GN Group
GN Group, headquartered in Denmark, is a leading global provider in the audio and communication technology industry. Founded in 1869, the company has evolved significantly, marking key milestones such as the introduction of innovative hearing aids and advanced audio solutions. GN Group operates primarily in Europe, North America, and Asia, focusing on two main business areas: GN Hearing and GN Audio. The company is renowned for its cutting-edge hearing aids, which incorporate state-of-the-art technology for enhanced sound quality and user experience. Additionally, GN Audio offers premium headsets and speakerphones, catering to both professional and personal use. With a strong market position, GN Group is celebrated for its commitment to innovation and quality, consistently delivering products that stand out in a competitive landscape.
DitchCarbon Score
How does GN Group'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 Funds, trusts, and financial vehicles 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
GN Group's score of 18 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GN Group's reported carbon emissions
In 2021, GN Group reported total carbon emissions of approximately 487,064,000 kg CO2e. This figure includes Scope 1 emissions of about 2,002,000 kg CO2e, which comprise mobile combustion (990,000 kg CO2e), fugitive emissions (103,000 kg CO2e), and stationary combustion (908,000 kg CO2e). Scope 2 emissions were reported at approximately 11,168,000 kg CO2e (market-based), while Scope 3 emissions accounted for a significant 483,064,000 kg CO2e. The latter includes categories such as purchased goods and services (279,589,000 kg CO2e) and upstream transportation and distribution (134,146,000 kg CO2e). Comparatively, in 2020, GN Group's total emissions were about 428,076,000 kg CO2e, with Scope 1 emissions at approximately 2,354,000 kg CO2e and Scope 2 emissions at around 10,658,000 kg CO2e. The substantial increase in emissions from 2020 to 2021 highlights the need for ongoing climate action. Despite the emissions data, GN Group has not set specific reduction targets or initiatives, nor do they have any commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction strategies indicates a potential area for improvement in their climate commitments. Overall, GN Group's emissions profile reflects a significant reliance on Scope 3 emissions, which are often the most challenging to manage, underscoring the importance of comprehensive strategies to address their carbon footprint.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 2,354,000 | 0,000,000 |
| Scope 2 | 10,658,000 | 00,000,000 |
| Scope 3 | 428,076,000 | 000,000,000 |
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.
GN Group is not participating in any of the initiatives that 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.
