Demant’s Transition Plan is under constant development, and new levers will be added over time, especially with a view to reducing our scope 3 GHG emissions, as new information becomes available. The financial resources required for the implementation of the decarbonisation levers and their relation to the financial statements are yet to be determined, as this depends on further defining the decarbonisation levers and their mitigation actions.

Demant commits to reducing absolute scope 3 GHG emissions by 46% by 2030 from a 2019 baseline year. Long-term targets include reducing absolute scope 3 GHG emissions by 90% by 2050 from a 2019 baseline year.