Samsung on Thursday announced a comprehensive environmental strategy to reach net zero emissions by 2050.
The company’s Device Experience (DX) division, the consumer electronics division that makes smartphones, televisions and other gadgets, aims to reach the target by 2030. Ultimately, Samsung said it aims to reach net zero carbon emissions across all of its global operations including That includes Device Solutions (DS), the company’s semiconductor division that makes computer chips, by 2050.
By reaching net zero carbon emissions from direct and indirect sources, Samsung said it will reduce CO2-equivalent emissions by 17 million tons, the amount it emits in 2021.
The South Korean tech giant said it will allocate 7 trillion won in its environmental initiatives, excluding the cost of expanding the use of renewable energy, by 2030. Some of these initiatives include reducing process gas emissions, conserving water, collecting e-waste and reducing pollutants, she said. company.
Specifically, it will install processing facilities on semiconductor manufacturing lines, or semiconductor manufacturing plants, by 2030 to significantly reduce process gases. Samsung said that water withdrawal levels from the fab will also be maintained in 2030 to 2021 levels. From now on, the chip division will apply new technologies that remove air and water pollutants during production and treat them before they are discharged so that they have no environmental impact from 2040. onwards.
Meanwhile, the South Korean tech giant also said it has joined RE100, a global initiative dedicated to the pursuit of 100% renewable energy. As part of the commitment, within five years, it will match the electric power needs of all markets operating outside Korea with renewables by entering into power purchase agreements, purchasing energy certificates, and participating in green pricing programs.
Samsung has set specific target dates for each region in its plan: 2022 for Southwest Asia and Vietnam, 2025 for Central and Latin America, and 2027 for Southeast Asia, Africa and the CIS.
Samsung said the company has already matched electric power use with renewable energy in the United States, China and Europe, and will seek to expand renewable power purchase agreements in the three markets.