Notes:

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Notes:

TRIR and LTIR rates are calculated using the 200,000-multiplication factor, which represents the total number of hours 100 employees would work in a year (100 workers x 40 hours x 50 weeks).

SolarEdge working hours are based on actual hours worked for all employees where available, representing around half of our total workforce. For the remaining employees, best estimates were used, based on average hours worked in the locations measured.

Coverage includes all company employees based in all operational facilities and marketing and sales offices around the world. Contractor employee incidents are tracked and reported for the same global boundaries. The reported safety incidents include all on-site incidents and job-related traffic incidents. 

TRIR and LTIR rates exclude contractor employees and include only company employees, due to data limitations regarding the work hours of our contractor employees. Nevertheless, we monitor and report all safety incidents related to our contractor employees, provide them with needed safety training and equipment, and act to prevent any risk to their personal health and safety.

See section: Health & Safety for an explanation on the decrease in TRIR and LTIR rates in 2024, compared with 2023.

 

 

 

25

0

0

402

2023

17

0

0

275

31

0

1

814

Number of recordable injuries (TRI)

Number of fatalities

Number of high-consequence work-related injuries

Number of lost days due to injury

2024

2022

Occupational safety performance: workforce (employees + contractors)

4

0

0

24

2023

0

0

0

0

1

0

0

5

Number of recordable injuries (TRI)

Number of fatalities

Number of high-consequence work-related injuries

Number of lost days due to injury

2024

2022

Occupational safety performance: contractors

0

21

0.61

0

11.0

0

378

6,892,675

2023

0

17

0.5

0

8.1

0

275

6,776,831

0

30

0.66

0

17.9

1

809

9,053,805

Fatality rate

Number of recordable injuries (TRI)

Injury rate (TRIR)

Number of fatalities

Lost day rate (LTIR)

Number of high-consequence work-related injuries

Number of lost days due to injury

Hours worked

2024

2022

Occupational safety performance: employees

GRI 403-9: Work-related injuries

124

385,703

268,660

8,270

4,442

24,033

80,298

2023

457

411,411

267,292

7,585

15,522

19,539

101,445

169

502,837

329,150

7,643

6,805

23,292

135,948

GJ / $ million revenues

GJ

GJ

GJ

GJ

GJ

GJ

Energy intensity

Total energy consumption

Electricity purchased from Grid

Diesel  

Solar PV generated

Gasoline  

Natural Gas

2024

2022

Units

Fuels and purchased electricity

GRI 302-1: Energy consumption within the organization
GRI 302-3: Energy intensity

 

Note:

0.3

0.1

-

MT

NMHCs (Non-Methane Hydrocarbons)

0.7

1.1

-

MT

PM (Particulate Matter)

2.6

2.6

-

MT

VOCs (Volatile Organic Compounds)

0.9

1.6

0.7

MT

NOx (Nitrous oxide emissions) 

2024

2023

2022

Units

Emissions

GRI 305-7: Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions

 

VOCs, PM and NMHC emissions were measured and reported from 2023 and onwards. The above reported emissions are measured and reported in accordance with local regulations and relevant for the manufacturing sites we own in Israel, South Korea and Italy.  Emissions that do not require monitoring by local regulations (for example: SOx and HAP) are not measured and are considered negligible.

Due to the minor measured amounts of the emissions reported above, we do not consider these air emissions to hold a material environmental impact in relation to our activities. For that reason, we have not set reduction targets for these emissions.

Note:

11,710

21,147

26,262

MT CO2e

Contract manufacturer emissions

(Category 1: Purchased Goods and Services)

 

2024

2023

2022

Units

Scope 3 emissions

GRI 305-3: Other indirect (Scope 3) GHG emissions

 

The Scope 3 emissions reported above only relate to the electricity used by our contract manufacturers for producing SolarEdge products. These emissions form a part (but not all) of our Category 1 Purchased Goods and Services. Due to the complexity of our Scope 3 emissions inventory, we could not complete its 2024 analysis by the time of publication of this report. We aim to complete these calculations and include them in our upcoming annual CDP report. The full 2023 Scope 3 GHG inventory can be found in our previous CDP report.

The reported Scope 3 emissions have decreased significantly in 2024. The lower demands experienced in 2024 have resulted in significantly lower production levels of our products, at contract manufacturer and in general.

