SMA Solar Technology AG 2019 AR2
The report details SMA Solar Technology AG's financial and sustainability performance for the fiscal year 2019. The company successfully returned to growth, with inverter output sold exceeding 10 gigawatts for the first time and sales increasing by 20.3% to ’915.1 million. SMA implemented planned cost-reduction measures, including exiting the Chinese market, which yielded over ’23 million in savings. Additionally, the company advanced its strategy to become a systems and solutions provider by launching complete system packages and establishing the elexon joint venture for electric vehicle charging infrastructure. On the environmental front, SMA reduced its Scope 1 and 2 emissions in Germany to 0.15 kg/kW of inverter output and achieved an 88.8% recycling rate for waste.
Company: SMA Solar Technology AG
Sector: Manufacturing
Country: Germany
Year: 2019
Type: AR2
Pages: 132
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SMA Solar Technology AG
Annual Report
The report details SMA Solar Technology AG's financial and sustainability performance for the fiscal year 2019. The company successfully returned to growth, with inverter output sold exceeding 10 gigawatts for the first time and sales increasing by 20.3% to ’915.1 million. SMA implemented planned cost-reduction measures, including exiting the Chinese market, which yielded over ’23 million in savings. Additionally, the company advanced its strategy to become a systems and solutions provider by launching complete system packages and establishing the elexon joint venture for electric vehicle charging infrastructure. On the environmental front, SMA reduced its Scope 1 and 2 emissions in Germany to 0.15 kg/kW of inverter output and achieved an 88.8% recycling rate for waste.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Total Waste
Women on Board
Women in Management
Employees