Potential offtaker

Dana Incorporated

www.dana.com

Estimated electricity consumption

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Countries of production presence

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Dana Incorporated is a leading American supplier of drivetrain components to the automotive industry. Founded in 1904, the company has a long history of innovation and engineering excellence, and today it operates in more than 33 countries around the world. Dana's mission is to provide its customers with high-quality, reliable products that help them achieve their goals of efficiency, performance, and sustainability.

One of the key trends driving the automotive industry today is decarbonisation. As global emissions regulations become stricter and consumers demand more environmentally friendly vehicles, automakers are looking for ways to reduce the carbon footprint of their products. Dana is well positioned to help its customers meet this challenge, thanks to its expertise in drivetrain technology and its commitment to sustainability.

One of the ways that Dana is supporting decarbonisation is through its focus on corporate energy. The company has set ambitious targets for reducing its own carbon emissions, and it is investing in renewable energy projects to help achieve those goals. For example, in 2019, Dana signed a corporate power purchase agreement (PPA) with a wind farm in Texas, which will provide the company with 100 megawatts of renewable energy. This PPA is expected to reduce Dana's carbon emissions by approximately 100,000 metric tons per year, which is equivalent to taking more than 21,000 cars off the road.

Dana's commitment to renewable energy is not limited to its own operations. The company is also working with its customers to help them adopt more sustainable practices. For example, Dana has developed a range of hybrid and electric drivetrain components that can help automakers reduce the carbon footprint of their vehicles. These components include electric motors, inverters, and battery management systems, which are designed to be highly efficient and reliable.

Another way that Dana is supporting decarbonisation is through its focus on corporate energy efficiency. The company has implemented a range of measures to reduce its energy consumption, including upgrading its facilities with energy-efficient lighting and HVAC systems, and investing in new technologies to improve the efficiency of its manufacturing processes. These efforts have helped Dana reduce its energy consumption by more than 20% since 2015, which has not only reduced the company's carbon footprint but also helped to lower its operating costs.

Dana's commitment to sustainability is driven by its belief that it is the right thing to do, both for the environment and for its customers. By focusing on renewable energy, energy efficiency, and sustainable technology, the company is helping to create a more sustainable future for the automotive industry and for society as a whole.

In conclusion, Dana Incorporated is a leading American supplier of drivetrain components to the automotive industry, with a long history of innovation and engineering excellence. The company is committed to sustainability and is playing an important role in supporting decarbonisation through its focus on corporate energy, corporate PPA, renewable energy, and energy efficiency. By working with its customers to adopt more sustainable practices and by investing in renewable energy projects, Dana is helping to create a more sustainable future for the automotive industry and for society as a whole.

✓ Science Based Targets member
✓ Declared Net Zero commitment