Samsung Renewable Energy
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Its goal is completely green office buildings, factories and production facilities in the United States, Europe and China.
Samsung Renewable Energy
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Samsung Is Aiming To Rely Solely On Renewable Energy By 2020
Samsung, the Korean electronics giant, said on Thursday that it has committed to converting its existing facilities, offices and factories in the US, Europe and China to 100% renewable energy within two years.
In Korea, the company is preparing to turn its headquarters in the Digital City into a solar paradise by installing 42,000 square meters of panels on its premises. That’s about six football fields worth of solar energy.
In addition, it will install solar panels and generate geothermal energy at the Pyeongtaek and Hwaseong campuses by 2020.
“As evidenced by our expanded commitment, we are focused on protecting our planet and fulfilling our role as a global environmental steward,” said Executive Vice President Won Kyong Kim.
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Samsung will also reach out to its supply chain partners, working with 100 leading companies to help it set and achieve its own renewable energy goals. It also plans to join the Carbon Disclosure Project’s supply chain program next year, which helps companies monitor and manage their environmental impact.
In April, rival smartphone giant Apple said that all of its factories, retail stores, offices and data centers around the world now run on 100% renewable energy. This seems like a bit of a setback for Samsung, and comes shortly after Apple really stepped up its climate change ad campaign and the production of phones with 100% renewable energy.
More information on Samsung’s renewable energy plans can be expected on June 15 when the Electronics Sustainability Report 2018 is released. All of Samsung’s facilities in the United States, including manufacturing and distribution facilities, use renewable energy. Here’s how it works:
Today, the Samsung family has more than 20,000 employees in 46 countries with six major subsidiaries in California, New Jersey, South Carolina and Texas.
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The business lines of all our properties can be very different from each other, with different requirements for each building. For example, operating our offices at the Samsung Electronics America headquarters in New Jersey is very different from operating our Samsung Semiconductor plant in Texas or our Samsung Home Appliances plant in South Carolina.
All of our Samsung facilities in the US use 100% renewable energy. Currently, our 100% renewable energy comes from sources such as wind, solar, biomass and Green-e® certified Renewable Energy Certificates (RECs).
Since 2018, when we committed to converting all our energy to renewable sources, our subsidiaries in the United States have not only introduced wind energy as an energy source, but also installed solar capacity together, processed biomass and purchased Renewable Energy Certificates (RECs) with Green e® certification . .
For example, in 2019, our Samsung Austin Semiconductor manufacturing facility installed 75 megawatts (MW) of renewable energy generated by a new large wind farm. Our Samsung Semiconductor US headquarters in San Jose also generates electricity with a rooftop solar array. In 2020, these solar cells produced 692,569 kilowatts (kWh) of energy.
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Our goal is to obtain 100% renewable energy from new local sources by the beginning of 2024. Jason Maas, director of electrical engineering at Samsung Austin Semiconductor
Our Samsung subsidiaries in the US also purchase Green-e® Certified Renewable Energy Certificates (RECs). Green-e® certified renewable energy meets the highest standards in North America: it must be produced in new facilities that meet strict environmental quality standards, sold with complete transparency and accuracy and delivered to a single customer under a single ownership. To simplify why this is necessary, energy does not know where it comes from after it has been delivered to the larger shared grid, so Green-e® certified RECs are an important and reliable way to get more renewable energy by ensuring that the amount of energy consumed by the company was also purchased from a certified renewable source and that it was not counted twice. Of course, the point is to eventually make the energy market itself 100% renewable, so that RES is unnecessary.
Samsung Electronics is an excellent example for other organizations to reduce greenhouse gas emissions by investing in and using green energy. Program Manager James Critchfield, EPA Green Power Partnership
“Samsung Austin Semiconductor has been investing in green energy since 2000*. We first purchased Green-e certified RECs from local renewable sources to reach our 100% renewable goal. However, our real mission is to work with developers to add new, large-scale renewable energy to the Texas ERCOT grid to fully offset our load. Our goal is to have 100 percent renewable energy from new local sources by early 2024,” says Jason Maas, director of electrical engineering at Samsung Austin Semiconductor.
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Our close partnership with the US Environmental Protection Agency (EPA) and the Renewable Energy Buyers Association (REBA) helps us do this.
“EPA applauds Samsung Electronics for its leadership in the green energy market,” said James Critchfield, EPA Green Power Partnership Program Manager. “Samsung Electronics is an excellent example for other organizations to reduce greenhouse gas emissions by investing in and using green energy.”
This transition to renewable energy across all our business lines is exciting and means we can support our customers’ net-zero energy goals and their desire to buy products that are produced in an environmentally friendly way. Mark Newton, Head of Sustainability at Samsung Electronics America
Samsung is also part of the Renewable Energy Buyers Alliance (REBA), which was founded by the Rocky Mountain Institute (RMI), World Wildlife Fund (WWF), World Resources Institute (RMI) and Business for Social Responsibility (BSR). The Renewable Energy Buyers Alliance is a membership association of major energy buyers seeking renewable energy in the United States. They include over 200 stakeholders from the commercial and industrial sectors, non-profit organizations and energy suppliers.
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We are proud to have achieved 100% renewable energy at all of our US facilities, but there are always ways for us to improve.
“We will continue to diversify our investments here in the United States, prioritize the creation of additional grid capacity for renewable electricity and support Samsung’s other subsidiaries worldwide in their renewable energy strategies,” said Mark Newton, Head of Corporate Sustainability at Samsung. . electronic. America. “This transition to renewable energy across all our business lines is exciting and means we can support our customers’ net zero goals and their desire to buy products that are sustainably produced.”
* Since 2000, Samsung Austin Semiconductor has invested in renewable energy sources through the Austin Energy Green Choice program.
Thank you! You have been sent an email with a confirmation link. Click the link to start your subscription. A flag with the Samsung logo flies in front of the company’s office building in Seoul, South Korea on October 25, 2020. /Kim Hong-Ji/File photo
Samsung Elec To Join Renewables Pledge As S.korea Shifts Gears On Green Energy
Apr 27 () – Samsung Electronics ( 005930.KS ) plans next month to join a group of global companies aiming for 100 percent renewable energy, a person familiar with the matter said, as partners such as Apple Inc ( AAPL . Oh). ) to encourage action against climate change.
Samsung, the world’s biggest chipmaker, is late on its green energy pledge, two years after domestic rival SK Hynix ( 000660.KS ) joined the RE100 initiative, which aims for 100 percent renewable electricity by 2050. while global rivals including Apple, TSMC (2330.TW) and Intel (INTC.O) are already among the 350 participants.
The timing of the cautious company’s announcement, which is expected to coincide with the inauguration of South Korea’s new president on May 10, comes just as the country’s energy policy is set for major changes: a shift away from the previous administration’s aggressive push towards renewable energies and towards nuclear.
“This will be a group-wide announcement that will also include subsidiaries such as Samsung Display,” said a person with direct knowledge of the matter.
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“The whole group will announce its climate targets, including the RE100, around the time the new administration takes office,” said the source, who spoke on condition of anonymity because of the sensitivity of the matter.
The source added that Samsung discussed regulations and barriers to renewable energy use with President-elect Yoon Suk-yeol’s transition committee.
Samsung declined to comment, and CDP, an environmental nonprofit that brings together companies that want to join the RE100, said only that an announcement was expected this year.
“Samsung Electronics told us that it has informed its foreign investors that it will participate and announce the RE100 this year,” said Kim Tae Han, senior research fellow at CDP’s Korean board.
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Yoon also tapped Han Hwa Jin, a climate expert and external director at Samsung, to serve as his government’s environmental office.
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