WS Audiology is a Danish company that operates in the Medical Devices sector, specializing in the production of hearing aids and related accessories. The company was founded in 2019, as a result of a merger between two leading hearing aid manufacturers, Sivantos and Widex. With a combined history of over 140 years, WS Audiology is one of the largest hearing aid manufacturers in the world, with a presence in over 125 countries.

As a global player in the Medical Devices sector, WS Audiology recognizes the importance of decarbonisation and reducing its environmental impact. The company has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources. One of the key initiatives in this regard is the implementation of a Corporate Power Purchase Agreement (PPA), which allows the company to source renewable energy directly from a wind farm in Denmark.

The Corporate PPA is a long-term agreement between WS Audiology and the wind farm, which guarantees a fixed price for the renewable energy produced. This allows the company to lock in a stable and predictable energy price, while also reducing its reliance on fossil fuels. By sourcing renewable energy through a Corporate PPA, WS Audiology is able to reduce its carbon emissions and contribute to the decarbonisation of the energy sector.

In addition to the Corporate PPA, WS Audiology has also implemented a range of other initiatives to reduce its carbon footprint and improve its corporate energy efficiency. The company has invested in energy-efficient lighting and heating systems, as well as implementing energy-saving measures across its production facilities. These initiatives have not only reduced the company's environmental impact, but have also resulted in significant cost savings.

WS Audiology's commitment to decarbonisation and renewable energy is not only driven by a desire to reduce its environmental impact, but also by a recognition of the business benefits of sustainable practices. By transitioning to renewable energy sources and improving its energy efficiency, the company is able to reduce its operating costs and improve its bottom line. This is particularly important in the highly competitive Medical Devices sector, where cost pressures are high and margins are tight.

In addition to its focus on decarbonisation and renewable energy, WS Audiology is also committed to responsible and sustainable business practices more broadly. The company has a strong commitment to ethical and social responsibility, and has implemented a range of initiatives to promote sustainability across its operations. This includes a focus on responsible sourcing of raw materials, as well as initiatives to reduce waste and promote recycling.

Overall, WS Audiology is a leading player in the Medical Devices sector, with a strong commitment to decarbonisation and renewable energy. The company's implementation of a Corporate PPA and other initiatives to improve its energy efficiency demonstrate its commitment to reducing its environmental impact and contributing to the transition to a low-carbon economy. With a focus on responsible and sustainable business practices more broadly, WS Audiology is well positioned to succeed in the highly competitive Medical Devices sector, while also making a positive contribution to the environment and society.