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Furniture Manufacturing
AU
updated 3 months ago

Cochlear Sustainability Profile

Company website

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.

48

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.

27

Industry Benchmark

Cochlear's score of 48 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Cochlear's reported carbon emissions

In 2024, Cochlear Limited reported total carbon emissions of approximately 6,036,000 kg CO2e, comprising 856,000 kg CO2e from Scope 1, 2,183,000 kg CO2e from Scope 2, and 2,997,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 6,326,000 kg CO2e, with Scope 1 emissions at 916,000 kg CO2e, Scope 2 at 2,401,000 kg CO2e, and Scope 3 at 3,009,000 kg CO2e. Cochlear has set ambitious climate commitments, aiming for a 25% reduction in absolute Scope 1 and Scope 2 emissions by 2025, and a 50% reduction in business flight-related emissions (Scope 3) by the same year. Furthermore, the company is targeting net-zero emissions in its operations (Scope 1 and 2) by 2030. These initiatives reflect Cochlear's commitment to sustainability and reducing its carbon footprint, aligning with industry standards for climate action.

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2018201920202021202220232024
Scope 1
728,000
000,000
000,000
000,000
000,000
000,000
000,000
Scope 2
13,537,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
00,000,000
0,000,000
000,000
0,000,000
0,000,000
0,000,000

How Carbon Intensive is Cochlear's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cochlear's primary industry is Furniture Manufacturing, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Cochlear's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cochlear is in AU, which has a very high grid carbon intensity relative to other regions.

Cochlear's Scope 3 Categories Breakdown

Cochlear's Scope 3 emissions, which decreased by 0% last year and decreased by approximately 84% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2024
Business Travel
481%

Cochlear's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Cochlear has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Cochlear's Emissions with Industry Peers

Siemens Healthineers AG

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Updated about 1 month ago

Starkey Hearing Technologies, Inc.

US
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Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated about 1 month ago

Advanced Bionics

US
•
Computer and related services (72)
Updated 3 months ago

Demant

DK
•
Health and social work services (85)
Updated 10 days ago

Ws Audiology

SG
•
Medical, precision and optical instruments, watches and clocks (33)
Updated 23 days ago

Boston Scientific

US
•
Medical, precision and optical instruments, watches and clocks (33)
Updated 27 days ago

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