Demant
ESRS disclosure: ESRS S4 \ DR S4-1 \ Paragraph 16 b
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- Provide a detailed description of your company's human rights policy commitments that pertain to consumers and end-users. Include information on the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus specifically on material matters and outline your general approach to engagement with consumers and end-users.
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Question Id: S4-1_04
Demant has a defined Data Privacy Strategy and programme to manage potentially negative impacts on the privacy of consumers and users. This includes policies and defined processes for handling personal data as well as processes for engaging with affected stakeholders and remediating any such impacts. Data privacy is also covered by Demant’s Code of Conduct, which outlines clear expectations of employees’ conduct in this regard. Demant has implemented a global Data Ethics Policy, and it is mandatory for all employees in Demant to comply with the Policy.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of any supplementary actions or initiatives your organization has implemented, specifically aimed at enhancing social outcomes for consumers and end-users, as part of your strategy to address material impacts, manage associated risks, and capitalize on opportunities related to consumers and end-users. Include an evaluation of the effectiveness of these actions.
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Question Id: S4-4_03
The IRU works to change the lives of people with hearing loss by inventing new or improving existing tools for hearing care professionals. In 2024, IRU supported the commercial roll-out of the Audible Contrast Threshold (ACT™) test, enabling more precise fitting of hearing aids. The EU-funded project EASYLI aims to optimize the ratio between costs and benefits of listening in occupational settings. At Eriksholm Research Centre, AI is used to create hearing aid systems that provide tailored sound experiences. In 2024, Demant launched next-gen AI-enabled hearing aids.
Report Date: 4Q2024Relevance: 85%