Environmental
Social and
Governance Report
2023
A letter from our
President and CEO
Since the publication of our inaugural Environmental, Social, and Governance (ESG) Report in 2020, we have made strides in managing our emissions footprint, cultivating a diverse and inclusive workplace, and raising awareness of ESG issues across the business. I am pleased to report the ongoing success of our ESG efforts in 2023 as we continued to make best-in-class renewable home energy systems with a laser focus on product innovation, quality, and customer experience.
Badri Kothandaraman
President and CEO
Enphase in numbers
73+ million
microinverters shipped¹
80.6 TWh
of clean energy production²
1.2 GWh
of storage¹
4 million
systems deployed¹
The results of our hard work
Learn about our contributions and their equivalent real-world impact.
56 million
metric tons of CO₂e prevented from entering the atmosphere, enough to power 7.3 million homes with energy for one year³
144 billion
miles not driven by an average gasoline-powered passenger vehicle³
6.3 billion
gallons of gasoline not consumed³
14.8 thousand
wind turbines running for a year³
19.5 million
tons of waste recycled instead of landfilled³
65.7 billion
acres of U.S. forests planted in one year³
¹As of December 31, 2023
²Annual running total estimate based on Enphase managed systems data as of December 31, 2023 grossed up for non-managed systems based on cumulative production records
³Estimate based on Enphase managed systems data as of December 31, 2023 grossed up for non-managed systems based on cumulative production records; CO₂e calculations based on U.S. EPA Greenhouse Gas Equivalencies Calculator
Environment
Enphase’s best-in-class energy management solutions, spanning solar energy generation, battery storage, EV charging, and cloud-based monitoring and control, provide the smart energy needed to drive global sustainable development. Our products and services directly address the urgent challenges presented by climate change and accelerate the transition to a low-carbon economy.
People
We strive to make Enphase a great place to work by recruiting and retaining the best talent, cultivating a diverse, equitable and inclusive workforce, providing opportunities for learning and development, and ensuring a safe and healthy work environment.
Society
We aim to support a cleaner, more reliable, and better-performing grid, and to collaborate with a wide range of stakeholders to advance policy outcomes in support of clean energy across the world.
Governance
Our corporate governance framework is rooted in risk management and compliance, which serves as a foundation for sustainability and ESG efforts at Enphase.
We support the United Nations Sustainable Development Goals (UN SDG) and are committed to driving progress toward achieving those goals that align with our business strategy. Learn more about our contribution to the UN SDG 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 Task Force on Climate-related Financial Disclosures (TCFD). Read the report for more information.