Note:

88%

71%

2,338

2,852

514

2023

2024

2022

Units

2023

2024

2022

Units

2023

819

691

128

0

128

0

228

0

463

0

874

859

15

1

15

0

640

0

218

0

1,129

2,033

1,647

386

1,470

1,964

177

386

0

0

3,036

2,081

955

275

955

1,806

0

0

0

MT

Other recovery operations

0

0

0

3,594

967

2,138

162

1,456

83%

83%

%

Percentage waste diverted and recovered

78%

2,940

3,911

970

76%

101

174

162

1,456

3,104

0

529

0

0

4,722

337

0

0

0

1,618

0

MT

MT

MT

MT

MT

MT

%

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

MT

Total waste directed to disposal

Total waste diverted from disposal

Percentage waste diverted from disposal

Non-hazardous waste

Total waste generated

Total

Total

Total

Total

Other

Landfill

Recycling (Non-Electronic Waste)

Other

Other recovery operations

Incineration without energy recovery  

Recycling (Electronic Waste)

Landfill  

Recycling  

Non-hazardous waste

Non-hazardous waste

Hazardous
waste

Hazardous
waste

Incineration with energy recovery

Preparation for reuse

Incineration with energy recovery

Preparation for reuse

Hazardous waste

2024

2022

Units

Waste directed to disposal

Waste diverted from disposal

Waste generated

GRI 306-3: Waste generated
GRI 306-4: Waste diverted from disposal
GRI 306-5: Waste directed to disposal

 

Hazardous waste quantities have decreased in 2024 mainly due to decreased production levels at the Sella 2 site in Korea.

Waste ‘diverted from disposal’ includes all types of recycled waste, while waste ‘diverted and recovered’ adds wastes incinerated with energy recovery, to all recycled wastes.

Note:

145,473

349,688

286,249

m3

Water withdrawal – contract manufacturers

2024

2023

2022

Units

Water withdrawal -
contract manufacturers for SolarEdge production

6,229

70

3,150

m3

Water recycled/reused on site

8.1

37.1

33,440

98.38

55,205

88,645

10.2

m3 / $ million revenues

Water consumption intensity

25,042

20.10

37,469

62,511

2023

30,492

37.27

80,461

110,953

m3

m3/$ million revenues

m3

m3

Water consumption

Water withdrawal intensity

Water discharge

Water withdrawal

2024

2022

Units

Water withdrawal

GRI 303-3: Water withdrawal  
GRI 303-4: Water discharge
GRI 303-5: Water consumption

 

Over 98% of water used at SolarEdge operated sites is withdrawn from municipal water supplies. The remaining <2% is constituted of bottled water consumed at two of our sites.

The discharge of sanitary and kitchen water from our office locations is not currently measured and is therefore excluded from the water discharge figure above.

Water consumption in the table above is calculated by subtracting the annual water discharge from the water withdrawal and excludes internally recycled water.

Water consumption reported for contract manufacturer sites, was specifically used in the production of SolarEdge products.

The significant decrease in water withdrawals in 2024 is related to the significantly lowered production levels, both in SolarEdge owned sites and in contractor manufacturer sites.

In contrast, the 2024 increase in water consumption intensity is mostly related to the significant decrease in our revenues in 2024, compared with 2023.

The vast majority of the water discharged by SolarEdge at 2022-24 is attributed to the production at the Sella 2 site. Here, water is mainly used in cooling processes and has no contact with the site’s chemical process. There is a minor amount of anti-corrosion material added to the water. This cooling water is discharged to a local wastewater treatment facility, which discharges the same water to the local river post-treatment. Since the same amount of water is returned to the source river with negligible effects on water quality, we consider Sella 2 water usage to have minor environmental impact. Due to the minimal environmental impact of the wastewater reported above, we do not consider water pollutants in wastewater as material in relation to our activities. For that reason, we have not set reduction targets.

