Samsung Electronics has updated its environmental strategy, pushing its investment in green initiatives to more than KRW7 trillion ($5 billion) by 2030. The company has joined RE100, a global renewable energy initiative and is now targeting net-zero carbon emissions by 2050.
This investment, said the company, will go towards researching new technologies that will help reduce carbon emissions at treatment facilities and process gases, which are a byproduct of semiconductor manufacturing. The funding will also enable Samsung to install treatment facilities on its semiconductor manufacturing lines.
