutive year for the honor. Dana was ranked 154 out of the 500 awarded companies and ranks fifth in the Automotive and Components category.
Dana’s scoring in the environmental category increased by nearly 10 points, contributing significantly to the company’s ranking.
“This recognition by Newsweek is a demonstration of the Dana team’s commitment to doing business the right way, while taking careful consideration for the positive impact we can have on our people, our customers and our shareholders,” said James Kamsickas, Dana chairman and CEO. “Dana places an emphasis on key foundational principles that have helped drive our business to success. Whether its ethical practices, employee health and wellness, inclusion and diversity, or the design, sourcing, and manufacturing of our products, we are focused on continuously improving so that we can confidently and responsibly deliver value for stakeholders.”
The list is compiled after a detailed analysis by Newsweek and its partner, Statista, of the corporate social responsibility efforts of the 2,000 largest public companies by revenue and includes a review of environmental, social, and corporate governance practices of each company.
The list was narrowed using a four-phase process that included an independent survey among 7,500 U.S. citizens and research based on publicly available key performance indicators derived from corporate annual reports, corporate social responsibility reports, sustainability reports and corporate citizenship reports