Samsung Electronics Company Ltd (SSNHZ)

[FuninUSA]

Samsung Electronics made a significant commitment to renewable energy

Samsung Electronics is fulfilling its duty as a corporate citizen by expanding and supporting the use of renewable energy.

Recently, on its website,Samsung said it was planning to use 100 percent renewable energy at its factories, office buildings and operational facilities in Europe, China and the US by 2020, reported in FuninUSA news.

“As demonstrated by our expanded commitment, we are focused on protecting our planet and are doing our part as a global environmental steward,” said Won Kyong Kim, Samsung Electronics' executive vice president and head of global public affairs. Samsung Electronics' move was also welcomed by environmental organizations, FuninUSA reported.

Samsung said it would work with its top 100 partner companies to assist them in setting their own renewable energy targets, in partnership with the CDP's (formerly the Carbon Disclosure Project) supply chain program. Samsung said it intended to join the program next year.