Demant
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 g
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- Is the undertaking excluded from the EU Paris-aligned Benchmarks as part of the Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation?
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Question Id: E1-1_12
Demant is not excluded from the 'Paris-aligned benchmarks' established by the European Commission.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed account of the methodologies, significant assumptions, and emissions factors employed in the calculation or measurement of GHG emissions, including the rationale for their selection. Additionally, include a reference or link to any calculation tools utilized in this process.
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Question Id: E1-6_15
Demant's carbon accounting adheres to the Greenhouse Gas Protocol (GHG Protocol) defined by the World Resources Institute and World Business Council for Sustainable Development in line with the recommendation of the ESRS. The consolidated GHG emissions data encompasses all entities under Demant's operational control, including leased facilities, with emissions quantified in carbon dioxide equivalent (CO2e).
Demant's Inventory Management Plan (IMP) sets the framework for defining, compiling, and reporting Group GHG emissions across all scopes using emissions factors from renowned sources such as DEFRA, the Danish Environmental Protection Agency, and the Ecoinvent database. The IMP specifies that baseline recalculations may occur under the conditions defined in the publicly available Baseline Recalculation Policy.
For Scope 2, both location- and market-based GHG emissions are calculated to benchmark Demant’s performance against climate targets in accordance with the SBTi accounting approach.
Scope 3 GHG emissions are calculated using two different methodologies tailored for the Diagnostics business area and the Hearing Aids and Hearing Care business areas, aligning with the GHG Protocol standard and following a combined approach using hybrid- and spend-based methods.
Report Date: 4Q2024Relevance: 85%