MAUMEE,
Ohio, March 4, 2024 /PRNewswire/ -- Dana
Incorporated (NYSE: DAN) announced today that it has been
recognized as one of the 2024 World's Most Ethical
Companies® by Ethisphere, a global leader in defining
and advancing the standards of ethical business practices.
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.
"It's always inspiring to recognize the World's Most Ethical
Companies®. 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," said Erica Salmon
Byrne, Ethisphere's chief strategy officer and executive
chair. "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."
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.
About Ethisphere
Ethisphere is the global leader in
defining and advancing the standards of ethical business practices
that strengthen corporate brands, build trust in the marketplace,
and deliver business success. Ethisphere has deep expertise in
measuring and defining core ethics standards using data-driven
insights that help companies build strong cultures of ethics and
integrity. Ethisphere honors superior achievement through its
World's Most Ethical Companies® recognition program,
provides a community of industry experts with the Business Ethics
Leadership Alliance (BELA), and showcases trends and best practices
in ethics with Ethisphere Magazine. Ethisphere also advances
business performance through data-driven assessments, guidance, and
benchmarking against its unparalleled data: the Culture Quotient
dataset reflecting the ethical business practices of 3+ million
employees around the world; and the Ethics Quotient dataset,
featuring 240+ data points on the ethics, compliance, social, and
governance practices of the World's Most Ethical Companies. For
more information, visit https://ethisphere.com.
About Dana Incorporated
Dana is a leader in the design
and manufacture of highly efficient propulsion and
energy-management solutions that power vehicles and machines in all
mobility markets across the globe. The company is shaping
sustainable progress through its conventional and clean-energy
solutions that support nearly every vehicle manufacturer with drive
and motion systems; electrodynamic technologies, including
software and controls; and thermal, sealing, and digital
solutions.
Based in Maumee, Ohio, USA, the
company reported sales of $10.6
billion in 2023 with 42,000 people in 31 countries across
six continents. With a history dating to 1904, Dana was named among
the "World's Most Ethical Companies" for 2023 and 2024 by
Ethisphere and as one of "America's Most Responsible Companies
2023" by Newsweek. The company is driven by a
high-performance culture that focuses on valuing others, inspiring
innovation, growing responsibly, and winning together, earning it
global recognition as a top employer. Learn more at dana.com.
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SOURCE Dana Incorporated