SMA Solar Technology AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, SMA Solar Technology AG disclosed greenhouse gas emissions of 2.9K tCO2e (Scope 1+2) after compensation; 1087972.67 tCO2e (Scope 3). By scope: Scope 1: 2.7K tCO2e; Scope 2: 191.71 tCO2e; Scope 3: 1.1M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
2.9K tCO2e (Scope 1+2) after compensation; 1087972.67 tCO2e (Scope 3)
2023
⚡
Renewable Energy
80%
of total energy
💧
Water Usage
81.7K m3
2023
♻️
Waste
2.9K tons
2023
⚙️
Energy Use
33.48 GWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.7K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.191.71 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.1M tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20232.9K tCO2e (Scope 1+2) after compensation; 1087972.67 tCO2e (Scope 3)
2022600.8K tCO2e (Scope 3) + 2812.86 tCO2e (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce all Scope 1 and Scope 2 emissions by 60% by 2030.
  • 100% renewable electricity procurement by 2030 (without offsets).
  • Commit SMA Group suppliers responsible for 81% of emissions in purchased goods and services, capital goods, and upstream transportation and distribution to set science-based CO2e emissions targets by 2028.

📅 Medium-term

  • Increase the proportion of female employees to 30% by 2030.
  • Increase the proportion of women in professional positions to 30% by 2030.
  • Increase the proportion of women in executive positions to 22% by 2030.

🔭 Long-term

  • Net zero emissions by 2050.

🌱 ESG Focus Areas

Governance & Ethical BusinessEnvironment & EnergyProduct StewardshipEmployees

⚠️ Challenges & Risks +

  • Geopolitical tensions and the global climate crisis.
  • Supply chain disruptions due to component shortages.
  • Intense competition in the PV market.
  • Dependence on individual regions and markets.
  • Potential for product defects and failures.
  • Risks associated with operational facilities and systems.
  • Risks related to personnel recruitment and retention.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, EU Taxonomy Regulation
Assurance: BDO AG Wirtschaftsprüfungsgesellschaft (limited assurance)