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 the newly established baseline value influences the revised target, its attainment, and the depiction of progress over time. Ensure that any changes to the baseline value or base year are justified by significant alterations in either the target or the reporting boundary. Additionally, confirm that the selected base year for new targets does not precede the first reporting year of the new target period by more than three years, to maintain comparability.
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Question Id: E1-4_21
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. For 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. The targets were validated by the SBTi in July 2023. The selected base year for new targets is 2019, which does not precede the first reporting year of the new target period by more than three years.
Report Date: 4Q2024Relevance: 60%