SMA Solar Technology AG 2024 AR2
The report highlights SMA Solar Technology AG's performance in 2024, a challenging year marked by a significant slump in demand in the Home Solutions and Commercial & Industrial Solutions segments. Despite these market headwinds, the Large Scale & Project Solutions segment experienced strong growth, with sales increasing by 39.1% to €1,175.8 million. To address the overall decline in sales and profitability, the company launched a comprehensive restructuring and transformation program, SHIFT, aiming to reduce costs and streamline operations. On the sustainability front, SMA's science-based greenhouse gas emission reduction targets were validated by the Science Based Targets initiative (SBTi).
Company: SMA Solar Technology AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: AR2
Pages: 279
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SMA Solar Technology AG
Annual Report
The report highlights SMA Solar Technology AG's performance in 2024, a challenging year marked by a significant slump in demand in the Home Solutions and Commercial & Industrial Solutions segments. Despite these market headwinds, the Large Scale & Project Solutions segment experienced strong growth, with sales increasing by 39.1% to €1,175.8 million. To address the overall decline in sales and profitability, the company launched a comprehensive restructuring and transformation program, SHIFT, aiming to reduce costs and streamline operations. On the sustainability front, SMA's science-based greenhouse gas emission reduction targets were validated by the Science Based Targets initiative (SBTi).
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees