Cochlear Ltd

Common Name
Cochlear
Country
Australia
Sector
Healthcare
Industry
Medical Devices
Employees
4,996
Ticker
COH
Exchange
ASX
Description
Cochlear Ltd is a global leader in the medical technology sector, specializing in the development and manufacturing of implantable hearing solutions. The company’s primary products include cochlear im...

Cochlear's GHG Emissions Data Preview

In 2024, Cochlear completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Cochlear has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Cochlear's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Cochlear amounted to 3,039 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Cochlear decreased by 8.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Cochlear's Scope 1 Emissions Over Time

20192020202120222023202402505007501 ktCO2e+37%-15%-47%+265%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Cochlear's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Cochlear were 856 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Cochlear reduced its Scope 1 emissions over time?

Since 2019, Cochlear's Scope 1 emissions have increased by 109.29%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Cochlear's Scope 1 emissions decreased by 6.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Cochlear's Scope 2 emissions?

In 2024, Cochlear reported Scope 2 greenhouse gas (GHG) emissions of 2,183 tCOâ‚‚e using the market-based method.

Has Cochlear reduced its Scope 2 emissions over time?

Since 2019, Cochlear's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 77.78%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Cochlear's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Cochlear 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Cochlear use for Scope 2 reporting?

In 2024, Cochlear reported its Scope 2 emissions using the market-based method.

Cochlear's Scope 2 Emissions Over Time

20192020202120222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Market-Based

Insights into Cochlear's Value Chain Emissions

In 2024, Cochlear reported 14,418 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Cochlear includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Cochlear's Scope 3 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e-74%-96%+1081%+399%+32%
  • Total Scope 3
  • Year-over-Year Change

What are Cochlear's Scope 3 emissions?

In 2024, Cochlear reported total Scope 3 emissions of 14,418 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Cochlear reduced its Scope 3 emissions over time?

Since 2019, Cochlear's Scope 3 emissions have decreased by 22.61%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Cochlear's Scope 3 emissions increased by 31.67%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Cochlear disclose?

In 2024, Cochlear reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Cochlear's Scope 3 emissions?

In 2024, the largest contributors to Cochlear's Scope 3 emissions were:

  • Business Travel (Cat. 6): 14,418 tCOâ‚‚e (100%)

Cochlear's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Cochlear's Total Carbon Footprint

In 2024, Cochlear reported a total carbon footprint of 17,457 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.36% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Cochlear's total carbon footprint was Scope 3 emissions, accounting for 82.59% of the company's total carbon footprint, followed by Scope 2 emissions at 12.51%.

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