In 2021, Demant joined the Science Based Targets initiative, thereby committing to set ambitious climate targets for a future with reduced global warming. For Demant, this means significantly reducing carbon emissions and targeting net-zero emissions.
The commitment to Science Based Targets initiative is part of an overall aim for Demant to lead a business existing in harmony with the environment and local communities.
By joining the Science Based Targets initiative, Demant gets a clearly defined route to future-proof progress and reduction of carbon emissions.
Despite being a growth-company, Demant has been successful in reducing emissions per employee and intend to maintain this development. Demant has since 2010 tracked direct and indirect emissions from its own operations, such as electricity use and company fleet.
Demant estimates that around 90% of the company’s emissions come from the extended value chain. As a result, the transition towards a zero-carbon footprint will rely heavily on partnerships, and the level of engagement and motivation from the company’s suppliers.
Within 24 months of pleading to the commitment, Demant will develop targets for validation of Science Based Targets initiative and expects to do so during 2022. The final deadline is August 2023.
In this relation, CEO of Demant said: “I am positive that this approach will benefit Demant in a multitude of ways. It will help us build a more resilient business and strengthen collaboration with suppliers and partners and, equally as important, spur innovative thinking.”
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