Samsung targets 100% renewable energy for USA, Europe and China
June 19, 2018
Samsung Electronics plans to source renewable energy for 100% of the energy used for all its factories, office buildings and operational facilities in the USA, Europe and China by 2020.
The South Korean company said it was committed to building on its strong progress of energy efficiency and operational emissions reductions to expand the use of renewable energy in its operations. Its renewable energy goals are part of its on-going efforts to demonstrate its commitment to environmental responsibility.
Samsung is making a concerted effort in the USA, Europe and China – markets that are well equipped with infrastructure for the development and transmission of renewable energy – to increase its use of renewable energy. In the medium to long term, the company will seek to increase its use of renewable energy around the world.
In line with this commitment, Samsung has joined the World Wildlife Fund’s (WWF’s) Renewable Energy Buyers’ Principles and the Rocky Mountain Institute’s Business Renewables Center.
“We welcome Samsung Electronics’ declaration to expand the roll-out of renewable energy across its global sites,” said Jochem Verberne, global partnerships director at WWF. “This is an important step and we look forward to working with Samsung on further measures to reduce the company’s climate impact across its value chains.”
In Korea, Samsung supports the government’s national strategic plan to increase the country’s renewable energy use by 20% by 2030. Beginning this year, as an initial commitment, Samsung will install approximately 42,000m2 of solar panels in Samsung Digital City, its headquarters in Suwon (pictured). The company will continue to add approximately 21,000m2 of solar arrays and geothermal power generation facilities beginning 2019 in its Pyeongtaek campus and 2020 in its Hwaseong campus.
With these efforts in place, the company says it can increase its use of renewable energy globally to match the equivalent amount of energy created by an average 3.1GW solar power plant by 2020. This amount of electricity is comparable to the annual energy consumption of about 115,000 four-person Korean households.
“Samsung Electronics is fulfilling its duty as a corporate citizen by expanding and supporting the use of renewable energy,” said Won Kyong Kim, executive vice president of Samsung Electronics. “As demonstrated by our expanded commitment, we are focused on protecting our planet and are doing our part as a global environmental steward.”
As part of its extended strategy, Samsung will also engage its partners across the supply chain. Beginning next year, Samsung plans to work with its top 100 partner companies to help them set their own renewable energy targets, in partnership with the Carbon Disclosure Project supply chain programme, which the company intends to join next year.