Environmental, Social
and Governance Report
2021
A letter from our
President and CEO
Sustainability is at the core of what we do at Enphase. Our goal 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. We have delivered approximately 39+ million solar microinverters since our inception. Around 1.7+ million Enphase systems have been installed in more than 130 countries. Solar systems with an output of approximately 8.6 gigawatts have been installed with Enphase microinverters. These plants offset emissions of 20.8 million tonnes of CO2e, which is equivalent to supplying electricity for 3.5 million households per year. Enphase was founded in 2006 with five key elements of our value proposition: To deliver products that are productive, reliable, smart, simple and safe...
Badri Kothandaraman
President and CEO
Learn more about what we have achieved
The world’s leading microinverter company
42+ million
installed microinverters 1
43.4 TWh
cumulative shipments2
300+ MWh
global installers
1.9 million
installed
This is the result of our hard work
31 million
metric tons of CO2e offset; this is equivalent to providing 3.5 million households with electricity per year2
76 billion
car miles driven equivalent to off-setting cumulative CO2e 2
3.5 billion
litres of fuel equivalent to off-setting cumulative CO2e 2
8,366
wind turbines running for one year2
1.2 billion
incandescent lamps
switched to LEDs 2
36 billion
acres of U.S. forests in one year2
1As of 30.09.2020
2Estimate based on Enphase managed systems data as of 30.09.2020 grossed up for non-managed systems based on cumulative sales records;
CO2e calculations based on U.S. EPA GHG calculator.
Our ESG concept
Sustainability is at the core of what we do. Our goal 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 wellbeing of our stakeholders and communities we serve.
Environment
We collectively require a fundamental shift towards a more circular and low-CO2 model. Companies with adequate sustainability management systems will thrive in a future with limited resources and will be well placed to help their customers achieve the same goals. We are in the business of enabling access to smart, 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, wellbeing and professional growth of our employees in order to best serve our external stakeholders.
Social
At Enphase, we recognise 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. We are committed to introducing sustainable solutions that advance clean energy for our customers. With this in mind, we are involved in developing guidelines and regulations all over the world. This is 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 selected goals that are closely aligned to our ESG priorities. This table references sections of this report that relate to each goal.
SASB Index
According to the SASB Industry Level Materiality Map, the following categories are “the most likely material issues for companies” in the Solar Technology industry. The following table refers to accounting metrics within this report and other sources.