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.

34

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.

2

Industry Benchmark

Sma Solar Technology's score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Sma Solar Technology's reported carbon emissions

In 2023, SMA Solar Technology AG reported total greenhouse gas emissions of approximately 2,925,120 kg CO2e, which includes 2,733,410 kg CO2e from Scope 1 and 191,710 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 60% by 2030, using 2022 as the baseline year. Additionally, SMA is committed to sourcing 100% renewable electricity annually through 2030. Furthermore, the company plans for 82% of its suppliers, covering emissions from purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets by 2028. These initiatives align with industry standards for climate action and demonstrate SMA's commitment to sustainability and reducing its carbon footprint.

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2020202120222023
Scope 1
512,410
0,000,000
0,000,000
0,000,000
Scope 2
1,704,650
000,000
000,000
000,000
Scope 3
-
000,000,000
000,000,000
0,000,000,000

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 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. Sma Solar Technology is headquartered in DE, which has a rank of medium, indicating medium grid carbon intensity.

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 committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers