Samsung Electronics says it’s shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by 2050. That's a challenging goal experts say could be hampered by South Korea’s own modest climate change commitments.
“Samsung is responding to the threats 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,” Jong-Hee Han, the company’s CEO, said in an emailed statement.
But APG also expressed concern that Samsung’s announcement comes at a time when South Korea has been dialing back on its climate change goals. Samsung acknowledged it would have a harder time converting to renewable electricity sources at home than at its foreign operations, where it aims to get to 100% clean energy by 2027. It said renewable energy supplies in South Korea “have begun to expand but remain limited,” while its electricity needs continue to rise as it boosts production at its domestic semiconductor lines to meet global demands.
Samsung is the crown jewel of an export-reliant economy driven by manufacturing of semiconductors, cars, display panels, mobile phones and ships, industries that tend to have high energy consumption.Samsung used 25.8 terawatt hours of electricity for its operations last year, which was nearly twice the amount consumed by all households in the South Korean capital of Seoul and more than other global technology giants like Google, Apple, Meta, Intel, and Taiwan Semiconductor Manufacturing Company.
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