Enphase Energy·Electrical Equipment / Lighting·Fremont, California, US·Founded 2006·Last verified 31 May 2026
44
out of 100
Below expectationsPending Review

Enphase Energy has published consistent ESG reporting aligned with major frameworks, but its decarbonisation commitments are weak. Scope 3 supply chain emissions lack full disclosure, targets are intensity-based rather than absolute, and the company has no SBTi validation. Critical gaps exist in biodiversity, water, and circular economy reporting.

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Electrical Equipment / Lighting sector ceiling.
45 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
43 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 45) + (0.7 × 43) = 43.6
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 1
Final score
Rounded. Below expectations.
44 / 100
The ten questions

Where Enphase Energy is strong, and where it isn't.

Strongest on Controversies & Red Flags and Carbon Footprint — Operations (7/10, 6/10). Weakest on Targets & Commitments and Water Impact (2/10, 2/10).

Where the evidence comes from

Every document used, listed.

8 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported
Enphase Energy ESG Report 2024
2024
Q2Q4Q9
View →
[2]Self-reported
Enphase Energy Sustainability Page
Ongoing
Q1Q5Q6Q7
View →
[3]Third-party verified
DitchCarbon — Enphase Energy Profile
Unknown
Q1Q2Q3Q8
View →
[4]Third-party verified
Power Technology — Enphase Energy Net Zero Targets
Unknown
Q1Q8
View →
[5]Third-party verified
EnergyMonitor — Enphase Energy Net Zero Targets
Unknown
Q3Q6Q8Q9
View →
[6]Third-party verified
MarketScreener — Enphase Energy ESG Report 2024 Page 20
2024
Q3Q4
View →
[7]Public record
PR Newswire — Enphase Energy Securities Fraud Lawsuit Announcement
2025
Q10
View →
[8]Public record
KTMC — Enphase Energy Class Action Cases
Unknown
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Enphase Energy in context

Where Enphase Energy sits among electrical equipment / lighting peers.

Among the 9 major electrical equipment / lighting brands we've scored, Enphase Energy sits 4th of 9.

4/9
Enphase Energy's rank
43
Industry average
30
Industry low
56
Industry high
How this score has moved

Enphase Energy's score over time.

today

Score history begins 5 April 2026.

As Enphase Energy's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Enphase Energy

Enphase Energy designs and manufactures microinverters and battery systems for distributed solar and storage. Founded in 2006 and headquartered in Fremont, California, it operates an asset-light model using contract manufacturers globally. The company is a leading player in residential and commercial solar energy systems.

Founded
2006
Headquarters
Fremont, California, US
Employees
~2,872
Annual revenue
~$1.33B
Company website ↗
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