{"id":511612,"date":"2021-07-12T07:03:46","date_gmt":"2021-07-12T11:03:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\/"},"modified":"2021-07-12T07:03:46","modified_gmt":"2021-07-12T11:03:46","slug":"dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\/","title":{"rendered":"Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MAUMEE, Ohio<\/span>, <span class=\"xn-chron\">July 12, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Dana Incorporated (NYSE: DAN) announced today it will accelerate its plans to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by at least 50 percent by 2030, ahead of its original target of 2035 that was announced in <span class=\"xn-chron\">October 2020<\/span>. \u00a0The company has also signed a commitment letter with the Science Based Target initiative (SBTi) to help set the company&#8217;s future emissions targets.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/460745\/dana_incorporated_logo_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/460745\/dana_incorporated_logo_Logo.jpg\" title=\"Dana Incorporated logo. (PRNewsFoto\/Dana Incorporated)\" alt=\"Dana Incorporated logo. (PRNewsFoto\/Dana Incorporated)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Dana&#8217;s GHG emissions target for 2030 brings forward the company&#8217;s commitment to reduce more than 300,000 metric tons of carbon dioxide emissions annually. <\/p>\n<p>&#8220;The ability to significantly accelerate our emissions reduction target is a result of our team&#8217;s commitment to developing new technologies, delivering innovative products, and driving operational efficiencies,&#8221; said <span class=\"xn-person\">James Kamsickas<\/span>, Dana chairman and CEO. &#8220;The mobility industry is positioned to not only deliver products that are designed to reduce emissions during operation, but also to manufacture vehicle systems using business practices that further advance a greener world. \u00a0We believe that leading the way in sustainability is critical to supporting our customers and directly aligns with our leadership in electrification.&#8221;<\/p>\n<p>The SBTi is a partnership between the Carbon Disclosure Project, the United Nations Global Compact, the World Resources Institute, and the World Wide Fund for Nature.\u00a0It focuses on partnering with companies to help guide emission reduction initiatives using science-based targets. <\/p>\n<p>&#8220;As we continue on our sustainability journey, collaborating with organizations like SBTi will support us as we establish ambitious targets and identify key areas where we can further drive sustainability across our operations,&#8221; said <span class=\"xn-person\">Doug Liedberg<\/span>, chief compliance and sustainability officer for Dana Incorporated.<\/p>\n<p>To learn more about Dana&#8217;s focus on sustainability, visit: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3223077-1&amp;h=3210801828&amp;u=http%3A%2F%2Fwww.dana.com%2Fsustainability&amp;a=www.dana.com%2Fsustainability\" rel=\"nofollow noopener\">www.dana.com\/sustainability<\/a>. <\/p>\n<p>\n        <b><br \/>\n          <u>About Dana Incorporated<br \/><\/u><br \/>\n        <\/b>Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions for all mobility markets across the globe.\u00a0 The company&#8217;s conventional and clean-energy solutions support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.<\/p>\n<p>Based in <span class=\"xn-location\">Maumee, Ohio<\/span>, USA, the company reported sales of <span class=\"xn-money\">$7.1 billion<\/span> in 2020 with 38,000 associates in 33 countries across six continents.\u00a0 Founded in 1904, Dana was named one of &#8220;America&#8217;s Most Responsible Companies 2021&#8221; by Newsweek for its emphasis on sustainability and social responsibility.\u00a0 The company is driven by a high-performance culture that focuses on its people, which has earned it global recognition as a top employer, including &#8220;World&#8217;s Best Employer&#8221; from Forbes magazine.\u00a0 Learn more at dana.com.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL38204&amp;sd=2021-07-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets-301331037.html\">https:\/\/www.prnewswire.com\/news-releases\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets-301331037.html<\/a><\/p>\n<p>SOURCE  Dana Incorporated<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL38204&amp;Transmission_Id=202107120700PR_NEWS_USPR_____CL38204&amp;DateId=20210712\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MAUMEE, Ohio, July 12, 2021 \/PRNewswire\/ &#8212;\u00a0Dana Incorporated (NYSE: DAN) announced today it will accelerate its plans to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by at least 50 percent by 2030, ahead of its original target of 2035 that was announced in October 2020. \u00a0The company has also signed a commitment letter with the Science Based Target initiative (SBTi) to help set the company&#8217;s future emissions targets. Dana&#8217;s GHG emissions target for 2030 brings forward the company&#8217;s commitment to reduce more than 300,000 metric tons of carbon dioxide emissions annually. &#8220;The ability to significantly accelerate our emissions reduction target is a result of our team&#8217;s commitment to developing new technologies, delivering innovative products, and driving &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511612","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MAUMEE, Ohio, July 12, 2021 \/PRNewswire\/ &#8212;\u00a0Dana Incorporated (NYSE: DAN) announced today it will accelerate its plans to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by at least 50 percent by 2030, ahead of its original target of 2035 that was announced in October 2020. \u00a0The company has also signed a commitment letter with the Science Based Target initiative (SBTi) to help set the company&#8217;s future emissions targets. Dana&#8217;s GHG emissions target for 2030 brings forward the company&#8217;s commitment to reduce more than 300,000 metric tons of carbon dioxide emissions annually. &#8220;The ability to significantly accelerate our emissions reduction target is a result of our team&#8217;s commitment to developing new technologies, delivering innovative products, and driving &hellip; Continue reading &quot;Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-12T11:03:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/460745\/dana_incorporated_logo_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets\",\"datePublished\":\"2021-07-12T11:03:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\\\/\"},\"wordCount\":430,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/460745\\\/dana_incorporated_logo_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-accelerates-greenhouse-gas-emissions-reduction-and-commits-to-setting-science-based-targets\\\/\",\"name\":\"Dana Accelerates Greenhouse Gas Emissions Reduction and Commits to Setting Science-Based Targets - 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