Demant
ESRS disclosure: ESRS ESRS 2 \ DR SBM-1 \ Paragraph 40 a i
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- Provide a detailed description of the significant groups of products and/or services offered by your company, including any changes in the reporting period such as new or removed products and/or services, as part of the key elements of your general strategy that relate to or affect sustainability matters.
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Question Id: SBM-1_01
The Demant Group develops, manufactures and sells products and equipment that help people with hearing loss connect and communicate with the world around them. The company operates a focused hearing healthcare company, consisting of three business areas: Hearing Aids, Hearing Care, and Diagnostics. The Hearing Aids business area engages in the development, manufacturing, and wholesale of hearing aids, developing innovative and leading technological solutions that create life-changing hearing health. The Hearing Care business area comprises the Audika Group, which is a global retail company that provides personalized hearing care to customers worldwide through several strong local brands. The Diagnostics business area consists of a group of international companies and is the global market leader in hearing and balance assessment solutions used by audiologists, ENT doctors, and balance clinics worldwide. In 2024, the company launched a new supplier engagement program to collect primary data and set targets for suppliers to enhance their environmental performance. Additionally, Demant introduced the Oticon Intent™, the world’s first hearing aid with user-intent sensors, and launched the Encanta hearing aids with a focus on the individual user under the Bernafon brand. Interacoustics introduced the Aided Cortical test to help infants with hearing loss hear better.
Report Date: 4Q2024Relevance: 90%