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. It is important to highlight that fleet electrification (lever 3) is a complementary effort to ensure that the GHG emissions reduction takes place as soon as possible and that the fossil fuel emissions from the fleet are controlled and do not jeopardise the near-term target. For the near-term target in scope 3, the relevance of each lever still needs to be assessed.

Lever 3: Vehicle fleet electrification - In 2024, the Sustainability Board approved a new plan to speed up electrification of Demant’s vehicle fleet, replacing internal combustion engine vehicles with electrical vehicles. Phase one is expected to avoid the emission of 2,675 tonnes of CO2 in 2030. Lever 4: Supplier engagement programme - In 2024, the Hearing Aids business area launched a new supplier engagement programme to collect primary data from the category of purchased goods and services. Lever 5: Use of less climate-intensive transport modes - The Diagnostics business area set a target for 5% GHG emissions reduction in 2024 compared to 2023. They exceeded the target by 11% and reduced transportation emissions intensity from 0.14 kg CO2e/DKK spent in 2023 to 0.11 kg CO2e/DKK spent in 2024.