SMA Solar Technology AG

Common Name
SMA Solar Technology
Country
Germany
Sector
Technology
Industry
Solar
Employees
3,771
Ticker
S92
Exchange
XETRA
Website
www.sma.de
Description
SMA Solar Technology AG is a leading company in the renewable energy sector, specializing in the development and production of solar inverters for photovoltaic systems. Inverters are critical componen...

SMA Solar Technology's Climate Target Data Preview

As of 2024, SMA Solar Technology has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction 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 SMA Solar Technology ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind SMA Solar Technology’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SMA Solar Technology’s data sources below and access millions more through our Disclosure Search.

a. SMA Solar Technology's Annual Report 2024
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Insights into SMA Solar Technology's Greenhouse Gas Emissions Pathways

As of 2024, SMA Solar Technology 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. a

Does SMA Solar Technology have a target to reduce the emissions from its operations?

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

SMA Solar Technology's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 2,896 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing operational emissions, SMA Solar Technology has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

SMA Solar Technology's Operational (Scope 1+2) Emissions Pathway

20222024203008001.6 k2.4 k3.2 kCurrent (+6%)Target 2030 (-60%)
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