Corporate Knights, a media and research company specializing in sustainability, has included SMA Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) in the renowned “100 Most Sustainable Corporations in the World Index” (ticker: CKG100) for the first time. Corporate Knights has compiled the ranking annually since 2005 based on comprehensive research into the sustainability performance of companies and their products. In the Global 100 Index for 2024 published yesterday evening at the World Economic Forum in Davos, Switzerland, SMA is ranked 10th overall and is the leader in both the industry and the peer group.
“We are very proud of our excellent ranking in the well-known Global 100 Index of the most sustainable companies,” said SMA CEO Jürgen Reinert. “The fact that Corporate Knights ranks SMA as one of the ten most sustainable companies in the world once again confirms that we are well on track to achieving our sustainability goals and making SMA a comprehensively sustainable company that plays a leading role in shaping a better future in line with our Strategy 2025.”
According to Corporate Knights, the Global 100 companies represent the top group worldwide in terms of sustainability performance. To compile the 2024 ranking, Corporate Knights assessed 6,733 global companies with annual sales of more than USD 1 billion on the basis of up to 25 quantitative sustainability indicators such as sustainable sales, sustainable investments, consideration of sustainability goals in management board remuneration, diversity in management and taxes paid. The key figures were weighted differently in order to reflect the impact profile of each sector individually.
Further information can be found in the latest press release from Corporate Knights.
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 135 gigawatts have been installed in more than 200 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 1,600 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 onin the MDAX index and TecDAX index.
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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.