Dana Plans to Achieve Net Zero by 2040

Dana Plans to Achieve Net Zero by 2040

Dana said it plans to achieve a 75 percent reduction by 2030.

Dana Incorporated announced it has accelerated the company’s climate commitments with a goal of achieving net zero by 2040.  As part of this commitment, Dana says it is accelerating its plan to reduce Scope 1 and 2 greenhouse gas (GHG) emissions and plans to achieve a 75 percent reduction by 2030, up from its previously announced goal of 50 percent by 2030.

“Dana is committed to a science-based approach in achieving substantial reductions in our global emissions,” said James Kamsickas, Dana chairman and chief executive officer.  “The acceleration of these targets is a testament to our team’s focus on implementing strategic sustainability initiatives across every level of the organization so that we can ensure we not only deliver innovative solutions to meet our customer’s needs, but also do so in the most responsible manner.”

Dana says reaching these accelerated targets will require the company to continue implementing projects across each of its facilities to improve efficiency and reduce emissions and energy consumption.  It will also include leveraging on-site renewable energy projects and renewable energy purchase agreements to support reductions across the globe.

Last month, Dana completed a renewable power purchase agreement with Enel Green Power for an upcoming solar project in Spain. The agreement, commencing January 2025, will supply Dana with approximately 240,000 megawatt hours per year of renewable energy. This project will offset 100 percent of Dana’s emissions from purchased electricity in Europe.

Dana adds its previously announced Texas wind facility in Texas became operational in December 2022 and is now generating approximately 300,000 megawatt hours of renewable electricity annually, offsetting 100 percent of Dana’s emissions from purchased electricity in the United States and Canada.

Dana also has several on-site renewable energy projects, including an on-site solar array on the campus of its World Headquarters and Technology Center in Maumee, Ohio, USA.  Supported by GEM Energy, the project will supply approximately 30 percent of the facility’s electricity requirements.

Built on a Science-based Approach
Dana says it is committed to achieving its targets using a science-based approach. Recently, the company announced that the Science Based Target initiative (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.  The company has initiated the validation process for these new targets with SBTi.

Aligned with United Nations Global Compact
In addition to its commitment to science-based targets, Dana announced it has also joined the United Nations Global Compact, which is focused on implementing ten principles that address important action for human rights, labor, the environment, and anti-corruption.

For more information, visit dana.com.

You May Also Like

Dana Participating in Easter Jeep Safari

The event will take place in Moab, Utah, March 23-31.

Dana to Participate in Easter Jeep Safari 2024

Dana Incorporated will participate in Easter Jeep Safari 2024, held March 23-31 in Moab, Utah. Dana products will be on site and available for demonstrations.

“At Dana, we are committed to rigorously testing and validating our products in the most challenging conditions to guarantee superior quality, durability, and performance,” said Bill Nunnery, senior director, sales and marketing, global aftermarket for Dana. “Easter Jeep Safari features rugged trails that offer us an ideal terrain for product trials. The event also gives us the opportunity to engage with Jeep enthusiasts and understand how we can enhance their off-road experiences through vehicle customizations.”

ZF Aftermarket Releases 80 New Parts

The latest additions expand coverage to more than 5 million vehicles in operation.

ZF Aftermarket Releases 80 New Parts
Schaeffler Highlights ESG Progress in 2023 Sustainability Report

Schaeffler is currently focusing on seven key ESG goals in the implementation of its sustainability strategy.

Schaeffler 2023 Sustainability Report
CMA, DoubleCoin to Showcase Long-Haul Steer Tires at MATS

Company reps will be on-site to answer questions, schedule meetings and coordinate a raffle of outdoor sporting equipment in booth #11140.

tire-distribution-outlook-tire-rack
GB Reman to Host Jackpot Giveaway Winner at Long Beach Grand Prix

Jon Hetzel, owner of Hesski ServiCenter in Levittown, Pennsylvania, will join GB Reman in the company’s hometown next month

GB Reman to Host Jackpot Giveaway Winner at Grand Prix of Long Beach

Other Posts

SKF Aims to Eliminate Greenhouse Gas Emissions 

SKF joined and co-funded Mission 0 to help deliver solutions to eliminate GHG emissions in materials, production and end-of-life of passenger cars.

SKF Aims to Eliminate Greenhouse Gas Emissions 
Bendix Surpasses Worker Safety Goals

Bendix says its Total Case Improvement Rate improved since 2022.

Bendix Announces Worker Safety Statistics
New Rislone ‘DEF Crystal Clean’ Clears P20EE Codes

The product scrubs away crystal contaminants from the selective catalytic reduction systems of diesel cars, trucks and SUVs.

New Rislone DEF Crystal Clean Diesel DEF & SCR Emissions System Cleaner Announced
SMP Announces New Oil Filter Housing Kits

The kits feature multiple design improvements to prevent leaks, according to SMP.

SMP Announces New Oil Filter Housing Kits