Samsung vows to produce net zero carbon emissions by 2050

Samsung has made a commitment to achieve net zero carbon emissions for the whole company 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 are likely not as aggressive as Microsoft’s, which previously promised to be carbon negative by the end of the decade, it intends to implement changes soon so that its Device eXperience (DX) Division is producing net zero carbon by 2030. 

Samsung’s DX division encompasses its consumer electronics businesses, including its mobile and display manufacturing operations, and was only responsible for 10 percent of its greenhouse gas emissions in 2021. Meanwhile, the company’s chip and components business, which is often is biggest moneymaker, was responsible for 90 percent of the 17.4 million tons of greenhouses gases it emitted last year. 

Clearly, there’s a lot of work to be done for its chipmaking business to be 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-making plants. In addition, the company will develop carbon capture and utilization technologies that …read more