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Samsung joins global pledge to increase renewable energy use

AP  |  Seoul 

Electronics Co., the world's biggest maker, joined today a growing list of companies that are promising to increase their use of solar and other to help curb global warming.

Samsung, part of South Korea's biggest group, is the first Asian to join a movement spearheaded by and other Silicon Valley companies.

The South Korean said it would use more at factories and other operations in the United States, and but still would rely on local power grids that use fossil fuels and, to compensate for that, would buy credits from outside suppliers. The company said it had not determined which providers it might use.

Other companies that have joined the renewable energy pledge, dubbed RE 100, include automakers and and a handful of other manufacturers. Most are in less energy-intensive and service industries.

The maker of Galaxy faces bigger challenges due to its vast in more than 30 countries, while many of the Silicon Valley names on the list rely on for

"Samsung's commitment represents a big step forward in reducing the impact that our is having on the planet," the group said in a statement.

Activists began pressing a year ago to set a

The company faced growing pressure from clients for its services, some of whom had called on their suppliers to make a similar commitment.

Apple, a major customer for Samsung's chips and display panels, said in April it would push its to switch to renewable energy.

gave no for facilities in its home country of South Korea, where about three quarters of the energy comes from coal and nuclear power.

It also declined to give a target for Vietnam, which has become its largest base for

Samsung, also a of computer chips, said its plans include installing 42,000 square metres of solar panels this year at its headquarters in Suwon, South Korea, and two other cities where it operates major plants.

The effect of that would be largely symbolic because the portion of renewable energy in Samsung's South Korean still would be minimal. gets 6 percent of its energy from renewable sources. The government aims to increase that to 20 percent by 2030.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 14 2018. 17:00 IST
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