Enphase Energy Inc

Common Name
Enphase Energy
Country
United States
Sector
Technology
Industry
Solar
Employees
2,781
Ticker
ENPH
Exchange
NASDAQ/NMS
Description
Enphase Energy Inc. is a prominent player in the global renewable energy sector, specializing in designing and manufacturing microinverter systems. These systems are integral to solar power installati...

Enphase Energy's Climate Target Data Preview

As of 2024, Enphase Energy has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Enphase Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
Copy restricted. Please purchase to unlock this data.
2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Enphase Energy's Greenhouse Gas Emissions Pathways

As of 2024, Enphase Energy has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Enphase Energy have a target to reduce the emissions from its operations?

As of 2024, Enphase Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Enphase Energy's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue in 2021.

Instead of reducing operational emissions, Enphase Energy has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

Enphase Energy's Operational (Scope 1+2) Emissions Pathway

20212024203000000BaselineCurrent (+45%)Target 2030 (-30%)
Want Full Access to Enphase Energy's Climate Targets Dataset?
Sign Up