For the sake of disclosure in this report, the terms ‘water recycling’ and ‘water reusage’ are used interchangeably. See the ‘Water efficiency’ section for details on how water is being recycled/reused at some of our sites

Note:

2022

13.53

35,085

42,086

7,001

2023

48.68

36,108

43,862

7,755

17.74

42,928

52,822

9,895

MT CO2e/$ million revenues

MT CO2e

MT CO2e

MT CO2e

Emissions intensity (Scope 1+2)

Energy indirect (Scope 2) GHG emissions  

Total Scope 1+2 emissions  

Direct (Scope 1) GHG emissions

2024

Units

GHG emissions

GRI 305-1: Direct (Scope 1) GHG emissions
GRI 305-2: Energy indirect (Scope 2) GHG emissions
GRI 305-4: GHG emissions intensity

 

GHG emissions related to fuel and natural gas were calculated using DEFRA 2024 conversion factors.

GHG emissions related to electricity were calculated using IEA 2022 and AIB European Residual Mix 2023 conversion factors, except for Israel (IEC- Israel Electric Corporation, 2023), U.S. (eGrid 2023 factors for subregions WECC California, ERCOT All, WECC Northwest, and FRCC All) and supplier specific factors when available.

GHG gas emissions include carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O).

Refrigerant gas (HCFC) emissions formed only 1.3% (102 tonnes CO2e) of the total Scope 1 emissions in 2024, with almost all (98.7%) of Scope 1 emissions still related to fuel consumption.

Scope 2 emissions are reported using a market-based method. Solar PV generated power is reported with zero related emissions.

The 2024 decrease in electricity and natural gas consumption, and the related decrease in Scope 1 and 2 emissions, are attributed to significantly decreased production levels in the Sella 2 site in Korea.

In contrast, the 2024 increase in emission intensity is mostly related to the significant decrease in our revenues in 2024, compared with 2023.

GRI 412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

Our Supplier Code of Conduct includes detailed requirements regarding various ESG fields, including ethics, environmental protection, safety, responsible upstream sourcing, and the protection of human rights. To date, more than 200 active suppliers have signed their acknowledgment of our Supplier Code of Conduct or presented equivalent codes of their own.; 10 of these active supplier sites (including five of our current and formerly used contract manufacturer sites) have undergone related on-site audits. To date, we have not found evidence indicating that further screening of suppliers based on human rights risk is required.

GRI 403-10: Work-related ill health

Occupational Safety Risk Assessments have not resulted in identification of specific occupational ill-health topics. We continue to monitor this as part of our ongoing safety programs and audits.

GRI 403-8 Workers covered by an occupational health and
safety management system

GRI 403-7: Occupational health and safety impacts linked
by business relationships

GRI 403-6: Promotion of worker health

We aim to certify all current and future manufacturing and R&D sites under our operational control to relevant ISO standards for management systems in the fields of quality, environment, and safety.


Currently, 100% of the designated sites (where 67% of our total global employees work), have been certified to ISO 45001 (safety management).

We encourage employees to maintain good health and support their efforts with a range of recreational activities that help improve physical energy and reduce stress, as well as healthcare benefits. See section: Health & Safety.

GRI 403-1: Occupational health and safety management system
GRI 403-2: Hazard identification, risk assessment, and incident investigation
GRI 403-3: Occupational health services
GRI 403-4: Worker consultation on occupational health and safety
GRI 403-5: Worker training on occupational health and safety

 

SolarEdge takes a proactive approach in assuring the occupational health and safety of its employees, ensuring that we are compliant with laws and regulations while striving for safety excellence. All our global manufacturing and R&D operations are certified to ISO Occupational Health and Safety Quality Management Standard ISO 45001:2018. We conduct regular risk assessments and incident investigation in line with ISO requirements. In our manufacturing and R&D sites, employees regularly participate in safety activities and in defining safety programs, requirements and measures. The majority of our global workforce undergo annual mandatory safety training. The remainder of the workforce receive periodic safety training, in accordance with local regulations. In addition, specialized safety training is conducted for those in relevant or high-safety-risk roles. Only a minority of SolarEdge sites provide occupational health services onsite. However, in the event of a safety incident or need for medical consultation, Safety Officers are trained to provide the appropriate responses to ensure that any needed medical attention is provided. 

GRI 102-41 Collective bargaining agreements

Approximately 150 employees based in Italy and Japan are employed through collective bargaining agreements, representing 4% of our total global company workforce. The remaining (96%) of our employees are employed with individual contracts.

Environmental contribution, mitigation of negative impacts, remediation, engagement and dialogue on environmental matters.

