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.
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.
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.
Cochlear's score of 40 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cochlear reported total carbon emissions of approximately 6,326,000 kg CO2e. This figure includes 916,000 kg CO2e from Scope 1 emissions, 2,401,000 kg CO2e from Scope 2 emissions, and 3,009,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. The company has shown a significant reduction in emissions over the years, decreasing from about 28,864,000 kg CO2e in 2019 to the latest figure, representing a reduction of approximately 78% over this period. Cochlear's emissions profile indicates a consistent effort to lower its carbon footprint, particularly in Scope 1 and 2 emissions, which have decreased from 10,234,000 kg CO2e in 2019 to 3,316,000 kg CO2e in 2023. However, there are currently no specific reduction targets or climate pledges disclosed by the company, which may suggest a need for more formal commitments in line with industry standards. Overall, Cochlear's commitment to reducing carbon emissions reflects a proactive approach to climate responsibility, aligning with global trends in sustainability and corporate accountability.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 409,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 9,825,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 18,630,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.