Public Profile

Sma Solar Technology

SMA Solar Technology AG, commonly referred to as SMA, is a leading player in the solar energy industry, headquartered in Niestetal, Germany. Founded in 1981, the company has established itself as a pioneer in solar inverter technology, serving major operational regions across Europe, North America, and Asia. SMA's core offerings include innovative solar inverters, energy management systems, and storage solutions, all designed to optimise energy production and consumption. Their commitment to quality and sustainability has positioned them as a trusted partner in the transition to renewable energy. With numerous accolades and a strong market presence, SMA continues to drive advancements in solar technology, contributing significantly to the global shift towards clean energy solutions.

DitchCarbon Score

How does Sma Solar Technology's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

70

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

23

Industry Benchmark

Sma Solar Technology's score of 70 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

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Sma Solar Technology's reported carbon emissions

In 2023, SMA Solar Technology reported total carbon emissions of approximately 791,219,000 kg CO2e. This figure includes 2,825,000 kg CO2e from Scope 1 emissions, 191,710 kg CO2e from Scope 2 emissions, and a significant 788,202,000 kg CO2e from Scope 3 emissions. The company has made notable strides in reducing its carbon footprint, having achieved a 50% reduction in specific CO2e emissions per kW of inverter output by 2020, ahead of its 2025 target. Looking ahead, SMA Solar Technology has set ambitious goals to further enhance its sustainability efforts. The company aims to reduce its absolute Scope 1 and Scope 2 emissions by 60% by 2030, using 2022 as the baseline year. Additionally, SMA is committed to sourcing 100% renewable electricity through 2030 and ensuring that 82% of its suppliers, in terms of emissions, have science-based targets by 2028. These initiatives align with industry standards for climate action and demonstrate SMA's commitment to holistic sustainability.

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20202021202220232024
Scope 1
512,410
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
1,704,650
000,000
000,000
000,000
000,000
Scope 3
-
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sma Solar Technology's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sma Solar Technology is in DE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Sma Solar Technology is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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