Safeguarding the environment and ecological impacts in communities. Supporting communities in improving lives. Local hiring. Local economic contribution.

Return on investment, reliable financial and production forecasts, strong governance and responsible and ethical conduct. Transparent disclosure.

Compliance, transparency, collaboration to resolve regulatory issues in ways that benefit national and local interests. Compliance with climate change initiatives. Transparent disclosure.

Fair dealing, opportunity to compete (especially diversity or minority suppliers), opportunity to engage in new developments.

Product quality, fast and reliable service, improved carbon footprint, reliability, responsiveness to needs, competitive pricing.

Meaningful work, fair compensation, ability to learn and develop, fair and ethical treatment.  A company that they can be proud to work for.  Competent leadership. Safe and empowering work culture.

Targeted engagement on specific topics, conferences, industry events

Community events, volunteering in communities

Annual meetings, dialogue with investors and research analysts  

As needed to support current and emerging regulatory requirements

Periodical meetings and discussions

Meetings, customer service surveys, professional training events

A range of internal communications channels throughout the year

Environmental organizations

Communities

Investors/ Stockholders

Regulators

Suppliers

Customers

Employees

Key expectations

Means of engagement

Primary stakeholders

GRI 102-40 List of stakeholder groups
GRI 102-42 Identifying and selecting stakeholders
GRI 102-43 Stakeholder engagement
GRI 102-44 Key topics and concerns raised

 

GRI 404-3: Performance reviews

2024

74%

74%

75%

1,650

2,312

662

Men

2,154

Total

2,930

Women

776

504

618

114

2023

93%

92%

91%

2,912

4,210

1,298

Men

3,715

Total

5,204

Women

1,489

803

944

191

97%

96%

93%

2,775

3,908

1,133

Men

3,435

Total

4,721

Women

1,286

660

813

153

% of total

Employees

Notes:

Total

Managers

2022

Performance Reviews

GRI 405-1: Diversity of governance bodies and employees

As of April 2025, SolarEdge’s Board of Directors is comprised of nine members, including two women (22% of the board members) and seven men (78%).

59%

12%

2%

25%

3%

1%

47%

16%

Men

1.3%

10%

Women

0.2%

5%

13%

7%

2023

57%

15%

0%

22%

4%

0%

48%

16%

1.8%

12%

0.3%

4%

14%

6%

58%

11%

0.5%

26%

3%

0.1%

46%

17%

Men

Men

1.1%

11%

Women

Women

Payroll employees by age

0.2%

5%

13%

7%

Non-managers

Managers (excluding executives)

No age reported

Age 30-50

Payroll employees by level

CEO and direct reports (VPs, global leaders)

Age above 50

Age below 30

2022

2024

Employees by gender, age and level

Notes:

New hire and turnover rates are calculated by dividing the number of new hires/leavers with the total employees at each year's end.

Note:
Figures regarding contingent staff include manufacturing workers in Israel and Italy, and some external consultants employed on a full-time basis in various countries.

Note:
Data represents headcount at year end

The 2024 performance review % of total employees figure has significantly decreased compared with 2022 and 2023. The main reason for the decrease is the inclusion of some of the 2024 end-of-year employees in the early 2025 restructuring of our workforce. We aim to return to higher performance review coverage levels moving forward. 

 

 

Training applies to all SolarEdge employees globally. Training data distribution by gender and employee category are not available at this time.

 

 

 

