Provide a detailed account of the process your organization employs to establish targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specify whether and how your organization has engaged directly with consumers, end-users, their legitimate representatives, or credible proxies with insight into their situation. Additionally, clearly define the standards or commitments upon which these targets are based, such as codes of conduct, sourcing policies, global frameworks, or industry codes.

Question

Accepted Answer

In 2024, Demant established new targets for advancing positive impacts on people with hearing loss. The target-setting process involved internal experts and was approved by Demant’s Executive Leadership Team and endorsed by the Board of Directors. Consumers and end-users were not directly involved in the process.

Demant

ESRS disclosure: S4-5_06

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