Samsung Elec to invest over $5 bln as it targets net zero emissions by 2050 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017.The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017.

South Korea also aims to achieve net zero emissions by 2050 but this is challenging for a country with significant heavy industry including shipbuilding and steel, analysts say. “While its carbon emission number continues to rise, Samsung Electronics had delayed making a clear commitment how to meaningfully reduce carbon emissions. This has been a growing concern for long-term investors,” said Yoo-Kyung Park, head of responsible investment and governance for the Asia Pacific region at APG Asset Management, a Samsung shareholder.

In addition to its net zero emissions and water goals, Samsung plans to increase the recycling of resources such as lithium and cobalt used in Samsung devices.

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