Cochlear Ltd is an Australian medical devices company that specializes in the design, manufacture, and distribution of implantable hearing devices. The company was founded in 1981 by Dr. Graeme Clark, who is credited with inventing the first cochlear implant. Today, Cochlear is a global leader in the hearing implant industry, with operations in more than 100 countries.

As a medical devices company, Cochlear is committed to improving the lives of people with hearing loss. The company's products range from cochlear implants for severe to profound hearing loss to bone conduction implants for conductive and mixed hearing loss. Cochlear's products are designed to provide patients with the ability to hear and communicate more effectively, improving their quality of life.

In addition to its commitment to improving the lives of people with hearing loss, Cochlear is also committed to sustainability and decarbonisation. The company recognizes the importance of reducing its carbon footprint and has implemented a number of initiatives to achieve this goal.

One of the key initiatives that Cochlear has undertaken to reduce its carbon footprint is the implementation of a corporate energy program. The program is designed to reduce the company's energy consumption and increase the use of renewable energy sources. Cochlear has set a target to reduce its carbon emissions by 30% by 2025, and the corporate energy program is a key component of its strategy to achieve this goal.

As part of the corporate energy program, Cochlear has implemented a number of energy efficiency measures across its operations. These measures include the installation of energy-efficient lighting and HVAC systems, the use of energy-efficient equipment, and the implementation of energy management systems. Cochlear has also implemented a corporate power purchase agreement (PPA) to increase the use of renewable energy sources.

The corporate PPA is a long-term agreement between Cochlear and a renewable energy provider to purchase a specified amount of renewable energy. The agreement is designed to provide Cochlear with a stable and predictable source of renewable energy, reducing the company's reliance on fossil fuels. The PPA also provides a financial incentive for the renewable energy provider to invest in new renewable energy projects.

Cochlear's commitment to decarbonisation and renewable energy has been recognized by a number of organizations. In 2020, the company was named as one of the world's most sustainable companies by Corporate Knights, a Canadian media and research company. Cochlear was also recognized by the Carbon Disclosure Project (CDP) for its leadership in climate change management.

In addition to its commitment to sustainability, Cochlear is also committed to corporate social responsibility. The company has a number of initiatives in place to support the communities in which it operates. These initiatives include the Cochlear Community Grants program, which provides funding to community organizations that support people with hearing loss, and the Cochlear Volunteer Program, which encourages employees to volunteer their time and skills to support community organizations.

In conclusion, Cochlear Ltd is an Australian medical devices company that is committed to improving the lives of people with hearing loss. The company is also committed to sustainability and decarbonisation, with a number of initiatives in place to reduce its carbon footprint and increase the use of renewable energy sources. Cochlear's commitment to sustainability has been recognized by a number of organizations, and the company is a leader in climate change management. Cochlear's commitment to corporate social responsibility is also evident through its support of community organizations and its volunteer program.