Demant
ESRS disclosure
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- Provide the gross location-based Scope 2 greenhouse gas emissions in metric tonnes of CO2 equivalent as part of the disclosure requirement E1-6 concerning gross Scopes 1, 2, 3, and total GHG emissions, as stipulated in paragraph 44 (b).
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Question Id: E1-6_09
The gross location-based Scope 2 greenhouse gas emissions are 19,041 tonnes CO2e.
Report Date: 4Q2024Relevance: 85%
- Provide the gross market-based Scope 2 greenhouse gas emissions in metric tonnes of CO2 equivalent as required by Disclosure Requirement E1-6, paragraph 44 (b), concerning Gross Scopes 1, 2, 3, and Total GHG emissions.
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Question Id: E1-6_10
The gross market-based Scope 2 greenhouse gas emissions are 14,781 tonnes CO2e.
Report Date: 4Q2024Relevance: 90%
- Provide the gross Scope 3 greenhouse gas emissions, as mandated by Disclosure Requirement E1-6, including the total GHG emissions in metric tonnes of CO2 equivalent from each significant Scope 3 category identified as a priority for the undertaking.
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Question Id: E1-6_11
The gross Scope 3 greenhouse gas emissions are 464,103 tonnes CO2e. Significant Scope 3 categories include:
- Purchased goods and services and capital goods: 421,480 tonnes CO2e
- Fuel and energy-related services: 7,253 tonnes CO2e
- Transportation: 26,491 tonnes CO2e
- Waste in operations: 1,971 tonnes CO2e
- Business travel: 2,741 tonnes CO2e
- Employee commuting: 28 tonnes CO2e
- Use of sold products: 3,972 tonnes CO2e
- End of life treatment: 167 tonnes CO2e
Report Date: 4Q2024Relevance: 50%
- Provide the total GHG emissions, ensuring the sum of Scope 1, 2, and 3 emissions is disclosed. Include a disaggregation that distinguishes the total GHG emissions derived from Scope 2 emissions measured using the location-based method.
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Question Id: E1-6_12
The total GHG emissions are as follows:
- Total location-based GHG emissions: 497,789 tonnes CO2e
- Total market-based GHG emissions: 493,529 tonnes CO2e
- Gross Scope 1 GHG emissions: 14,645 tonnes CO2e
- Gross Scope 2 location-based GHG emissions: 19,041 tonnes CO2e
- Gross Scope 3 GHG emissions: 464,103 tonnes CO2e
Report Date: 4Q2024Relevance: 49%
- Provide the total greenhouse gas (GHG) emissions, as stipulated in Disclosure Requirement E1-6, encompassing Gross Scopes 1, 2, and 3. Ensure the disclosure includes the sum of Scope 1, 2, and 3 GHG emissions as outlined in paragraphs 44 (a) to (c). Additionally, disaggregate the total GHG emissions to distinctly identify those derived from Scope 2 emissions measured using the market-based method.
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Question Id: E1-6_13
The total GHG emissions are as follows:
- Total location-based GHG emissions: 497,789 tonnes CO2e
- Total market-based GHG emissions: 493,529 tonnes CO2e
- Gross Scope 1 GHG emissions: 14,645 tonnes CO2e
- Gross Scope 2 market-based GHG emissions: 14,781 tonnes CO2e
- Gross Scope 3 GHG emissions: 464,103 tonnes CO2e
Report Date: 4Q2024Relevance: 50%
- Has the reporting undertaking experienced any significant changes in the definition of what constitutes its entity and its upstream and downstream value chain? If so, provide a detailed disclosure of these changes and explain their impact on the year-to-year comparability of the reported Gross Scopes 1, 2, 3, and Total GHG emissions, specifically addressing the comparability between the current and previous reporting periods.
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Question Id: E1-6_14
In 2024, the company changed its Scope 3 accounting policy by applying a new, more accurate method. The comparative and baseline figures have been adjusted accordingly. For 2024, the total effect of the change in accounting policy is estimated to be approximately 250,000 tonnes lower CO2e compared to the previous method.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the methodologies, significant assumptions, and emissions factors employed in the calculation or measurement of GHG emissions, including the rationale for their selection. Additionally, include a reference or link to any calculation tools utilized in this process.
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Question Id: E1-6_15
Demant's carbon accounting adheres to the Greenhouse Gas Protocol (GHG Protocol) defined by the World Resources Institute and World Business Council for Sustainable Development in line with the recommendation of the ESRS. The consolidated GHG emissions data encompasses all entities under Demant's operational control, including leased facilities, with emissions quantified in carbon dioxide equivalent (CO2e).
Demant's Inventory Management Plan (IMP) sets the framework for defining, compiling, and reporting Group GHG emissions across all scopes using emissions factors from renowned sources such as DEFRA, the Danish Environmental Protection Agency, and the Ecoinvent database. The IMP specifies that baseline recalculations may occur under the conditions defined in the publicly available Baseline Recalculation Policy.
For Scope 2, both location- and market-based GHG emissions are calculated to benchmark Demant’s performance against climate targets in accordance with the SBTi accounting approach.
Scope 3 GHG emissions are calculated using two different methodologies tailored for the Diagnostics business area and the Hearing Aids and Hearing Care business areas, aligning with the GHG Protocol standard and following a combined approach using hybrid- and spend-based methods.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the effects of significant events and changes in circumstances, specifically related to your greenhouse gas emissions, that have transpired between the reporting dates of entities within your value chain and the date of your general purpose financial statements. Ensure this disclosure aligns with the requirements outlined in Disclosure Requirement E1-9, considering any material physical and transition risks, as well as potential climate-related opportunities. Note that quantification of financial effects from opportunities is not mandatory if it does not adhere to the qualitative characteristics of useful information as specified in ESRS 1 Appendix B.
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Question Id: E1-6_16
In 2024, Demant changed its Scope 3 accounting policy by applying a new, more accurate method. The comparative and baseline figures have been adjusted accordingly. For 2024, the total effect of the change in accounting policy is estimated to be approximately 250,000 tonnes lower CO2e compared to the previous method.
Report Date: 4Q2024Relevance: 65%
- What is the percentage of contractual instruments utilized for the sale and purchase of unbundled energy attribute claims in relation to Scope 2 GHG emissions? Provide details on the share and types of these contractual instruments, considering both location-based and market-based methods for calculating Scope 2 GHG emissions, as outlined in Disclosure Requirement E1-9.
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Question Id: E1-6_22
35% of the Group’s electricity consumption is now covered by renewable sources, mainly from electricity vendors (directly sourced) and Energy Attribute Certificates.
Report Date: 4Q2024Relevance: 60%
- Provide detailed information regarding the types of contractual instruments utilized for the sale and purchase of energy, including those bundled with attributes related to energy generation or for unbundled energy attribute claims. This disclosure should align with the requirements outlined in Disclosure Requirement E1-9, focusing on the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities. Ensure that the information adheres to the qualitative characteristics of useful information as specified in ESRS 1 Appendix B. Additionally, when calculating gross Scope 2 GHG emissions, apply both the location-based and market-based methods, and disclose the share and types of contractual instruments accordingly.
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Question Id: E1-6_23
35% of the Group’s electricity consumption is now covered by renewable sources, mainly from electricity vendors (directly sourced) and Energy Attribute Certificates.
Report Date: 4Q2024Relevance: 50%