GRI 404-1: Training

7,796

4,234

26,104

5,403

1,580

1,078

35,563

255

21.3

84,276

2,263

1,368

-

Environmental Awareness training

Talent training program

-

Hours of training in 2024

5,664

12,665

20,852

822

330

2,609

38,775

6,731

-

14.9

84,121

1,036

Hours of training in 2023

-

7,575

16.3

80,171

22,866

2,096

Diversity training

3,715

Anti-harassment training

2,707

Cybersecurity training

2,388

32,094

Management training

Total training hours

Soft skills training

Average training hours per employee

Safety training

Ethics training

Professional job-specific training

Hours of training in 2022

Training category

GRI 401-1: New employee hires and turnover rates

1%

1%

0%

15%

21%

6%

26%

38%

12%

Men

3%

Total

4%

Women

2%

8%

12%

4%

New hire rates - 2023

0%

0%

0%

3%

4%

1%

9%

12%

3%

1%

1%

0%

5%

6%

1%

0%

0%

0%

13%

18%

5%

24%

34%

10%

Men

Men

2%

Total

Total

4%

Women

Women

1%

9%

13%

4%

Age not noted

age 30 - 50

All new hires

> age 50

< age 30

New hire rates - 2022

New hire rates - 2024

New hire rates

Men

Total

Women

Turnover rates - 2022

1%

1%

0%

8%

11%

3%

15%

20%

6%

Men

2%

Total

3%

Women

1%

4%

5%

1%

Turnover rates - 2023

0%

0%

0%

27%

39%

12%

45%

65%

20%

7%

11%

4%

10%

15%

4%

0%

0%

0%

9%

12%

3%

17%

22%

6%

Men

2%

Total

3%

Women

1%

6%

8%

2%

Age not noted

age 30 - 50

All ages

> age 50

< age 30

Turnover rates - 2024

Turnover

Men

Total

Women

Leavers - 2022

36

44

8

406

562

156

728

1,006

278

Men

104

Total

145

Women

41

182

255

73

Leavers - 2023

9

1

0

1,084

1,552

468

1,764

2,557

801

258

422

164

413

582

169

9

13

4

518

673

155

930

1,260

330

Men

92

Total

149

Women

57

311

425

114

Age not noted

age 30 - 50

All ages

> age 50

< age 30

Leavers - 2024

Leavers

Men

Total

Women

New hires - 2022

39

52

13

735

1,034

299

1,303

1,886

583

Men

127

Total

202

Women

75

402

598

196

New hires - 2023

0

0

0

125

176

51

344

456

112

28

39

11

191

241

50

2

2

0

714

1,017

303

1,336

1,927

591

Men

120

Total

203

Women

83

500

705

205

Age not noted

age 30 - 50

All new hires

> age 50

< age 30

New hires - 2024

New hires

GRI 102-8 Information on employees

4,926

28%

1,376

749

19%

146

Total

4,104

% Women

30%

Women

1,222

73

11%

8

2023

3,960

26%

1,031

727

20%

144

3,153

28%

877

80

13%

10

5,633

29%

1,642

804

20%

158

Total

Total

4,758

% Women

% Women

31%

Women

Women

1,474

71

14%

10

Total

Managers

Employees

CEO and direct reports (VPs, global leaders)

2022

2024

Women in workforce

3,550

4,926

1,376

275

364

89

28%

Men

836

Total

1,083

Women

247

2,439

3,479

1,040

2023

Employees by region and gender

2,929

3,960

1,031

262

351

89

26%

763

965

202

1,904

2,644

740

3,991

5,633

1,642

295

390

95

29%

Men

Men

925

Total

Total

1,209

Women

Women

284

2,771

4,034

1,263

Total

Americas

Percentage of women

Asia

EMEA

2022

2024

Men

Total

Women

2022

3,530

4,893

1,363

253

368

115

35

62

27

3,803

5,294

1,491

Men

3,550

Total

4,926

Women

1,376

3,515

4,864

1,349

2023

2,826

3,812

986

380

458

78

33

60

27

3,309

4,418

1,109

2,929

3,960

1,031

2,896

3,900

1,004

3,939

5,549

1,610

384

479

95

48

86

38

4,375

6,112

1,737

Men

3,991

Total

5,633

Women

1,642

3,943

5,547

1,604

Employees on permanent contracts

Contingent workers

Direct employees part time  

Total workforce

Total direct employees  

Direct employees full time

2024

Employees by contract

GRI Data Tables

New hire and turnover rates are calculated by dividing the number of new hires/leavers with the total employees at each year's end.

Notes:

Note: Figures regarding contingent staff include manufacturing workers in Israel and Italy, and some external consultants employed on a full-time basis in various countries.

*Slide tables to the left to see entire tables

GRI 405-1: Diversity of governance bodies and employees

GRI 404-3: Performance reviews

GRI 404-1: Training

GRI 401-1: New employee hires and turnover rates

GRI 403-10: Work-related ill health

Occupational Safety Risk Assessments have not resulted in identification of specific occupational ill-health topics. We continue to monitor this as part of our ongoing safety programs and audits.

