Demant
Health Care Equipment
Denmark
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 b
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- Provide a detailed account of the decarbonisation levers identified and the key actions planned within your transition plan for climate change mitigation. This should include references to your GHG emission reduction targets and climate change mitigation actions, as specified in Disclosure Requirements E1-4 and E1-3. Additionally, elucidate any changes anticipated in your product and service portfolio, as well as the adoption of new technologies within your operations or across the upstream and/or downstream value chain.
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Question Id: E1-1_03
Demant’s Transition Plan currently focuses on five decarbonisation levers, each including one or more mitigation actions:
Energy consumption reduction and efficiency in own operations
- Decrease in energy consumption
- Increase in energy efficiency
- Time horizon: From short to long term
- Geographical scope: Global
Renewable electricity for own operations
- Use of on-site renewable electricity
- Use of off-site renewable electricity
- Time horizon: From short to medium term
- Geographical scope: Global
Vehicle fleet electrification
- Transition to electric vehicles for already existing fleet in six prioritised European countries
- Transition to electric vehicles for fleet in remaining countries
- Time horizon: From short to long term
- Geographical scope: Global
Supplier engagement programme
- Setting a supplier target for improvement of the environmental performance of purchased goods and services
- Time horizon: From short to medium term
- Geographical scope: Global (determined by the location of the suppliers onboarded to the programme)
Use of less climate-intensive transport modes
- Shift from air freight transport to less climate intensive transport modes
- Time horizon: From short to long term
- Geographical scope: To be determined
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of whether and how your organization has established GHG emissions reduction targets or any other relevant targets to manage significant climate-related impacts, risks, and opportunities. This includes, but is not limited to, initiatives such as renewable energy deployment, energy efficiency improvements, climate change adaptation strategies, and measures for mitigating physical or transition risks.
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Question Id: E1-4_01
As part of Demant’s climate commitment, we have set targets for reducing our GHG emissions, which align with the Paris Agreement’s goal of limiting the global temperature increase to 1.5°C by the end of the century. The targets were validated by the SBTi in July 2023 and are described below:
Near-term targets:
- Demant commits to reducing absolute scope 1 and 2 GHG emissions by 46% by 2030 from a 2019 baseline year. Demant also commits to reducing absolute scope 3 GHG emissions by 46% within the same timeframe.
Long-term targets:
- Demant commits to reducing absolute scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 baseline year. Demant also commits to reducing absolute scope 3 GHG emissions by 90% within the same timeframe.
Overall net-zero targets:
- As an additional step in the efforts towards climate change mitigation, Demant commits to reaching net-zero GHG emissions across the value chain by 2050 from a 2019 baseline year.
Report Date: 4Q2024Relevance: 85%