Samsung Display targets 100% renewable power in net zero drive

The South Korean firm has joined RE100, with plans to transition all overseas production sites, including in India and Vietnam, to using renewables by the end 2022

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Samsung Display has made a commitment to use 100% renewable electricity across both its domestic and international sites as part of its ambition to achieve net zero emissions by 2050.

The South Korean firm has joined RE100, a global initiative to promote the use of 100% green power, with plans to transition all overseas production sites, including in India and Vietnam, by the end 2022.

It also intends to develop low power and eco-friendly products, upgraded every year with the latest innovations, as well as transition all business vehicles to all-electric and hydrogen by 2030 to support its net zero target.

Samsung Display will work global material companies to develop different low-power displays, such as ECO² (ECO Square) OLED™, a technology that increases panel brightness by internalising polarising plate functions and reduces power consumption by 25% to 52%.

In addition, it plans to design processes from the initial stage of production with resource recycling in mind to minimise waste and establish a circular economy ecosystem.

The company has created a Carbon-Neutral Taskforce division to establish and implement specific roadmaps for each task.

JS Choi, CEO of Samsung Display said: “We are facing serious climate issues that require aggressive action. That’s why environmental strategy must become one of our highest priorities.

“Samsung Display will actively address this climate crisis — humanity’s biggest challenge — by continuing to reduce our carbon emissions, establishing a circular economy ecosystem in the display industry and developing low-power eco-friendly technologies.”