Samsung has made a commitment to achieve company-wide net zero carbon emissions by 2050 and will spend KRW 7 trillion (US$5 billion) over the next seven and a half years to make that happen. While its plans likely won’t be as aggressive as Microsoft’s, which has previously promised to be carbon negative by the end of the decade, it intends to roll out changes soon so that its Device eXperience (DX) Division produces net zero carbon for 2030.

Samsung’s DX division encompasses its consumer electronics businesses, including its mobile device and display manufacturing operations, and was only responsible for 10 percent of its greenhouse gas emissions in 2021. Meanwhile, the company’s chips and components business, which often makes the most money, was responsible for 90 percent of the 17.4 million tons of gases greenhouse effect that it emitted last year.

Clearly, there is a lot of work to be done to make your chip manufacturing business net zero. One of the things the company plans to do is develop technologies that can significantly reduce the gas byproducts of semiconductor manufacturing. Samsung also plans to install treatment facilities at its chip manufacturing plants. Additionally, the company will develop carbon capture and utilization technologies that can harness carbon emissions from its semiconductor facilities, store them, and then convert them into a usable source.

The tech giant has joined RE100, the global initiative for companies that also want to use renewable energy to power their operations. It will start by running the DX division and all operations outside of its home country with renewable energy within the next five years before meeting 100 percent of all its power needs worldwide with renewable energy by 2050. Samsung has also detailed other environmental plans in its announcement, including its commitment to promote water reuse and expand its e-waste collection initiative to 180 countries out of 50.

A spokesman for one of its shareholders said Reuters that Samsung had taken so long to make a clear commitment to reduce carbon emissions became a growing concern among long-term investors. Kim Soo-jin, head of Samsung’s ESG strategy group, explained, “We are a direct manufacturing company… so there are several layered challenges. In the end, we are a technology company… So we will contribute positively.” to climate change through technological development. Since we are a large company and our products are widely used, we will have an impact through scale.”

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