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.

26

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Sma Solar Technology's score of 26 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Sma Solar Technology's reported carbon emissions

In 2023, SMA Solar Technology AG reported total greenhouse gas emissions of approximately 1,081,000,000 kg CO2e, with emissions distributed across various scopes: 2,733,410 kg CO2e from Scope 1, 191,710 kg CO2e from Scope 2, and a significant 1,087,972,670 kg CO2e from Scope 3. This represents a total of about 1,084,000,000 kg CO2e when combining Scope 1 and 2 emissions. SMA Solar Technology has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 60% by 2030, using 2022 as the baseline year. The company is also committed to sourcing 100% renewable electricity annually through 2030. Furthermore, it aims for 82% of its suppliers, in terms of emissions from purchased goods and services, capital goods, and upstream transportation and distribution, to have science-based targets by 2028. These targets align with the necessary reductions to limit global warming to 1.5°C, demonstrating SMA's commitment to sustainability and climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
20222023
Scope 1
2,444,750
0,000,000
Scope 2
368,110
000,000
Scope 3
618,070,350
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 , 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. 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.

SBTi
CDP
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