Demant
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20b
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- Provide a detailed account of the actions and resources employed by your organization concerning resource use and the circular economy, specifically addressing the increased utilization of secondary raw materials (recyclates). Indicate whether these actions and resources are in alignment with Disclosure Requirement E5-2, as outlined in the ESRS regulations.
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Question Id: E5-2_02
Our circular economy actions include a wide range of topics from resource efficiency and use of secondary raw materials to value retention maximisation and end of life. In 2024, we launched a redesigned charger packaging alternative across all our hearing aids brands globally, with the exception of charger packaging for one private-label customer. The project aimed to eliminate plastic content and reduce the packaging size to minimise material consumption. While we still use plastic bags to protect our products inside the package, both the inside and outside of the packaging itself is now plastic-free. In collaboration with our largest supplier of plastic for our diagnostic equipment, some of the plastic we receive and use in our devices is from recycled sources. The recycled content in the plastic we use comes from waste generated during our supplier’s internal plastic production. We started using recycled plastic in 2014 and in 2024, we used 1.5 tonnes of recycled plastic. We plan to continue with this initiative in the future.
Report Date: 4Q2024Relevance: 85%
- Provide a comprehensive description of your organization's material resource inflows, as mandated by Disclosure Requirement E5-4. This should encompass products, including packaging, materials with an emphasis on critical raw materials and rare earths, water, and property, plant, and equipment utilized within your operations and throughout your upstream value chain.
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Question Id: E5-4_01
The table above outlines the materials used for manufacturing hearing aids and diagnostic equipment in Demant’s own operations and upstream value chain. In 2024, the resource inflow decreased by 1,572 tonnes compared to 2023, mainly due to reduced purchases of plastic by our Diagnostics business area in 2024.
Report Date: 4Q2024Relevance: 60%