Demant's Transition Plan consolidates the existing climate change mitigation plans and initiatives and details the different mitigation actions set by the Group to reduce the GHG emissions and reach our climate targets aligned with the Paris Agreement. The benchmarks provide a roadmap to ensure that company activities are consistent with the Paris Agreement’s objectives, particularly the goal of limiting the global temperature rise to 1.5°C above pre-industrial levels.

Included scope 3 categories: Category 1: Purchased goods and services, Category 2: Capital goods, Category 3: Fuel- and energy-related activities not included in scope 1 or 2, Category 4: Upstream transportation and distribution, Category 5: Waste in operations, Category 6: Business travel, Category 7: Employee commuting, Category 9: Downstream transportation and distribution, Category 11: Use of sold products, Category 12: End-of-life treatment. Excluded scope 3 categories: Category 8: Upstream leased assets, Category 10: Processing of sold products, Category 13: Downstream leased assets, Category 14: Franchises, Category 15: Investments.