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.
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.
Industry Benchmark
Sma Solar Technology's score of 63 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sma Solar Technology's reported carbon emissions
In 2024, SMA Solar Technology reported total carbon emissions of approximately 725,039,000 kg CO2e. This figure includes 2,937,000 kg CO2e from Scope 1 emissions, 135,000 kg CO2e from Scope 2 (market-based), and a significant 721,970,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 791,219,000 kg CO2e, with Scope 1 emissions at 2,825,000 kg CO2e and Scope 2 emissions (market-based) at 192,000 kg CO2e. SMA Solar Technology has set ambitious climate commitments, aiming for a 60% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2022 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and includes a pledge to source 100% renewable electricity annually through 2030. Additionally, the company has achieved a previous target of reducing specific CO2e emissions per kW of inverter output by 50% by 2025, compared to 2018 levels, which was already met in 2020. These initiatives reflect SMA's dedication to sustainability and reducing its carbon footprint in the electrical equipment and machinery sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 51,241,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,704.65 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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 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.
