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 lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SolarEdge Technologies, Inc., headquartered in Israel (IL), reported total carbon emissions of approximately 14,580,000 kg CO2e from Scope 1 and 12,042,000 kg CO2e from Scope 2 emissions in the IL region. Globally, the company’s emissions included about 9,895,000 kg CO2e from Scope 1, 42,928,000 kg CO2e from Scope 2, and 55,703,000 kg CO2e from Scope 3 emissions, which encompass various categories such as the use of sold products and purchased goods and services. Despite the significant emissions figures, SolarEdge has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is sourced directly from SolarEdge Technologies, Inc., with no cascaded data from a parent or related organization. Overall, while SolarEdge is actively reporting its emissions, it currently lacks defined climate commitments or reduction strategies, placing it in a context where further action may be necessary to align with industry standards for climate accountability.
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 |
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 65% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 56% of Scope 3 emissions.
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.
Solar Edge has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
