Saturday, July 25, 2009

Samsung Electronics Announces Eco-Management 2013 Initiative

On July 20, 2009, Samsung Electronics announced a new green management initiative that establishes a comprehensive set of goals intended to make Samsung a leading eco-friendly company by 2013.

The Eco-Management 2013 plan includes commitments to:

• Reduce greenhouse gas emissions from manufacturing facilities by 50 percent by 2013 on a financial emissions intensity basis, taking 2008 as the base year.

• Reduce estimated indirect greenhouse gas emissions from Samsung products by 84 million tons over a five year period through the end of 2013.

• Exceed Good Eco-Product criteria for 100 percent of Samsung's products, up from the current 50 percent. This will include introducing eco-friendly evaluation for products in the R&D stage, enhancing energy efficiency, and increasing the use of recyclable and eco-friendly materials.

• Invest 5.4 trillion Korean won on research and development, and facilities related to eco-management initiatives through 2013. This includes 3.1 trillion Korean won for development of eco-friendly products, and 2.3 trillion Korean won for energy-saving technologies and greening of manufacturing facilities.

• Strengthen environmental cooperation with suppliers and partners, including supporting the implementation of green management systems such as ISO 14001, and the establishment of greenhouse gas inventories.

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