On Thursday, Samsung announced a comprehensive environmental strategy to achieve net zero carbon emissions by 2050.
The company’s Device Experience (DX) division, the consumer electronics division that makes smartphones, TVs and other devices, will hit its target by 2030. Ultimately, Samsung said it’s set to hit the target by 2030. target to achieve net-zero carbon emissions across all global operations including the Devices Solutions Division (DS), the company’s computer chip semiconductor division, by 2050.
By achieving net zero carbon emissions from direct and indirect sources, Samsung says it will reduce carbon dioxide equivalent emissions by 17 million tons, or emissions by 2021.
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The South Korean tech giant said it will spend 7 trillion won on environmental initiatives, excluding the cost of expanding renewable energy use, by 2030. Some of these initiatives including reducing process emissions, saving water, collecting e-waste and reducing pollutants, the company said.
Specifically, it will install processing facilities on its semiconductor production lines, or fabs, by 2030 to significantly reduce the amount of gas in the process. Samsung says that the level of water withdrawal of the fabs in 2030 will also be maintained to the level of 2021. Going forward, the chip division will adopt new technologies to remove air and water pollutants during the process. production process and treat them before being discharged to have no impact on the environment from 2040 onwards.
Meanwhile, the 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 meet the electricity needs of all markets in which it operates outside Korea with renewable energy sources by entering into purchase and sale agreements. electricity, buy energy certificates and participate in green price 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 Commonwealth of Nations. independent family.
Samsung said the company has combined the use of electric power with renewable energy in the US, China and Europe and will seek to expand power purchase agreements for renewable energy in these three markets.
New ultra-low power memory chips are also in the works and will significantly reduce power consumption. June Wan / ZDNET
The South Korean tech giant said it also plans to make its products more energy efficient and use less electricity. It plans to reduce power consumption by an average of 30% by 2030 compared to 2019 in key products in seven product categories: smartphones, refrigerators, movie players, Acs, TVs, monitors picture and PC.
Samsung will also set mid- to long-term reduction targets for its product value chain. The company said it will also step up efforts to improve the resource mobility of products throughout their entire lifecycle, from raw material sourcing to disposal to recycling.
It has established a new laboratory called the Circular Economy Laboratory, a unit that will conduct research into technologies related to recycling and resource extraction. Another research lab, within Samsung’s cutting-edge research unit, the Samsung Advanced Institute of Technology, known as the Carbon Capture Research Institute, established last September, will develop capture and storage technologies. use carbon for semiconductor industries to turn stored carbon into a common resource. These technologies will be applied starting in 2030.
In addition, a system to facilitate the reuse of minerals mined from collected waste batteries will be introduced by 2030, Samsung said. Also this year, the company will have 50% of the plastics used in its products being recycled, while by 2050, 100% of the company’s plastics will combine them. Samsung ran such a program for mobile phones to reuse discarded fishing nets.
For accountability, Samsung will have designated organizations verified by designated company committees consisting of third-party experts. A board chaired by the CEO and a sustainability committee composed of external directors will oversee progress toward its goals.
