Sam­sung goes for re­new­able en­ergy

The Korea Times - - BUSINESS - By Baek Byung-yeul baekby@ko­re­atimes.co.kr

Sam­sung Elec­tron­ics said Thurs­day it has de­cided to ex­pand the use of re­new­able en­ergy in its op­er­a­tions to im­prove en­ergy ef­fi­ciency and re­duce emis­sions.

The tech gi­ant said it will in­stall an ad­di­tional 63,000 square-me­ters of so­lar pan­els at its clus­ters in Su­won, Hwaseong and Pyeong­taek in Gyeonggi Prov­ince. The com­pany said the ini­tia­tive is in line with the govern­ment’s plan to in­crease the coun­try’s re­new­able en­ergy use by 20 per­cent by 2030.

Sam­sung is also ex­pand­ing its use of re­new­able en­ergy in the global marketplace. In the United States, Euro­pean coun­tries and China, Sam­sung said it plans to com­mit to 100 per­cent re­new­able en­ergy by 2020.

Over­all, Sam­sung’s re­new­able en­ergy use will match the equivalent amount of en­ergy cre­ated by an av­er­age 3.1 gi­gawatt so­lar power plant, enough to power about 115,000 homes in Korea for a year.

The com­pany said the plan is pos­si­ble as the places are well-equipped with in­fra­struc­ture for the de­vel­op­ment and trans­mis­sion of re­new­able en­ergy. In the medium to long-term, Sam­sung plans to seek to fur­ther in­crease its use of re­new­able en­ergy across the world, the com­pany added.

In line with this com­mit­ment, Sam­sung said it joined the World Wildlife Fund’s (WWF) Re­new­able En­ergy Buy­ers’ Prin­ci­ples and the Rocky Moun­tain In­sti­tute’s Busi­ness Re­new­ables Cen­ter.

Sam­sung said its de­ci­sion is to show its strong com­mit­ment to en­vi­ron­men­tal pro­tec­tion. “Sam­sung Elec­tron­ics is ful­fill­ing its duty as a cor­po­rate cit­i­zen by ex­pand­ing and sup­port­ing the use of re­new­able en­ergy. As demon­strated by our ex­panded com­mit­ment, we are fo­cused on protecting our planet and are do­ing our part as a global en­vi­ron­men­tal ste­ward,” Kim Won-ky­ong, ex­ec­u­tive vice pres­i­dent and head of global public af­fairs of Sam­sung said.

Non-gov­ern­men­tal en­vi­ron­men­tal or­ga­ni­za­tions wel­comed Sam­sung’s ini­tia­tive.

“We wel­come Sam­sung Elec­tron­ics’ dec­la­ra­tion to ex­pand the roll-out of re­new­able en­ergy across its global sites,” Jochem Ver­berne, global part­ner­ships di­rec­tor at the WWF said. “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.”

Green­peace also said Sam­sung’s de­ci­sion to adopt re­new­able en­ergy will send a pos­i­tive mes­sage to in­dus­tries.

“This com­mit­ment could have an enor­mous im­pact in re­duc­ing the com­pany’s mas­sive global man­u­fac­tur­ing foot­print, and shows how crit­i­cal in­dus­try par­tic­i­pa­tion is in re­duc­ing emis­sions and ac­cel­er­at­ing the tran­si­tion to re­new­able en­ergy,” Green­peace cam­paigner Lee In-sung said in a state­ment. “More com­pa­nies should fol­low suit and set re­new­able en­ergy tar­gets.”

Cour­tesy of Sam­sung Elec­tron­ics

Rooftop so­lar pan­els are seen at Sam­sung Elec­tron­ics’ head­quar­ters in Su­won, Gyeonggi Prov­ince. The com­pany said Thurs­day it will ex­pand the use of re­new­able en­ergy in its op­er­a­tions.

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