Rating agency EcoVadis has once again awarded SMA Solar Technology AG (SMA, FWB: S92) a gold medal for successful sustainability management. This puts SMA among the top five percent of companies assessed by EcoVadis worldwide. This is the second time in succession that the company has received the gold medal. The ratings and scorecards from EcoVadis show how well a company has integrated the principles of sustainability into its business and management system. The ratings focus on four categories: environment, labor and human rights, ethics and sustainable procurement.
EcoVadis has certified that SMA operates an advanced sustainability management system that covers all four topics assessed. SMA even managed to improve on its score from last year in the labor and human rights and sustainable procurement categories. “The once again very good evaluation in the demanding EcoVadis rating underscores the high importance of sustainability for SMA,” said SMA CEO Jürgen Reinert. “Holistic sustainability in all areas of the company is one of the key objectives at the heart of our Strategy 2025. Excellent ESG ratings such as the EcoVadis gold medal give us assurance that we are on the right track for attaining this ambitious goal.”
Nominated for the 2024 German Sustainability Award
In July, SMA had already been nominated as a “pioneer of transformation” in the field of energy generation technology for the 2024 German Sustainability Award for companies. The Award is the biggest and most prestigious of its kind in Europe. The finalists will be announced in September.
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, comprehensive 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 130 gigawatts have been installed in more than 190 countries worldwide. They help avoid the emission of around 63 million tons of CO2e annually. 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 on the TecDAX and MDAX index.
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This press release may 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 valid only 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.