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Environmental, Social, and
Governance Report 2020

Badri Kothandaraman
Badri Kothandaraman
President and CEO
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 30 million solar microinverters and approximately 1.3 million Enphase-based systems have been deployed in more than 130 countries.¹
8.6 gigawatts DC of Enphase microinverters have been installed in solar systems, offsetting 20.8 million metric tons of CO2e - the equivalent of providing electricity to 3.5 million homes for one year.¹

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Estimate 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.

Learn more about what we achieved in 2020


30 millionmicroinverters shipped worldwide¹

1.3 millionsystems deployed in more than 130 countries²

3,900installers
worldwide¹

29.5 TWhof cumulative shipments
of microinverters²



The result of our hard work is equivalent to any one of these


20.8 millionmetric tons of CO2e offset equivalent to providing
3.5 million homes with electricity for one year²

51.7 billioncar miles driven equivalent to cumulative CO2e avoidance²

2.3 billiongallons of gas equivalent to cumulative CO2e avoidance²

344 milliontree seedings grown
for 10 years²

2.7 trillionnumber of
smartphones charged²

4,497wind turbines running
for a year²

791 millionincandescent lamps switched to LEDs²

27 millionacres of U.S. forest
in one year²


As of 9/30/20

Estimate 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 wellbeing of our stakeholders and communities we serve.

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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.

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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.

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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.

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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.

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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. 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 below table references accounting metrics within this report and other sources.