Public Profile

Solar Edge

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.

DitchCarbon Score

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.

25

Industry Average

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.

9

Industry Benchmark

Solar Edge's score of 25 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Solar Edge's reported carbon emissions

In 2023, Solar Edge reported total carbon emissions of approximately 43,420,000 kg CO2e, comprising 1,458,000 kg CO2e from Scope 1 and about 12,042,000 kg CO2e from Scope 2 emissions in Israel (IL). The company also disclosed significant Scope 3 emissions, including 55,703,000 kg CO2e from the use of sold products and 21,147,000 kg CO2e from purchased goods and services. Over the years, Solar Edge has shown a commitment to reducing its carbon footprint. In 2022, the total emissions were about 35,085,000 kg CO2e, with Scope 1 emissions at 7,001,000 kg CO2e and Scope 2 emissions at approximately 35,085,000 kg CO2e globally. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions intensity for Scope 1 and 2 combined has varied, with a notable figure of 0.0177 kg CO2e per USD of revenue reported in 2023. Solar Edge continues to operate within the renewable energy sector, which inherently aims to mitigate climate change impacts through sustainable practices.

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20192020202120222023
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
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Solar Edge's primary industry is Electricity by solar photovoltaic, which is medium 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. Solar Edge is headquartered in IL, which has a rank of low, indicating low 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.

Solar Edge is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers