Cochlear
Cochlear Limited, commonly referred to as Cochlear, is a global leader in implantable hearing solutions, headquartered in Sydney, Australia. Founded in 1981, the company has pioneered advancements in the field of audiology, particularly with its innovative cochlear implants and bone conduction devices. Cochlear operates in key markets across Europe, North America, and Asia, providing life-changing hearing solutions to individuals with hearing loss. Its flagship products, including the Nucleus® cochlear implant system and the Baha® bone conduction system, are distinguished by their cutting-edge technology and commitment to improving user experience. With a strong market position, Cochlear has received numerous accolades for its contributions to hearing health, solidifying its reputation as a trusted name in the industry. The company continues to lead the way in research and development, ensuring that it remains at the forefront of hearing innovation.
DitchCarbon Score
How does Cochlear's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cochlear's score of 40 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cochlear's reported carbon emissions
In 2023, Cochlear reported total carbon emissions of approximately 6,326,000 kg CO2e, with Scope 1 emissions at about 916,000 kg CO2e, Scope 2 emissions at around 2,401,000 kg CO2e, and Scope 3 emissions reaching approximately 3,009,000 kg CO2e. This marked a reduction from 2022, where total emissions were about 9,991,000 kg CO2e. Cochlear's emissions data over the years shows a trend of decreasing total emissions, with significant reductions from 2022 to 2023. For instance, in 2022, the company emitted approximately 9,991,000 kg CO2e, which was a decrease from 12,453,000 kg CO2e in 2021. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or disclosed any formal climate pledges. Cochlear's commitment to reducing its carbon footprint is evident in its ongoing efforts to lower emissions across all scopes, particularly in Scope 1 and 2, which combined accounted for about 3,317,000 kg CO2e in 2023. The company continues to focus on sustainability and reducing its environmental impact as part of its operational strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 586,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 10,905,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,124,000 | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cochlear is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
