Environmental,
Social, and
Governance Report
2021
A letter from our
President and CEO
I am pleased to share our 2021 Environmental, Social, and Governance (ESG) report, where we discuss ongoing efforts to realize Enphase’s purpose of advancing a sustainable future for all. Since the publication of our inaugural ESG report in 2020, we have made strides in measuring our carbon footprint, cultivating a diverse and inclusive workplace, and raising awareness of ESG issues across the business. We are committed to building on this foundation to establish long-term goals aligned with the needs of global sustainable development, and I remain optimistic for what the future holds as we continue our ESG journey.
Badri Kothandaraman
President and CEO
Learn more about what we achieved
The leading microinverter company in the world
42+ million
microinverters shipped¹
43.4 TWh
of cumulative shipments²
300+ MWh
of storage¹
1.9 million
systems deployed¹
The results from our hard work
Our contribution is the equivalent to any one of the following:
31 million
metric tons of CO₂e prevented from entering the atmosphere, enough to power 3.9 million homes with energy for one year²
76 billion
miles not driven by an average gasoline-powered passenger vehicle²
3.5 billion
gallons of gasoline not consumed²
8,366
wind turbines running for a year²
1.2 billion
incandescent lamps switched to LEDs²
36 billion
acres of U.S. forests in one year²
¹ As of December 31, 2021
² Estimate based on Enphase managed systems data as of December 31, 2021 grossed up for non-managed systems based on cumulative sales records; CO₂e calculations based on EPA GHG calculator
Environment
Our best-in-class energy management solutions include solar generation, battery storage, electric vehicle (EV) charging, smart load control, and cloud-based monitoring and control. While our products and services directly address the urgent challenges presented by climate change and the transition to a low-carbon economy, we appreciate that our ability to continue to do so rests in attending to, and taking accountability for, environmental impacts across the entire value chain.
People
We are building a community where everyone feels valued and treated equally at Enphase. We encourage employee wellbeing by offering facilities and incentives. We have laid the foundation for a robust talent management program covering recruitment, career progression pathways, and global leadership development - empowering employees, both new and existing, to reach their full potential and find satisfaction in their work.
Society
At Enphase, we take seriously our responsibility to help expand access to clean energy. We support a more clean, reliable, and better-performing grid, and we collaborate with a wide range of stakeholders to advance policy outcomes in support of clean energy across the world.
Governance
We regularly evaluate a myriad of risks associated with climate change, governance, human rights, integrity, employee satisfaction, finance, information technology, and other business processes to ensure a strong internal governance with clear communication. We participate in the development of policies and regulations around the world as part of our core governance principles.
We support the United Nations Sustainable Development Goals (UN SDGs) and are committed to driving progress toward achieving those goals which align with our business strategy. Learn more about our contribution to the UN SDGs inside the report.
We have continued aligning ESG disclosures with prevailing reporting frameworks including the Sustainability Accounting Standards Board (SASB), Global Reporting Initiative (GRI), and Taskforce for Climate-Related Financial Disclosures (TCFD). See the report for information inside the report.