Demant
ESRS disclosure: ESRS E1 \ DR E1-2
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- Indicate whether and how your company's policies address the areas related to climate change mitigation and adaptation as outlined in Disclosure Requirement E1-2.
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Question Id: E1-2_01
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.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed explanation of how your organization ensures the consistency of its greenhouse gas (GHG) emission reduction targets with the established GHG inventory boundaries. This should include a disclosure of targets for Scope 1, 2, and 3 GHG emissions, whether reported separately or combined. If targets are combined, specify which GHG emission scopes are covered, the proportion related to each scope, and the specific GHGs included. Confirm that these targets are gross targets, excluding GHG removals, carbon credits, or avoided emissions as methods to achieve the reduction targets, in accordance with Disclosure Requirement E1-6.
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Question Id: E1-4_18
Demant submitted its climate targets for validation to the SBTi in 2021, using 2019 as the baseline year, since it provided the latest available data before coronavirus disrupted business operations. Demant does not consider GHG emissions removals, carbon credits and avoided GHG emissions as means of achieving the required GHG emissions levels in the near or long term. Aligned with the Greenhouse Gas Protocol, the GHGs considered in the targets are:
- Carbon dioxide – CO2
- Methane – CH4
- Nitrous oxide – N2O
- Hydrofluorocarbons – HFCs
- Perfluorocarbons – PFCs
- Sulphur hexafluoride – SF6
- Nitrogen trifluoride – NF3
Regarding the link between the climate targets and the decarbonisation levers, for the near-term target in scope 1 and 2, the energy consumption reduction and efficiency in own operations (lever 1), along with the phase-in of renewable electricity for own operations (lever 2), will enable the required reduction by 2030.
Report Date: 4Q2024Relevance: 65%