Medical and Hospital News  
ENERGY NEWS
Samsung lagging on renewables pledge: Greenpeace
by AFP Staff Writers
Seoul (AFP) June 28, 2021

Smartphone and chip giant Samsung Electronics' fulfilment of a headline-grabbing pledge to switch to renewable energy in the US, China and Europe accounts for less than 20 percent of its global electricity use, environmentalists Greenpeace said Tuesday.

The firm needs to broaden and deepen its commitment if it is going to have a genuine impact in the fight against climate change, the campaign group said in a report, urging it to take similar steps in more countries within "aggressive timeframes".

The company is the flagship subsidiary of the Samsung group, by far the biggest of the family-controlled conglomerates that dominate business in South Korea, the world's 12th-largest economy.

In 2018, Samsung Electronics promised to source all of its energy use in the US, China and Europe from renewables within two years, a target it said in March it had met.

But renewables only accounted for 17.6 percent of the firm's global energy mix in 2020, Greenpeace said, highlighting that its two key production hubs -- South Korea and Vietnam -- were not included in the original commitment.

The two countries account for around 80 percent of Samsung Electronics' worldwide electricity consumption and in both of them it "depended heavily on fossil fuels", Greenpeace said in its report, which was based on disclosures and statistics from Samsung itself.

In the South, Samsung has its own solar panels and geothermal power facilities, but they generated only "a tiny fraction" of its gigantic 17 TWh electricity usage there last year -- more than 70 percent of the firm's global consumption.

Samsung Electronics is among the South's biggest consumers of electricity and the situation presents a challenge for President Moon Jae-in's goal of the country becoming carbon neutral by 2050.

It is an ambitious target given that according to the International Energy Agency only around six percent of the South's electricity came from renewables in 2020.

But Samsung Electronics is not among the more than 300 global corporations -- including its biggest smartphone rival Apple -- that have signed up to the RE100 pledge committing to use only renewable electricity, Greenpeace pointed out.

"Samsung has demonstrated that they can achieve 100 percent renewable energy in a short period in the US, Europe, and China," said Hyunsook Lee of Greenpeace.

"It is essential to set a 100 percent renewable energy conversion goal in Korea and Vietnam, which are vulnerable to climate crisis."


Related Links



Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


ENERGY NEWS
European regulator urges banks to evaluate climate risks
Paris (AFP) June 23, 2021
The European Banking Authority called Wednesday upon banks to better take into account climate-related risks when setting their business goals and strategies. The EBA, which is responsible for setting the rules for regulating and supervising banks in EU countries, issued a report on environmental, social and governance (ESG) risks. ESG criteria are used to measure the impact and sustainability of companies and a growing number of investors are requiring commitments. In its report, the EBA sa ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

ENERGY NEWS
Millions join Mexico quake drills after pandemic eases

Eight detained over deadly China gas blast

Snipers 'were ready to shoot' Greenpeace Euro 2020 parachutist

China says radiation levels normal at Taishan nuclear plant

ENERGY NEWS
GMV develops a new maritime Galileo receiver

Orolia's GNSS Simulators now support an ultra-low latency of five milliseconds

Lockheed Martin-Built Next Generation GPS III Satellite Propels Itself to Orbit

GMV at the core of the Galileo High Accuracy Service

ENERGY NEWS
A new type of Homin unknown to science

Urban green space brings happiness when money can't buy it anymore

Brain's memory center also key for real-time decision-making

Study: Brains, bodies of babies active during new sleep stage

ENERGY NEWS
Twin joy as Tokyo panda gives birth to two cubs

See you in 17 years: America's cicada plague winding down

Butterflies cross the Sahara in longest-known insect migration

Longer wings, smaller bodies, earlier migrations 'new normal' for birds

ENERGY NEWS
China gives one-billionth Covid shot as Brazil toll hits milestone

Chinese jab added hurdle for some African visitors to EU

US sends 2.5 mn Covid vaccine doses to Taiwan

South Africa sends army medics to Covid-hit province

ENERGY NEWS
Luxury in the clouds: Shanghai opens world's highest hotel

18 killed, 16 injured in fire at China martial arts school

Why people join the Chinese Communist Party

'Not quite a religion': China's Communist Party attracts new devotees

ENERGY NEWS
Raids worldwide as police reveal vast hack of criminal encrypted phones

ANOM: Hundreds arrested in 'staggering' global crime sting

ENERGY NEWS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.