Provide a detailed description of the expected decarbonisation levers and their overall quantitative contributions towards achieving the GHG emission reduction targets, as outlined in Disclosure Requirement E1-4 concerning climate change mitigation and adaptation. Include specific strategies such as energy or material efficiency, consumption reduction, fuel switching, utilization of renewable energy, and the phase-out or substitution of products and processes.

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Accepted Answer

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.

Demant

ESRS disclosure: E1-4_23

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