Environmental,
Social, and
Governance Report
2020
A letter from our
President and CEO
Sustainability is at the core of what we do at Enphase, and our purpose is to advance a sustainable future for all. We deliver technology solutions that make clean energy more affordable, reliable, and accessible. Today, Enphase is the world’s leading supplier of microinverter-based solar-plus-storage systems. Since inception, we have shipped approximately 30 million solar microinverters, and approximately 1.3 million Enphase-based systems have been deployed in more than 130 countries. Nearly 8.6 gigawatts of solar systems have been installed using Enphase microinverters, offsetting 20.8 million metric tons of CO2e — the equivalent of providing electricity to 3.5 million homes per year. Enphase was founded in 2006 with five key elements to our value proposition: deliver products that are productive, reliable, smart, simple, and safe.
Badri Kothandaraman
President and CEO
Learn more about what we achieved
The leading microinverter company in the world
30 million
microinverters shipped1
29.5 TWh
of cumulative shipments2
1.3 million
systems deployed1
3,900
installers worldwide2
The results from our hard work
20.8 million
metric tons of CO2e offset equivalent to providing 3.5 million homes with electricity per year2
51.7 billion
car miles driven equivalent to cumulative CO2e avoidance2
1.3 million
gallons of gas equivalent to cumulative CO2e avoidance2
344 billion
tree seedlings grown for 10 years2
1.6 trillion
smartphones charged2
4,503
wind turbines running for a year2
792 billion
incandescent lamps
switched to LEDs2
27 billion
acres of U.S. forests in one year2
1As of 9/30/20
2Estimate based on Enphase managed systems data as of 9/30/20 grossed up for non-managed systems based on cumulative sales records;
CO2e calculations based on EPA GHG calculator.
Our approach to ESG
Sustainability is at the core of what we do, and our purpose is to advance a sustainable future for all. Our focus on ESG starts with our technology solutions that make clean energy more affordable, reliable, and accessible. As our business continues to grow, we are committed to increasing the well-being of our stakeholders and the communities we serve.
Environment
We collectively require a fundamental shift toward a more circular and low-carbon model. Companies with adequate sustainability management systems will thrive in a resource-constrained future and will be well placed to help customers do the same. We are in the business of enabling access to intelligent, clean energy solutions for our customers in order to help reduce the world's carbon footprint. Sustainability is at the core of what we do.
Human capital
People and communities build the fabric of our company.
As a growing enterprise, we are dedicated to ensuring the health, safety, well-being, and professional growth of our employees in order to best serve our external stakeholders.
Social
At Enphase, we recognize and take seriously our responsibility to help protect, preserve, and promote human rights around the world. For us, this means creating accessible, clean technology for underserved communities, ensuring privacy and security for our partners and users, and perpetuating ethical practices along our value chain.
Governance
We combine strong internal governance with clear communication to ensure that stakeholder goals and objectives translate into actionable business practices by all Enphase employees. To support our commitment to drive the adoption of sustainable clean energy solutions for our customers, we participate in the development of policies and regulations around the world as part of our core governance principles.
United Nations sustainable
development goals
Enphase supports the United Nations Sustainable Development Goals (SDGs) and remains committed to driving progress on select goals that are closely aligned to our ESG priorities. See a table referencing sections of this report that relate to each goal.
SASB Index
According to the SASB Industry Level Materiality Map, certain categories are "the most likely material issues for companies" in the Solar Technology industry. Learn more about the accounting metrics within this report and other sources.