Carbon Disclosure Project Contents Module: Introduction .......................................................................................................................... 2 Page: Introduction .......................................................................................................................... 2 Module: Management ........................................................................................................................ 4 Page: CC1. Governance ................................................................................................................... 4 Page: CC2. Strategy ......................................................................................................................... 4 Page: CC3. Targets and Initiatives ................................................................................................... 6 Page: CC4. Communication ............................................................................................................. 8 Module: Risks and Opportunities ....................................................................................................... 9 Page: CC5. Climate Change Risks .................................................................................................... 9 Page: CC6. Climate Change Opportunities .................................................................................... 10 Module: GHG Emissions Accounting, Energy and Fuel Use, and Trading ......................................... 12 Page: CC7. Emissions Methodology .............................................................................................. 12 Page: CC8. Emissions Data - (1 Jan 2015 - 31 Dec 2015) .............................................................. 13 Page: CC9. Scope 1 Emissions Breakdown - (1 Jan 2015 - 31 Dec 2015) ..................................... 17 Page: CC10. Scope 2 Emissions Breakdown - (1 Jan 2015 - 31 Dec 2015) ................................... 18 Page: CC11. Energy ....................................................................................................................... 20 Page: CC12. Emissions Performance ............................................................................................. 22 Page: CC13. Emissions Trading ...................................................................................................... 24 Page: CC14. Scope 3 Emissions ..................................................................................................... 24 Module: Sign Off ............................................................................................................................... 26 Page: CC15. Sign Off ...................................................................................................................... 26 1 | P a g e CDP 2016 Climate Change 2016 Information Request CDP William Demant Holding A/S Module: Introduction Page: Introduction CC0.1 Introduction Please give a general description and introduction to your organization. The William Demant Group develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The Group focuses on four business activities: Hearing Devices, Hearing Implants, Diagnostic Instruments and Personal Communication. The Group operates in a global market and its companies deliver high-technology solutions incorporating micro-electronics, micro-mechanics, wireless technology, software and audiology. All Group companies collaborate in many areas and share resources and technologies. Specifically, they closely work together in the early stages of the value chain such as purchasing and production, as well as the distribution side. In R&D, marketing and sales, single units are characterized by higher autonomy and strong identity. The Group aims to become the customers’ preferred supplier of state-of-the-art quality solutions, and thus create a platform for continued organic growth. It strives to meet user needs by maintaining a high innovative level and constantly expanding its global infrastructure. The Group plays a role in overall structural changes by acquiring enterprises in existing core and related businesses. Through such acquisitions, the Group capitalises on its technological and audiological expertise, managerial competencies and financial resources to create further growth. The Group endeavours to increase its value through continued growth in revenues and results. All Group companies seek to promote a stimulating and rewarding working environment through a flexible, knowledge-based organisational structure. Moreover, the Group is committed to high standards of ethics, quality and fairness and is dedicated to meeting its environmental and social responsibilities. The emission of GHGs from the Group's activities (Scope 1 and 2) is relatively small (14.4 metric tonnes CO2 in 2015) due to the limited resources needed for the manufacturing of hearing aids. Hearing aids constituted 86% of total sales in 2015. The Group each year reports on CSR through United Nations Global Compact Communication on Progress (CoP) report. This CoP is referred to in the Group's Annual Report and includes CDP results from 2015. CC0.2 Reporting Year Please state the start and end date of the year for which you are reporting data. The current reporting year is the latest/most recent 12-month period for which data is reported. Enter the dates of this year first. We request data for more than one reporting period for some emission accounting questions. Please provide data for the three years prior to the current reporting year if you have not provided this information before, or if this is the first time you have answered a CDP information request. (This does not apply if you have been offered and selected the option of answering the shorter questionnaire). If you are going to provide additional years of data, please give the dates of those reporting periods here. Work backwards from the most recent reporting year. 2 | P a g e Please enter dates in following format: day(DD)/month(MM)/year(YYYY) (i.e. 31/01/2001). Enter Periods that will be disclosed Thu 01 Jan 2015 - Thu 31 Dec 2015 CC0.3 Country list configuration Please select the countries for which you will be supplying data. If you are responding to the Electric Utilities module, this selection will be carried forward to assist you in completing your response. Select country Denmark Poland United Kingdom Japan Australia Italy United States of America Canada Brazil Germany France China South Korea Spain Switzerland Malaysia CC0.4 Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. DKK CC0.6 Modules As part of the request for information on behalf of investors, electric utilities, companies with electric utility activities or assets, companies in the automobile or auto component manufacture sub-industries, companies in the oil and gas sub-industries, companies in the information technology and telecommunications sectors and companies in the food, beverage and tobacco industry group should complete supplementary questions in addition to the main questionnaire. 3 | P a g e If you are in these sector groupings (according to the Global Industry Classification Standard (GICS)), the corresponding sector modules will not appear below but will automatically appear in the navigation bar when you save this page. If you want to query your classification, please email [email protected]. If you have not been presented with a sector module that you consider would be appropriate for your company to answer, please select the module below. If you wish to view the questions first, please see https://www.cdp.net/en-US/Programmes/Pages/More-questionnaires.aspx. Further Information Module: Management Page: CC1. Governance CC1.1 Where is the highest level of direct responsibility for climate change within your organization? Board or individual/sub-set of the Board or other committee appointed by the Board CC1.1a Please identify the position of the individual or name of the committee with this responsibility The strategic responsibility for CSR-related issues lies with the Manager of Communication and CSR. CC1.2 Do you provide incentives for the management of climate change issues, including the attainment of targets? No Page: CC2. Strategy CC2.1 Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities There are no documented processes for assessing and managing risks and opportunities from climate change CC2.1d Please explain why you do not have a process in place for assessing and managing risks and opportunities from climate change, and whether you plan to introduce such a process in future 4 | P a g e Do you Main reason for plan to not having a introduce Comment process a process? The Company has not identified any significant risks and/or opportunities No requirement arising from climate changes. However, when preparing the strategic, No from management budgetary and annual plans, the Directors always consider all risks identified by the Company. CC2.2 Is climate change integrated into your business strategy? No CC2.2b Please explain why climate change is not integrated into your business strategy Management continuously seeks to minimise any financial consequences of damage to corporate assets, including any operating losses incidental to potential