Demant A/S 2020 AR2
The report outlines Demant's performance in 2020, highlighting the launch of its flagship hearing aid, Oticon More, which features an on-board deep neural network. Despite the challenges of the COVID-19 pandemic, the company experienced a strong recovery in the second half of the year, driven by its Hearing Healthcare segment and the successful consolidation of its premium audio brand, EPOS. In terms of sustainability, Demant launched a new strategic direction, achieving a 20% reduction in greenhouse gas emissions per employee and increasing the proportion of female managers to 42% globally. Additionally, the company introduced a new Group Code of Conduct and Whistleblower scheme to strengthen business ethics.
Company: Demant A/S
Sector: Manufacturing
Country: Denmark
Year: 2020
Type: AR2
Pages: 149
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Demant A/S
Annual Report
The report outlines Demant's performance in 2020, highlighting the launch of its flagship hearing aid, Oticon More, which features an on-board deep neural network. Despite the challenges of the COVID-19 pandemic, the company experienced a strong recovery in the second half of the year, driven by its Hearing Healthcare segment and the successful consolidation of its premium audio brand, EPOS. In terms of sustainability, Demant launched a new strategic direction, achieving a 20% reduction in greenhouse gas emissions per employee and increasing the proportion of female managers to 42% globally. Additionally, the company introduced a new Group Code of Conduct and Whistleblower scheme to strengthen business ethics.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Employees