Samsung plans to invest $5 billion to achieve zero carbon emissions by 2050

Approximately $5 billion, or KRW 7 trillion, is being invested by Samsung in a new environmental strategy to eliminate all carbon emissions from the company’s chip and electronic product production by the year 2050.

The company’s blueprint to achieve its environmental goal includes making energy-efficient products, developing innovative technologies, and using clean air technology. To get to net zero carbon by 2030, however, Samsung plans to implement these changes in its Device eXperience (DX) division sooner. DX is the company’s division dedicated to making electronics for the general public, such as cell phones, televisions, and computers.

Samsung is already moving in that direction, albeit tentatively. Many of the top Samsung phones, such as the Samsung Galaxy S22 line, were made with recycled materials that were previously destined for the ocean. Recycled fishing nets were also used in the production of the company’s Galaxy Z Fold 4, Z Flip 4, and Buds 2 Pro products. In the future, these components will be integrated into the company’s entire product offering.

According to Samsung, its DX division produced 17 million metric tonnes of CO2 equivalent in 2017.

“The climate crisis is one of the greatest challenges of our time. The consequences of inaction are unimaginable and require the contribution of every one of us, including businesses and governments,” Jong-Hee Han, vice chairman and CEO of Samsung Electronics, said in a statement (opens in new tab). “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.”

The new environmental strategy that Samsung is investing KRW 7 trillion ($5 billion) into aims to make the production of its chips and electronic products more sustainable and to achieve net zero carbon emissions by 2050.

Manufacturing energy-efficient products, creating ground-breaking technologies, and implementing clean air technology are all part of the company’s plan to achieve its environmental goal. To reach its goal of net zero carbon emissions by 2030, Samsung plans to accelerate the rollout of these innovations in its Device eXperience (DX) division. The company’s DX division manufactures consumer electronics like smartphones, TVs, and computers.

Samsung has begun to move in that direction. Many of the top Samsung phones, such as the Samsung Galaxy S22 line, were made using recycled materials that were previously destined for the ocean. The company also used recycled fishing nets in the construction of the Galaxy Z Fold 4, Z Flip 4, and Buds 2 Pro. The future of the company’s entire product line depends on these components.

Last year, Samsung’s DX division was responsible for 17 million metric tonnes of carbon dioxide equivalent emissions.

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