Sma Solar Technology

SMA Solar Technology AG, headquartered in Germany and operating in the Electrical machinery and apparatus n.e.c. (31) industry, reported a total of approximately 791.2 million kg CO2e in emissions for the year 2024. This figure encompasses Scope 1, 2, and 3 emissions.

For Scope 1, emissions were approximately 2.84 million kg CO2e. Scope 2 emissions, utilising the market-based approach, were about 0.14 million kg CO2e. The company's Scope 3 emissions were significantly higher, totalling approximately 727.44 million kg CO2e, with purchased goods and services being the largest contributor at approximately 582.58 million kg CO2e.

Looking at the most recent year available, 2025, SMA Solar Technology AG reported total emissions of approximately 494.16 million kg CO2e. Scope 1 emissions for 2025 were approximately 2.35 million kg CO2e. Scope 2 emissions, using the market-based approach, were about 0.003 million kg CO2e. Scope 3 emissions for 2025 amounted to approximately 491.37 million kg CO2e, with purchased goods and services again being the largest component at approximately 390.26 million kg CO2e.

SMA Solar Technology AG has established several climate commitments. By 2030, the company aims for a 60% reduction in Scope 1 and Scope 2 emissions compared to a 2022 base year. This is a near-term, absolute reduction target. Additionally, the company is committed to sourcing 100% renewable electricity annually through 2030. They also have a commitment that 82% of their suppliers, by emissions, will have science-based targets by 2028, covering purchased goods and services, capital goods, and upstream transportation and distribution. Previously, a target was set to reduce specific CO2e emissions per kW of inverter output by 50% by 2025, relative to a 2018 baseline, which the company achieved in 2020. Another initiative focused on energy savings at their main site, aiming for approximately 5,700 megawatt hours by the end of 2024, starting from 2022.