Samsung pledges to achieve net-zero carbon emissions by 2050

As the whole society pays more and more attention to environmental protection, many companies have begun to implement environmental protection policies. On August 26, Apple CEO Tim Cook said in an interview with Popular Mechanics that Apple's long-term goal is to not consume any resources on the planet to make products. Today, Samsung announced a new environmental plan.

Samsung said it will join the RE100 global initiative, which is expected to make all overseas factories run on renewable electricity within five years. Among them, the electricity matching target for Southwest Asia and Vietnam is 2022, Central America and Latin America is 2025, and Southeast Asia, the Commonwealth of the Independent States, and Africa are 2027. Samsung Electronics plans to expand renewable energy power purchase agreements (PPAs) in regions such as the U.S., China, and Europe that already use renewable energy.

At the same time, Samsung has pledged to achieve net-zero carbon emissions by 2050. To achieve this, Samsung will invest heavily in innovative technologies for processing facilities that reduce carbon emissions and install processing facilities on its semiconductor production lines by 2030. In addition, Samsung will continue to expand waste heat utilization facilities and consider introducing electric heat sources to reduce the use of LNG boilers.

The RE100 initiative is an environmental protection initiative jointly launched by the international non-profit organization "The Climate Group" and the international non-profit organization "Carbon Disclosure Project". Currently, Apple, Google, Microsoft, TSMC, Sony and other companies have joined the initiative. With the addition of Samsung, the four major chaebol groups in South Korea (the other three are LG, Hyundai, and SK) have all joined the initiative.

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