GRI 403-9: Work-related injuries

GRI 403-8 Workers covered by an occupational health and
safety management system

GRI 403-7: Occupational health and safety impacts linked
by business relationships

GRI 403-6: Promotion of worker health

We aim to certify all current and future manufacturing and R&D sites under our operational control to relevant ISO standards for management systems in the fields of quality, environment, and safety.


Currently, 100% of the designated sites (where 67% of our total global employees work), have been certified to ISO 45001 (safety management).

We encourage employees to maintain good health and support their efforts with a range of recreational activities that help improve physical energy and reduce stress, as well as healthcare benefits. See section: Health & Safety.

SolarEdge takes a proactive approach in assuring the occupational health and safety of its employees, ensuring that we are compliant with laws and regulations while striving for safety excellence. All our global manufacturing and R&D operations are certified to ISO Occupational Health and Safety Quality Management Standard ISO 45001:2018. We conduct regular risk assessments and incident investigation in line with ISO requirements. In our manufacturing and R&D sites, employees regularly participate in safety activities and in defining safety programs, requirements and measures. The majority of our global workforce undergo annual mandatory safety training. The remainder of the workforce receive periodic safety training, in accordance with local regulations. In addition, specialized safety training is conducted for those in relevant or high-safety-risk roles. Only a minority of SolarEdge sites provide occupational health services onsite. However, in the event of a safety incident or need for medical consultation, Safety Officers are trained to provide the appropriate responses to ensure that any needed medical attention is provided. 

GRI 403-1: Occupational health and safety management system
GRI 403-2: Hazard identification, risk assessment, and incident investigation
GRI 403-3: Occupational health services
GRI 403-4: Worker consultation on occupational health and safety
GRI 403-5: Worker training on occupational health and safety

 

GRI 303-3: Water withdrawal  
GRI 303-4: Water discharge
GRI 303-5: Water consumption

 

VOCs, PM and NMHC emissions were measured and reported from 2023 and onwards. The above reported emissions are measured and reported in accordance with local regulations and relevant for the manufacturing sites we own in Israel, South Korea and Italy.  Emissions that do not require monitoring by local regulations (for example: SOx and HAP) are not measured and are considered negligible.

Due to the minor measured amounts of the emissions reported above, we do not consider these air emissions to hold a material environmental impact in relation to our activities. For that reason, we have not set reduction targets for these emissions.

Note:

GRI 305-7: Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions

 

The Scope 3 emissions reported above only relate to the electricity used by our contract manufacturers for producing SolarEdge products. These emissions form a part (but not all) of our Category 1 Purchased Goods and Services. Due to the complexity of our Scope 3 emissions inventory, we could not complete its 2024 analysis by the time of publication of this report. We aim to complete these calculations and include them in our upcoming annual CDP report. The full 2023 Scope 3 GHG inventory can be found in our previous CDP report.

The reported Scope 3 emissions have decreased significantly in 2024. The lower demands experienced in 2024 have resulted in significantly lower production levels of our products, at contract manufacturer and in general.

Note:

GRI 305-3: Other indirect (Scope 3) GHG emissions

 

Note:

GHG emissions related to fuel and natural gas were calculated using DEFRA 2024 conversion factors.

GHG emissions related to electricity were calculated using IEA 2022 and AIB European Residual Mix 2023 conversion factors, except for Israel (IEC- Israel Electric Corporation, 2023), U.S. (eGrid 2023 factors for subregions WECC California, ERCOT All, WECC Northwest, and FRCC All) and supplier specific factors when available.

GHG gas emissions include carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O).

Refrigerant gas (HCFC) emissions formed only 1.3% (102 tonnes CO2e) of the total Scope 1 emissions in 2024, with almost all (98.7%) of Scope 1 emissions still related to fuel consumption.

Scope 2 emissions are reported using a market-based method. Solar PV generated power is reported with zero related emissions.

The 2024 decrease in electricity and natural gas consumption, and the related decrease in Scope 1 and 2 emissions, are attributed to significantly decreased production levels in the Sella 2 site in Korea.

In contrast, the 2024 increase in emission intensity is mostly related to the significant decrease in our revenues in 2024, compared with 2023.

GRI 102-41 Collective bargaining agreements

Approximately 150 employees based in Italy and Japan are employed through collective bargaining agreements, representing 4% of our total global company workforce. The remaining (96%) of our employees are employed with individual contracts.

