Overall impact
A (89)

Commentary

Sonova is a leader for overall positive impact. With an 'A' rating of 89.2 for overall impact (98th percentile compared to all companies), Sonova ranks 1st out of 103 industry peers, ahead of Waters, MyMD Pharmaceuticals, Alphatec and 99 others. On top material causes for Sonova's industry (Healthcare Equipment), Sonova performs well in Improved Mental Health (88.0 score), Equal Pay and Opportunity (95.6), Sanitation Access (83.1) and 11 other causes where it received an 'A' score. Sonova did not receive a 'D' or 'F' rating on any cause.
Impact
Cause SOON.SW
Peer rank
Overall impact

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Company
Founded
1947
Employees
18,570
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Supplies
SASB industry
Medical Equipment & Supplies
Headquarters
Switzerland
Share classes
SOON.SW
SONVY
Description
Sonova Holding AG manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segment engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands. The Cochlear Implants segment is involved in the design, development, manufacture, distribution, and service of hearing implants and related products under the Advanced Bionics brand. The company sells its products directly to end consumers through its own store network; wholesales to independent audiologists, third party retail chains, and multinational and government customers; and provides hearing care services through a network of stores and clinics. The company was formerly known as Phonak Holding AG and changed its name to Sonova Holding AG in August 2007. Sonova Holding AG was founded in 1947 and is headquartered in Stäfa, Switzerland.
Material causes
Ethos considers the following causes material for Sonova, based on its industry sub-industry Health Care Supplies. Learn more about material causes in our methodology overview.

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