SMA Solar Technology AG
SMA Solar Technology EU Taxonomy Data Preview
In 2024, SMA Solar Technology was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
SMA Solar Technology has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of SMA Solar Technology are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy 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 SMA Solar Technology's Revenues from Sustainable Activities
In 2024, SMA Solar Technology reported EU Taxonomy-eligible revenues of EUR 1.39 billion, representing 90.6% of its total turnover. Of this amount, EUR 1.09 billion of SMA Solar Technology's revenues was classified as EU Taxonomy-aligned, indicating that 71.4% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
SMA Solar Technology's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have SMA Solar Technology's revenues become more sustainable over time?
Since 2022, SMA Solar Technology's taxonomy-aligned revenues increased by 68.79%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), SMA Solar Technology's taxonomy-aligned revenues increased by 83.55%, highlighting SMA Solar Technology's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of SMA Solar Technology's revenue is eligible under the EU Taxonomy?
In 2024, SMA Solar Technology reported that EUR 1.39 billion of its revenue was eligible under the EU Taxonomy, representing 90.6% of the company's total turnover. Of this amount, EUR 1.09 billion (71.4% of total revenue) was classified as Taxonomy-aligned. This means that 19.1% of SMA Solar Technology's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of SMA Solar Technology's eligible revenue is aligned with the EU Taxonomy?
In 2024, SMA Solar Technology reported that EUR 1.09 billion of its revenue was aligned under the EU Taxonomy, representing 71.4% of its total turnover.
This strong alignment suggests that SMA Solar Technology has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
SMA Solar Technology's Eligibility & Alignment Overview
SMA Solar Technology's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is SMA Solar Technology's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, SMA Solar Technology reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 71.4%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does SMA Solar Technology earn from selling climate-related solutions ?
In 2024, SMA Solar Technology reported that EUR 1.09 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 71.4% of the company's total revenue, indicating that SMA Solar Technology primarily focuses on solutions that support climate action through its commercial activities.
Insights into SMA Solar Technology's CAPEX from Sustainable Activities
In 2024, SMA Solar Technology reported EU Taxonomy-eligible CAPEX of EUR 114.46 million, representing 95.6% of its total CAPEX. Of this amount, EUR 74.90 million of SMA Solar Technology's CAPEX was classified as EU Taxonomy-aligned, indicating that 62.6% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
SMA Solar Technology's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have SMA Solar Technology's increased its investment in sustainable activities over time?
Since 2022, SMA Solar Technology's taxonomy-aligned capital expenditure (CAPEX) increased by 98.73%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), SMA Solar Technology's taxonomy-aligned CAPEX increased by 71.04%, highlighting SMA Solar Technology's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of SMA Solar Technology's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, SMA Solar Technology reported that EUR 114.46 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 95.6% of the company's total CAPEX. Of this amount, EUR 74.90 million (62.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 33.1% of SMA Solar Technology's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of SMA Solar Technology's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, SMA Solar Technology reported that EUR 74.90 million of its CAPEX was aligned under the EU Taxonomy, representing 62.6% of its total capital investment.
This strong alignment suggests that SMA Solar Technology is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
SMA Solar Technology's Eligibility & Alignment Overview
SMA Solar Technology's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is SMA Solar Technology's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, SMA Solar Technology reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 62.6%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much SMA Solar Technology is investing in climate-related solutions?
In 2024, SMA Solar Technology allocated EUR 74.92 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 62.6% of the company's total capital expenditure, indicating that SMA Solar Technology is prioritizing climate-focused investments as a central part of its overall capital strategy.
Insights into SMA Solar Technology's OPEX from Sustainable Activities
In 2024, SMA Solar Technology reported EU Taxonomy-eligible OPEX of EUR 82.83 million, representing 98.2% of its total operating expenses (OPEX). Of this amount, EUR 53.79 million of SMA Solar Technology's OPEX was classified as EU Taxonomy-aligned, indicating that 63.8% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
SMA Solar Technology's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have SMA Solar Technology's increased its spending in sustainable activities over time?
Since 2022, SMA Solar Technology's taxonomy-aligned operating expenditure (OPEX) increased by 81.77%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), SMA Solar Technology's taxonomy-aligned OPEX increased by 63.17%, highlighting SMA Solar Technology's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of SMA Solar Technology's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, SMA Solar Technology reported that EUR 82.83 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 98.2% of the company's total OPEX. Of this amount, EUR 53.79 million (63.8% of total OPEX) was classified as Taxonomy-aligned. This means that 34.4% of SMA Solar Technology's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of SMA Solar Technology's eligible OPEX is aligned with the EU Taxonomy?
In 2024, SMA Solar Technology reported that EUR 53.79 million of its OPEX was aligned under the EU Taxonomy, representing 63.8% of its total operational expenditure.
This strong alignment suggests that SMA Solar Technology is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
SMA Solar Technology's Eligibility & Alignment Overview
SMA Solar Technology's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is SMA Solar Technology's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, SMA Solar Technology reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 63.8%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of SMA Solar Technology's operational budget supports climate-related solutions?
In 2024, SMA Solar Technology allocated EUR 53.79 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 63.8% of the company's total OPEX, indicating that SMA Solar Technology is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.