Samsung Electronics Stares At Bright Solar Future
Published: 26 May 2010
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Executive Summary
This case study is one in a series of Verdantix reports that analyses corporate climate change and sustainability strategies. Samsung Electronics is the largest firm in the South Korean conglomerate, or chaebol, Samsung Group. The firm, which employs 161,700 people, delivered revenue of $131 billion and accounted for 16% of all South Korean exports in 2009. The firm’s first sustainability strategy dates back to June 1992 and in July 2009 it announced the ‘Eco-Management 2013’ initiative, building on the firm’s climate change strategy. The initiative is designed to target a wide range of sustainability issues across the firm. Samsung Electronics operates in a different environment to its US and EU competitors, as South Korea has not yet introduced mandatory emissions reduction regimes. As such, Verdantix found its programme to date reflects the evolution of international requirements for eco-products and specific domestic opportunities.
TABLE OF CONTENTS
SAMSUNG ELECTRONICS FOCUSES ON BRIGHT SOLAR FUTURE
Samsung Electronics Invests In Corporate Sustainability
Solar Cell Initiative Outshines Internal Policies
Samsung Electronics Risks Being Left Behind On Internal Performance
TABLE OF FIGURES
Figure 1. Total Emissions Increased By 27% While Emissions Intensity Decreased
Figure 2. Emissions Intensity Targets Will Demand Greater Gains To 2013
Figure 3. Samsung Electronics Focuses On Brand Image And Product Revenue
COMPANIES MENTIONED
Cisco, ENCO Utility Services, Google, HP, IBM, Pacific Gas And Electric, Samsung Austin Semiconductors, Samsung Group