Sustainability
Report
2024
A letter from our
President and CEO
I am pleased to share our 2024 Sustainability Report with you, where we discuss our ongoing efforts to realize Enphase’s purpose: “Advancing a sustainable future for all.” As the world’s leading supplier of microinverter-based solar and battery systems, we recognize our responsibility to promote sustainable practices and contribute to building a safe and equitable environment worldwide.
Badri Kothandaraman
President and CEO
Enphase in numbers
80+ million
microinverters shipped¹
107 TWh
of clean energy production²
1.69 GWh
of storage¹
4.7 million
systems deployed¹
The results of our hard work
Learn about our contributions and their equivalent real-world impact.
72 million
metric tons of CO₂e prevented from entering the atmosphere, enough to power 14.9 million homes with energy for one year³
183 billion
miles not driven by an average gasoline-powered passenger vehicle³
8.1 billion
gallons of gasoline not consumed³
21.5 thousand
wind turbines running for a year³
25.4 million
tons of waste recycled instead of landfilled³
72.1 billion
acres of U.S. forests planted in one year³
¹Approximate values as of December 31, 2024
²Cumulative estimate based on Enphase managed systems data from 2006 through December 31, 2024 grossed up for non-managed systems based on historical production records
³CO2e calculations based on 107 TWh of clean energy production under the U.S. EPA GHG Equivalencies Calculator
Environmental
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.
Social
People and culture are critical to our success. By attracting and retaining top talent, providing opportunities to learn and grow, and cultivating a welcoming, equitable, and safe work environment, we can consistently deliver best-in-class energy systems to homeowners and businesses around 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.
