SolarEdge’s Annual Sustainability Report Highlights 40M Metric Tons of CO2e Prevented Yearly Via Utilization of its Photo voltaic Options

SolarEdge Technologies, Inc., a world chief in sensible vitality expertise, publicizes the discharge of its 2023 Sustainability Report, which particulars the progress made within the Company’s sustainability technique within the areas of Environment, Society, Governance (ESG) and represents its dedication. accountability and transparency of stakeholders.

Zvi Lando, Chief Executive Officer of SolarEdge: “The launch of our 2023 Sustainability report highlights the numerous progress we’ve got made in direction of our company ESG objectives by 2023. We are very dedicated to accelerating the transfer in direction of in a low carbon world and can proceed to make progress on our method to enhance our company ESG practices. Our Sustainability Report particulars the various methods wherein we’re delivering on our promise to energy the vitality future by our merchandise, individuals and enterprise practices.â€

Some of the important thing highlights from the 2023 Sustainability Report embrace:

• 40 million metric tons of CO2e are prevented yearly through the use of SolarEdge DC-optimized PV techniques, equal to completely eradicating ~9.6 million gasoline automobiles from the street, worldwide.
• More than 3.4 million properties are outfitted with SolarEdge PV techniques.
• Over 50% of Fortune 100 corporations have SolarEdge expertise on at the least one among their roofs.
• SolarEdge was just lately included within the 2024 Corporate Knights record of the highest 100 sustainable firms on the planet.
• EcoVadis awarded SolarEdge with a “Silver medal” sustainability ranking, inserting the corporate within the prime 15% of over 130,000 corporations rated worldwide.
• ISS ESG ranking among the many prime 10% of the best rated corporations within the Electronic Components sector, and absolute best ISS Management Quality Score of ‘1’
• MSCI ESG Rating of A.
• Scores at a better degree along with ESG rankings.
• 100% of producing and R&D websites are licensed to ISO requirements for high quality, environmental and security administration.
• More than 2,300 hours of worker volunteering by 2023, selling STEM and renewable vitality training, supporting sustainability and local weather motion and selling gender equality and variety.

See SolarEdge’s full 2023 Sustainability Report

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