Samsung Electronics aims to achieve carbon neutrality by 2050
SEOUL, Sept. 15– Samsung Electronics, South Korea’s tech giant, said on Thursday that it aimed to achieve its carbon neutrality by 2050 to join global efforts to tackle climate change. “Samsung is responding to the threat of climate change with a comprehensive plan that includes reducing emissions, new sustainability practices and the development of innovative…
SEOUL, Sept. 15 (Xinhua) — Samsung Electronics, South Korea’s tech giant, said on Thursday that it aimed to achieve its carbon neutrality by 2050 to join global efforts to tackle climate change.
Samsung, one of the world’s largest manufacturers of semiconductors and electronic devices, said in a statement that it planned to achieve net zero direct and indirect carbon emissions by 2050.
To achieve the goal, Samsung said it joined RE100, a global corporate initiative dedicated to pursuing 100 percent renewable energy, noting that it aimed to match electric power needs with renewable energy by 2050 for all global operations.
“Samsung is responding to the threat of climate change with a comprehensive plan that includes reducing emissions, new sustainability practices and the development of innovative technologies and products that are better for our planet,” said Han Jong-hee, vice chairman and chief executive at Samsung Electronics.
Samsung said it will invest in and research new technologies to develop energy-efficient products, increase water reuse and develop carbon capture technology.
It added that it will invest over 7 trillion won (5 billion U.S. dollars) in its environmental initiatives by 2030, including for reducing process gases, conserving water, expanding electronic waste collection, and lowering pollutants. Enditem