Solaredge Technologies Inc
Solaredge Technologies's GHG Emissions Data Preview
In 2023, Solaredge Technologies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Solaredge Technologies has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Verified Sources Behind Solaredge Technologies’s Greenhouse Gas (GHG) Emissions 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 Solaredge Technologies’s data sources below and access millions more through our Disclosure Search.
Insights into Solaredge Technologies's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Solaredge Technologies amounted to 52,823 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Solaredge Technologies increased by 25.51%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Solaredge Technologies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Solaredge Technologies's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Solaredge Technologies were 9,895 metric tons of CO₂ equivalent (tCO₂e).a
Has Solaredge Technologies reduced its Scope 1 emissions over time?
Since 2019, Solaredge Technologies's Scope 1 emissions have increased by 726.65%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Solaredge Technologies's Scope 1 emissions increased by 41.34%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Solaredge Technologies's Scope 2 emissions?
In 2023, Solaredge Technologies reported Scope 2 greenhouse gas (GHG) emissions of 42,928 tCO₂e using the market-based method.a
Has Solaredge Technologies reduced its Scope 2 emissions over time?
Since 2019, Solaredge Technologies's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 146.67%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Solaredge Technologies's Scope 2 emissions (Market-Based) rose by 22.35% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Solaredge Technologies use for Scope 2 reporting?
In 2023, Solaredge Technologies reported its Scope 2 emissions using the market-based method.a
Solaredge Technologies's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Solaredge Technologies's Value Chain Emissions
In 2023, Solaredge Technologies reported 21,147 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Solaredge Technologies includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Solaredge Technologies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Solaredge Technologies's Scope 3 emissions?
In 2023, Solaredge Technologies reported total Scope 3 emissions of 21,147 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Solaredge Technologies reduced its Scope 3 emissions over time?
Since 2019, Solaredge Technologies's Scope 3 emissions have increased by 19.19%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Solaredge Technologies's Scope 3 emissions decreased by 19.48%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Solaredge Technologies disclose?
In 2023, Solaredge Technologies reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Solaredge Technologies's Scope 3 emissions?
In 2023, the largest contributors to Solaredge Technologies's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 21,147 tCO₂e (100%)
Solaredge Technologies's Scope 3 Emissions by Categories
Insights into Solaredge Technologies’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Solaredge Technologies reported Scope 1 greenhouse gas (GHG) emissions of 9,895 tCO₂e and total revenues of USD 2,977 millions. This translates into an emissions intensity of 3.32 tCO₂e per millions USD.a
Solaredge Technologies's Scope 1 Emissions Intensity Compared to Peers
How does Solaredge Technologies's GHG emissions intensity compare to its peers?
In 2023, Solaredge Technologies reported a Scope 1 emissions intensity of 3.32 tCO₂e per millions USD. Compared to the peer group median of 7.71, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Solaredge Technologies rank on GHG emissions intensity within its industry?
In 2023, Solaredge Technologies ranked 10 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Solaredge Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Solaredge Technologies's Total Carbon Footprint
In 2023, Solaredge Technologies reported a total carbon footprint of 73,970 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.23% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Solaredge Technologies's total carbon footprint was Scope 2 emissions, accounting for 58.03% of the company's total carbon footprint, followed by Scope 3 emissions at 28.59%.a