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Cochlear Limited, commonly referred to as Cochlear, is a leading innovator in the field of hearing solutions, headquartered in Australia. Established in 1981, the company has made significant strides in the medical device industry, particularly in the development of implantable hearing devices. With a strong presence in major operational regions including North America, Europe, and Asia-Pacific, Cochlear has positioned itself as a trusted name in auditory health.
The company’s core products include cochlear implants and bone conduction devices, which are designed to provide effective hearing solutions for individuals with varying degrees of hearing loss. What sets Cochlear apart is its commitment to research and development, ensuring that its products incorporate the latest technological advancements. Recognised for its market leadership, Cochlear has received numerous accolades for its contributions to improving the quality of life for those with hearing impairments.
+7 vs industry average
Cochlear’s score of 33 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Furniture Manufacturing has above-average carbon intensity
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Cochlear, headquartered in Australia and operating within the furniture and other manufactured goods sector, has established several climate commitments.
Emissions Data:
For the reporting year 2024, Cochlear reported total global emissions of approximately 6,036,000 kg CO2e. This comprised:
In the previous year, 2023, total global emissions were approximately 6,326,000 kg CO2e, with Scope 1 at around 916,000 kg CO2e, Scope 2 at approximately 2,401,000 kg CO2e, and Scope 3 at approximately 3,009,000 kg CO2e (including around 10,950,000 kg CO2e for business travel).
Climate Commitments and Reduction Targets:
Cochlear has set targets to reduce its environmental impact:
The company's sustainability reporting is detailed in its Annual Reports, accessible via provided document URLs. Missing data points in their reporting include Scope 3 purchased goods and services emissions.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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