GRI 102-40 List of stakeholder groups
GRI 102-42 Identifying and selecting stakeholders
GRI 102-43 Stakeholder engagement
GRI 102-44 Key topics and concerns raised

 

GRI 302-1: Energy consumption within the organization
GRI 302-3: Energy intensity

 

GRI 305-1: Direct (Scope 1) GHG emissions
GRI 305-2: Energy indirect (Scope 2) GHG emissions
GRI 305-4: GHG emissions intensity

 

Note:

Over 98% of water used at SolarEdge operated sites is withdrawn from municipal water supplies. The remaining <2% is constituted of bottled water consumed at two of our sites.

The discharge of sanitary and kitchen water from our office locations is not currently measured and is therefore excluded from the water discharge figure above.

Water consumption in the table above is calculated by subtracting the annual water discharge from the water withdrawal and excludes internally recycled water.

Water consumption reported for contract manufacturer sites, was specifically used in the production of SolarEdge products.

The significant decrease in water withdrawals in 2024 is related to the significantly lowered production levels, both in SolarEdge owned sites and in contractor manufacturer sites.

In contrast, the 2024 increase in water consumption intensity is mostly related to the significant decrease in our revenues in 2024, compared with 2023.

The vast majority of the water discharged by SolarEdge at 2022-24 is attributed to the production at the Sella 2 site. Here, water is mainly used in cooling processes and has no contact with the site’s chemical process. There is a minor amount of anti-corrosion material added to the water. This cooling water is discharged to a local wastewater treatment facility, which discharges the same water to the local river post-treatment. Since the same amount of water is returned to the source river with negligible effects on water quality, we consider Sella 2 water usage to have minor environmental impact. Due to the minimal environmental impact of the wastewater reported above, we do not consider water pollutants in wastewater as material in relation to our activities. For that reason, we have not set reduction targets.

For the sake of disclosure in this report, the terms ‘water recycling’ and ‘water reusage’ are used interchangeably. See the ‘Water efficiency’ section for details on how water is being recycled/reused at some of our sites

GRI 306-3: Waste generated
GRI 306-4: Waste diverted from disposal
GRI 306-5: Waste directed to disposal

 

Hazardous waste quantities have decreased in 2024 mainly due to decreased production levels at the Sella 2 site in Korea.

Waste ‘diverted from disposal’ includes all types of recycled waste, while waste ‘diverted and recovered’ adds wastes incinerated with energy recovery, to all recycled wastes.

Note:

TRIR and LTIR rates are calculated using the 200,000-multiplication factor, which represents the total number of hours 100 employees would work in a year (100 workers x 40 hours x 50 weeks).

SolarEdge working hours are based on actual hours worked for all employees where available, representing around half of our total workforce. For the remaining employees, best estimates were used, based on average hours worked in the locations measured.

Coverage includes all company employees based in all operational facilities and marketing and sales offices around the world. Contractor employee incidents are tracked and reported for the same global boundaries. The reported safety incidents include all on-site incidents and job-related traffic incidents. 

TRIR and LTIR rates exclude contractor employees and include only company employees, due to data limitations regarding the work hours of our contractor employees. Nevertheless, we monitor and report all safety incidents related to our contractor employees, provide them with needed safety training and equipment, and act to prevent any risk to their personal health and safety.

See section: Health & Safety for an explanation on the decrease in TRIR and LTIR rates in 2024, compared with 2023.

 

 

 

Notes:

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Training applies to all SolarEdge employees globally. Training data distribution by gender and employee category are not available at this time.

 

 

 

GRI 412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

Our Supplier Code of Conduct includes detailed requirements regarding various ESG fields, including ethics, environmental protection, safety, responsible upstream sourcing, and the protection of human rights. To date, more than 200 active suppliers have signed their acknowledgment of our Supplier Code of Conduct or presented equivalent codes of their own.; 10 of these active supplier sites (including five of our current and formerly used contract manufacturer sites) have undergone related on-site audits. To date, we have not found evidence indicating that further screening of suppliers based on human rights risk is required.

Note: Data represents headcount at year end

GRI 102-8 Information on employees

GRI Data Tables

Sustainability Report 2024 /