Dana Incorporated has announced that it has been recognized as one of the 2024 World’s Most Ethical Companies by Ethisphere.
In 2024, a total of 136 companies spanning 20 countries and 44 industries were recognized. Dana is one of only eight honorees across the mobility industry.
“It is an honor to have Dana named as one of the World’s Most Ethical Companies for the second consecutive year,” said James Kamsickas, Dana chairman and chief executive officer. “At Dana, our commitment to excellence begins with doing business the right way. This prestigious honor celebrates the “One Dana” mindset and our collective efforts to ensure that everyone is valued and treated with respect and that business is always conducted responsibly and ethically.” Kamsickas added.
“It’s always inspiring to recognize the World’s Most Ethical Companies,” said Erica Salmon Byrne, Ethisphere’s chief strategy officer and executive chair. “Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance, and governance practices to the benefit of all stakeholders,” Byrne added. “Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to Dana for achieving this honor and demonstrating that strong ethics is good business,” Byrne concluded.
The World’s Most Ethical Companies assessment is grounded in Ethisphere’s proprietary Ethics Quotient, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year’s group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.