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Samsung Electronics aims to achieve net emissions by 2050; to invest more than 5 billion dollars: Report


Samsung Electronics is said to be setting a net zero emissions target by 2050 and plans to invest more than $5 billion (approximately Rs 39,760) as the company is shifting away from fossil fuels. The Korean company said it plans to achieve net zero emissions across its smartphone, television and consumer divisions by the end of the decade and across all its global operations including chemicals. semiconductors by 2050. Money will be invested in projects including reducing emissions from process gases, and controlling and recycling e-waste.

According to a recent Reuters report, Samsung Electronics To be target net zero emissions by 2050 and plans to invest more than $5 billion (approximately Rs 39,760) towards this goal.

As mentioned earlier, Samsung has set 2030 as the deadline to achieve net zero emissions across its smartphone, television and consumer divisions. The tech giant plans to achieve net zero across all global operations by 2050.

Again, Samsung aims to reduce emissions from process gases, by controlling and recycling e-waste, saving water and reducing pollutants.

The Korean company also plans to develop new technologies to reduce power consumption in data centers and consumer electronics. Samsung will also set long-term goals to reduce emissions in the supply chain and logistics.

Samsung’s positive move has received much praise from investors.


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