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Demant A/S

Common Name
Demant
Country
Denmark
Sector
Healthcare
Industry
Medical Devices
Employees
22,057
Ticker
DEMANT
Exchange
NASDAQ COPENHAGEN A/S
Description
Demant A/S is a global leader in the hearing healthcare industry, offering a comprehensive range of products and solutions to support individuals with hearing loss. Primarily known for its advanced he...

Demant's GHG Emissions Data Preview

In 2024, Demant 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).

Demant has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Demant’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Demant’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Demant’s data sources below and access millions more through our Disclosure Search.

a. Demant's Annual Report 2024

Insights into Demant's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Demant amounted to 33,686 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Demant increased by 1.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Demant's Scope 1 Emissions Over Time

20192020202120222023202404 k8 k12 k16 ktCO2e-21%+6%+35%+17%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Demant's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Demant were 14,645 metric tons of CO₂ equivalent (tCO₂e).a

Has Demant reduced its Scope 1 emissions over time?

Since 2019, Demant's Scope 1 emissions have increased by 30.69%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Demant's Scope 1 emissions decreased by 1.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Demant's Scope 2 emissions?

In 2024, Demant reported Scope 2 greenhouse gas (GHG) emissions of 14,781 tCO₂e using the market-based method and 19,041 tCO₂e using the location-based method.a

Has Demant reduced its Scope 2 emissions over time?

Since 2019, Demant's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Demant's emissions have plateaued with no significant change in its energy consumption footprint.a

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

What methodology does Demant use for Scope 2 reporting?

In 2024, Demant reported its Scope 2 emissions using the market-based method and using the location-based method.a

Demant's Scope 2 Emissions Over Time

20192020202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Demant's Value Chain Emissions

In 2024, Demant reported 464,103 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Demant includes a breakdown across 6 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.a

Demant's Scope 3 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e-11%+28%+8%+13%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Demant's Scope 3 emissions?

In 2024, Demant reported total Scope 3 emissions of 464,103 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 74.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 25.66% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Demant reduced its Scope 3 emissions over time?

Since 2019, Demant's Scope 3 emissions have increased by 30.66%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Demant's Scope 3 emissions remained relatively stable, indicating that Demant's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Demant disclose?

In 2024, Demant reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Fuel- and Energy-Related Services (Cat. 3): 7,253 tCO₂e (44.96%)
  • Use of Sold Products (Cat. 11): 3,972 tCO₂e (24.62%)
  • Business Travel (Cat. 6): 2,741 tCO₂e (16.99%)

Demant's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(45.0%)Use of Sold Products(Cat. 11)(24.6%)Business Travel(Cat. 6)(17.0%)

Insights into Demant’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Demant reported Scope 1 greenhouse gas (GHG) emissions of 14,645 tCO₂e and total revenues of USD 3,124 millions. This translates into an emissions intensity of 4.69 tCO₂e per millions USD.a

Demant's Scope 1 Emissions Intensity Compared to Peers

101001,0005,00050,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)EIInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MMedacta GroupYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 577Scope 1 Intensity: 2.25 tCO2e/$MMicroport ScientificYear: 2023Scope 1: 3,168 tCO2eRevenue: $M 7,404Scope 1 Intensity: 0.43 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$MNihon KohdenYear: 2024Scope 1: 4,155 tCO2eRevenue: $M 1,466Scope 1 Intensity: 2.83 tCO2e/$MEdwards LifesciencesYear: 2024Scope 1: 15,682 tCO2eRevenue: $M 5,439Scope 1 Intensity: 2.88 tCO2e/$MAmbuYear: 2024Scope 1: 3,369 tCO2eRevenue: $M 805Scope 1 Intensity: 4.18 tCO2e/$MMindrayYear: 2024Scope 1: 5,328 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.06 tCO2e/$MSmith & NephewYear: 2024Scope 1: 12,794 tCO2eRevenue: $M 4,290Scope 1 Intensity: 2.98 tCO2e/$MCochlearYear: 2025Scope 1: 951 tCO2eRevenue: $M 1,542Scope 1 Intensity: 0.62 tCO2e/$MEEEmbla MedicalYear: 2024Scope 1: 2,290 tCO2eRevenue: $M 5,437Scope 1 Intensity: 0.42 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MOlympusYear: 2025Scope 1: 24,120 tCO2eRevenue: $M 6,650Scope 1 Intensity: 3.63 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MGetingeYear: 2024Scope 1: 12,710 tCO2eRevenue: $M 3,154Scope 1 Intensity: 4.03 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$MDemantYear: 2024Scope 1: 14,645 tCO2eRevenue: $M 3,124Scope 1 Intensity: 4.69 tCO2e/$M

How does Demant's GHG emissions intensity compare to its peers?

In 2024, Demant reported a Scope 1 emissions intensity of 4.69 tCO₂e per millions USD. Compared to the peer group median of 2.07, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Demant rank on GHG emissions intensity within its industry?

In 2024, Demant ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Demant among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Demant's Total Carbon Footprint

In 2024, Demant reported a total carbon footprint of 497,789 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.25% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Demant's total carbon footprint was Scope 3 emissions, accounting for 93.23% of the company's total carbon footprint, followed by Scope 2 emissions at 3.83%.a

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