Our Sustainability Policy sets the direction within climate change mitigation and adaptation for all Demant entities and is publicly available on Demant’s website. To steer the organisation towards the achievement of our climate targets, the Policy describes roles, responsibilities and actions to tackle GHG emissions in our own operations and value chain:

• Avoiding the use of unnecessary energy and increasing energy efficiency in our operations
• Substituting internal combustion vehicles with electric vehicles
• Using renewable electricity in own operations
• Focusing on the scope 3 categories where the impact is biggest.

The Policy also lays down the Group’s expectations for relevant business-critical locations regarding the adaptation to climate change-related natural disasters.

Demant has established GHG emission reduction targets. The targets are disclosed as a percentage relative to a base year:

• Reducing absolute scope 1 and 2 GHG emissions by 46% by 2030 from a 2019 baseline year.
• Reducing absolute scope 3 GHG emissions by 46% within the same timeframe.
• Long-term targets include reducing absolute scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 baseline year and reducing absolute scope 3 GHG emissions by 90% within the same timeframe.