CDP, a nonprofit organization recognized worldwide for its corporate scoring system, has awarded SMA Solar Technology AG (SMA) an A- for its 2022 Supplier Engagement Rating. According to CDP’s scoring methodology, this puts SMA in the Leadership group of companies that use best practices. The score is higher than both the average of B- achieved by companies in the “Renewable energy equipment” Activity Group and the European and global CDP company average of C. To accelerate action globally to reduce emissions in the supply chain, through the Supplier Engagement Rating, CDP assesses how companies are working with their suppliers on climate change.
“Our high rating by CDP once again demonstrates that we are on the right track with our commitment to sustainability,” said SMA Chief Executive Officer Jürgen Reinert “Sustainability and climate protection in the supply chain play a vital role in this regard because effective climate protection goes beyond the company borders. That’s why we work closely with our suppliers. This gives us exceptional leverage in our ability to further reduce the carbon footprint of our products. Looking ahead, we have set ourselves the goal this year of developing a comprehensive climate roadmap that will also include a range of reduction measures in the area of purchased goods and services in particular.”
The CDP Supplier Engagement Rating is based on the responses given by companies in the relevant sections of the comprehensive CDP climate change questionnaire. SMA first participated back in 2021 not only to provide all stakeholders with the greatest possible transparency regarding the company’s climate performance but also to identify best practice opportunities and integrate climate protection into its business processes. In 2022, SMA improved its CDP Climate Change Score from B- to B, putting the company within the European CDP average and above the global average of B- in the “Renewable energy equipment” Activity Group.
For more information about sustainability at SMA, visit the corporate website. SMA Solar Technology AG’s combined non-financial statement for 2022 will be published on March 30, 2023, as part of SMA’s 2022 Annual Report.
As a leading global specialist in photovoltaic and storage system technology, the SMA Group is setting the standards today for the decentralized and renewable energy supply of tomorrow. SMA’s portfolio contains a wide range of efficient PV and battery inverters, holistic system solutions for PV and battery-storage systems of all power classes, intelligent energy management systems and charging solutions for electric vehicles and power-to-gas applications. Digital energy services as well as extensive services up to and including operation and maintenance services for PV power plants round off SMA’s range. SMA inverters with a total output of more than 120 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,700 patents and utility models. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is listed in the TecDAX index and SDAX index.
SMA Solar Technology AG
Head of Corporate Communications:
Tel. +49 561 9522-2805
Senior Corporate Communications Manager
Tel. +49 561 9522-1124
This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.