Sma Solar Technology Sustainability Profile
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 60 is higher than 75% 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, with Scope 1 emissions at about 2,937,000 kg CO2e, Scope 2 emissions (market-based) at approximately 135,000 kg CO2e, and a significant Scope 3 total of around 721,970,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 791,219,000 kg CO2e, with Scope 1 at approximately 2,825,000 kg CO2e and Scope 2 (market-based) at around 192,000 kg CO2e. SMA Solar Technology has set ambitious climate commitments, aiming for a 60% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2022 as the base year. This target is part of their commitment to sourcing 100% renewable electricity annually through 2030. Additionally, they aim for 82% of their suppliers, based on emissions from purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets by 2028. Notably, SMA achieved a 50% reduction in specific CO2e emissions per kW of inverter output produced by 2020, compared to the 2018 baseline, demonstrating their proactive approach to sustainability. The company continues to focus on holistic sustainability as part of its corporate strategy, with a goal of supplying 100% climate-neutral electricity and heating by 2025.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,085,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,855,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000,000 | - | 000,000,000 | 000,000,000 |
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Sma Solar Technology's Scope 3 Categories Breakdown
Sma Solar Technology's Scope 3 emissions, which decreased by 8% last year and increased by approximately 28% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 81% of Scope 3 emissions.
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Sma Solar Technology's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sma Solar Technology has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Sma Solar Technology's sustainability data and climate commitments