Samsung Electronics Co., Ltd
Climate Impact & Sustainability Data (2023-Q2, Q2 2023)
Reporting Period: 2023-Q2
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:29.6%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Renewable energy
- Waste management
- Supply chain assessment
Environmental Achievements
- Increased company-wide renewable electricity usage rate to 29.6% (4% in 2021)
- Received platinum validation for ZWTL, by diverting 100% of waste away from landfill for all domestic sites
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: Q2 2023
Environmental Metrics
Total Carbon Emissions:10.16 million tons reduction
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:31%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Human Rights
Environmental Achievements
- DX Division completed transition to 100% renewable energy at all DX operational sites in Korea and manufacturing bases in Vietnam, India, and Brazil
- Increased use of plastic with recycled resins by 3x
- DS Division increased regenerative catalytic system and integrated greenhouse gas treatment facility installations, reducing semiconductor process gas use
- Lowered greenhouse gas emissions by 10.16 million tons
- Achieved a corporate renewable energy transition rate of 31%
Social Achievements
- Established Samsung's Global Human Rights Principles based on international standards
- Ranked second in the ICT manufacturing sector in the corporate human rights benchmark and assessment by the World Benchmarking Alliance
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Weak global IT demand due to macro risks and customer inventory adjustments, especially for legacy memory products
- Sluggish demand from main applications in system semiconductor businesses leading to lower utilization rates
- Overall weak demand in display industry due to high inflation and economic downturn
Mitigation Strategies
- Focus on sales of high-value-added products (DDR5, LPDDR5X, HBM) and securing new orders
- Continued investment in infrastructure, R&D, and packaging, enhancing gate all-around process completeness in Foundry
- Optimizing memory portfolio by focusing on high-value-added and high-density products
- Cost improvement efforts and highlighting product/service value in Foundry
- Collaborating with customers for long-term capacity planning in Foundry
- Improving business fundamentals by enhancing yield and productivity in display, focusing on high-value-added products
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed