An extensive amount of work goes into incorporating environmental, social, and corporate governance (ESG) standards in our day-to-day business. Gathering and transparently reporting the relevant data is an important part of this effort. Recent – and repeated – recognition by external bodies validates our progress towards our sustainability ambitions from our IntACT ESG strategy.
Each year, S&P carries out the Corporate Sustainability Assessment (CSA) to collect information on companies' sustainability performance covering a wide range of industry-specific economic, environmental, and social aspects. Sonova received a 77/100 compared to industry best, 79/100 and came in second out of 268 assessed companies in the Health Care Equipment & Supplies industry. The score determines eligibility for the annual DJSI and Global Sustainability Yearbook.1
Launched in 1999, the DJSI was the first index to track the financial performance of leading sustainability-driven companies on a global scale. The rating (77/100) ensured that Sonova was included in December 2022's edition of the DJSI for the ninth consecutive year.
Furthermore, in the Global Sustainability Yearbook, published in February 2023, Sonova featured in the top 5% of companies assessed in the Health Care Equipment & Supplies industry.
CDP recognized Sonova for its outstanding reporting concerning environmental impact, receiving the second-highest score of ‘A-,’ placing us in the top 12% of our industry (medical equipment and supplies). The CDP is an annual ranking focusing on climate change disclosure and action and is highly regarded by investors and analysts.
In addition to external recognitions by the DJSI, Sustainability Yearbook, and CDP, here are more tangible examples of ESG improvements over the course of the fiscal year 2021/22 along the pillars of our IntACT strategy.
Protecting the planet
Advancing our people
Acting with integrity
These achievements further emphasize what IntACT – Sonova’s enhanced sustainability strategy stands for: continued improvement in our environmental, social, and governance responsibilities.