Through the four commitments defined in Sonovas corporate sustainability program, we make essential contributions to the SDGs 3 (good health and wellbeing) and 4 (quality education). We conduct business in a responsible way and therewith also positively influence the SDGs 5, 8 and 9. We have limited and more indirect impact on the goals 6, 7, 12, 13, 16 and 17.
The graph below gives an overview of our contribution.
The third development goal focuses on ensuring healthy lives and promoting well-being for people of all ages. The importance of good hearing and the consequences of hearing loss are still underestimated, although people with untreated hearing loss often face serious consequences. These range from disadvantages at work to relationship problems and social isolation, which may even lead to depression. As well as its impact on the individual, untreated hearing loss puts a heavy cost burden on society. SDG 3 is well aligned with our vision: a world where everyone enjoys the delight of hearing and lives a life without limitations.
The fourth development goal is about ensuring an inclusive and quality education for all and promoting lifelong learning. To be able to follow a lifelong educational path, it is essential for children to have a good start. Children with untreated hearing loss, however, face severe difficulties, since development of speech and language is fundamentally dependent on the sense of hearing. Untreated hearing loss among children can greatly limit speech, cognitive development, and school performance. Children with hearing loss often grow up unable to find work and become trapped in a cycle of poverty and isolation.
Sonova offers innovative and easy-to-use products especially designed for children. Our philanthropic engagement at Group level has a strong focus on increasing access to hearing care in low- and middle-income countries especially for children, mainly through donations supporting the charitable Hear the World Foundation – initiated by Sonova in 2006 – with funding, expertise, and hearing solutions.