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  • https://mobiletony.com - Samsung will increase its greenhouse gas emissions in 2020, contrary to the company's environmental claims

    Samsung will increase its greenhouse gas emissions in 2020, contrary to the company's environmental claims
    15 Days, 3 Hours ago


    Tags:  Samsung

    Samsung's latest annual sustainability report shows that the company has increased its greenhouse gas emissions in 2020 compared to the previous year. According to the report, Samsung produced 3.2 tons of CO2 per 100 million ounces in 2020, which is 5% more than the previous year. A sustainability report is a report that some companies publish voluntarily, describing the performance of their collection in three areas: economy, environment and society. Increasing greenhouse gas emissions and slowing down the use of fossil fuels are among the issues that call into question Samsung's claims to social responsibility.

     Samsung will increase its greenhouse gas emissions in 2020, contrary to the company's environmental claims

    These criticisms against Samsung come at a time when companies' activities in the face of climate change have been severely under the microscope. And has raised concerns that these companies may be plagued by the "greens" phenomenon; That is, they exaggerate in expressing their environmental commitments and achievements. "Everyone has ESG (environmental, social and corporate governance) plans, everyone is talking ... but we are real change," said Youn Sejong, director of Solutions for Our Climate, a Seoul-based NGO. And we do not see anything tangible.

    According to a recent report, the reason for the increase in Samsung greenhouse gas emissions is the expansion of the company's semiconductor production line operations and the increase in the output of these products. Not bad to know that Samsung was supposed to reduce CO2 production in 2020 to 1.55 tons per 100 million ounces of revenue, according to its previous target. If this were to happen, Samsung could achieve a 70% reduction compared to 5.17 tonnes of CO2 per 100 million ounces of revenue in 2008.

     Samsung will increase its greenhouse gas emissions in 2020, contrary to the company's environmental claims Samsung greenhouse gas emissions from 2018 to 2020 (emissions per 1000 tons)

    https://mobiletony.com Samsung will increase its greenhouse gas emissions in 2020, contrary to the company's environmental claims

    However, according to some sources, despite Samsung's precise targets for the use of renewable energy in these two countries, no specific timeframe has been announced for achieving these goals, and this shows that, at least in the short term, significant progress is not expected. It goes without saying that environmental activists believe that given the company's political influence, Samsung should put pressure on governments to access renewable energy. Not bad to know, Samsung is the largest employer of the company in Korea and Vietnam and has the largest share in the GDP of these two countries.

    The role of governments in implementing renewable energy policies is so important that Yun Sehjong, in the case of South Korea's failure to implement energy change projects, has pointed the finger of blame at the state-owned electricity company KEPCO and ministries for years. They have resisted changes in the energy market. It should be noted that currently only 5% of Korea's energy comes from renewable sources, but new laws are in place that make it possible to enter into direct contracts to purchase energy. It goes without saying that Samsung-affiliated companies, along with companies such as Hyundai, KEPCO and some other Korean companies and financial institutions, have been at the forefront of developing coal-fired energy in Vietnam for many years.

    Another point mentioned in the recent sustainability report is that Samsung's e-waste collection in 2020 has increased by 30,000 tons compared to 2019 to 510,000 tons. Samsung also claimed that during 2020, it has managed to reduce its average water consumption to 4,953 tons per day, during which time it will treat and reuse about 70,181 thousand tons of polluted water compared to 2019. It was accompanied by a 1.2% increase. Of course, Samsung has now refused to disclose the amount of water it consumes daily.





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