SolarEdge Technologies, Inc., commonly referred to as SolarEdge, is a leading provider of intelligent energy solutions headquartered in Israel (IL). Founded in 2006, the company has established itself as a key player in the solar energy industry, focusing on optimised inverter systems and smart energy management technologies. With a strong presence in North America, Europe, and Asia, SolarEdge has achieved significant milestones, including the development of its innovative power optimisers, which enhance the efficiency of solar energy systems. The company’s unique offerings, such as its advanced monitoring platform and storage solutions, set it apart in a competitive market. Recognised for its commitment to sustainability and innovation, SolarEdge continues to solidify its market position, contributing to the global transition towards renewable energy.
How does Solar Edge'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.
Mean score of companies in the Solar PV Electricity 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.
Solar Edge's score of 25 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SolarEdge Technologies, headquartered in Israel (IL), reported total carbon emissions of approximately 9,895,000 kg CO2e for Scope 1 and 42,928,000 kg CO2e for Scope 2 on a global scale. In Israel specifically, the company recorded Scope 1 emissions of about 1,458,000 kg CO2e and Scope 2 emissions of approximately 12,042,000 kg CO2e (market-based). The company has not disclosed any Scope 3 emissions data for 2023. However, in the global context, significant Scope 3 emissions were reported, including 55,703,000 kg CO2e from the use of sold products and 21,147,000 kg CO2e from purchased goods and services. Despite the substantial emissions figures, SolarEdge has not set specific reduction targets or initiatives as part of their climate commitments, nor have they cascaded any targets from parent organizations. The absence of documented reduction initiatives suggests a need for further development in their sustainability strategy. Overall, SolarEdge's emissions data reflects their operational impact, while the lack of reduction targets indicates an opportunity for enhanced climate action within the renewable energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,197,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 17,403,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 00,000,000 |
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.
Solar Edge is not participating in any 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.