Demant
ESRS disclosure: ESRS S1 \ DR S1-5
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- Provide a detailed account of the process your organization employs in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how your organization engaged directly with its own workforce or workers' representatives during the target-setting process.
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Question Id: S1-5_01
The target-setting process involved internal and external experts and was approved by Demant’s Executive Leadership Team and endorsed by the Board of Directors.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the process employed by your organization in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how your organization engaged directly with its own workforce or their representatives in tracking performance against these targets.
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Question Id: S1-5_02
We track the development in employee engagement through our Pulse survey. The Pulse survey results provide twofold information: Firstly, it is a way of assessing whether, and to what extent, the current initiatives on well-being, flexibility, inclusion and engagement are working. Secondly, they serve as the starting point for the further development of specific actions related to those areas that need special attention.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the process employed in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how your organization engaged directly with its own workforce or their representatives in identifying lessons or improvements resulting from the undertaking's performance.
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Question Id: S1-5_03
We track the development in employee engagement through our Pulse survey. The Pulse survey results provide twofold information: Firstly, it is a way of assessing whether, and to what extent, the current initiatives on well-being, flexibility, inclusion and engagement are working. Secondly, they serve as the starting point for the further development of specific actions related to those areas that need special attention.
Report Date: 4Q2024Relevance: 60%
- What are the intended outcomes your organization aims to achieve in the lives of individuals within your own workforce, as related to managing material impacts, advancing positive impacts, and addressing risks and opportunities, in accordance with Disclosure Requirement S1-5? Additionally, provide information on any identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as per Disclosure Requirement S1-17.
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Question Id: S1-5_04
Demant aims to achieve a top-third level of employee engagement by 2030, corresponding to the 67th percentile or above in the Gallup engagement index. In 2024, Demant received 11 submissions to its whistleblower hotline related to discrimination and/or harassment. These cases were handled internally according to the Whistleblower Policy and Investigation Guideline. Having been addressed by the relevant internal organisation in collaboration with the affected individuals, 8 out of 11 claims have been closed. There were no severe human rights incidents in the period, and therefore no fines, penalties or compensation were paid.
Report Date: 4Q2024Relevance: 80%
- Provide detailed information on the stability of your targets over time, specifically in terms of definitions and methodologies, to ensure comparability. This request pertains to the disclosure of identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as outlined in Disclosure Requirement S1-17. Additionally, address how these targets relate to managing material impacts, advancing positive impacts, and addressing risks and opportunities, as specified in Disclosure Requirement S1-5.
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Question Id: S1-5_05
In 2024, Demant set a target to take employee engagement to the top-third level by 2030, which corresponds to the 67th percentile or above in the Gallup engagement index. In 2024, Demant received 11 submissions to its whistleblower hotline related to discrimination and/or harassment. These cases were handled internally according to the Whistleblower Policy and Investigation Guideline. Having been addressed by the relevant internal organisation in collaboration with the affected individuals, 8 out of 11 claims have been closed. There were no severe human rights incidents in the period, and therefore no fines, penalties or compensation were paid.
Report Date: 4Q2024Relevance: 60%
- Provide detailed information regarding any identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as per Disclosure Requirement S1-17. Additionally, in accordance with Disclosure Requirement S1-5, when reporting on targets related to managing material impacts, advancing positive impacts, and addressing risks and opportunities, specify the standards or commitments upon which these targets are based, including but not limited to codes of conduct, sourcing policies, global frameworks, or industry codes.
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Question Id: S1-5_06
In 2024, Demant received 11 submissions to its whistleblower hotline related to discrimination and/or harassment. These cases were handled internally according to the Whistleblower Policy and Investigation Guideline. Having been addressed by the relevant internal organisation in collaboration with the affected individuals, 8 out of 11 claims have been closed. There were no severe human rights incidents in the period, and therefore no fines, penalties or compensation were paid.
Report Date: 4Q2024Relevance: 60%