SMA Solar Technology AG 2024 Annual Report with Sustainability Disclosures
Company: SMA Solar Technology AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 279
The report describes a difficult 2024, with SMA Group sales falling to €1,530.0 million and a substantial restructuring program underway. It presents the Group's first sustainability statement prepared under CSRD and ESRS, supported by a double materiality assessment and limited external assurance. SMA reports a validated target to reduce Scope 1 and Scope 2 emissions by 60% by 2030 from a 2022 base year. Energy consumption was 32.0 thousand MWh, 70% renewable, while total waste fell to 2,526 tons.
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