Samsung’s environmental strategy includes focusing on circularity, using recycled materials and collecting more e-crap.
As a press release“Samsung plans to double down on efforts to improve the distribution of electronics throughout the entire product life cycle,” said Samsung.
To achieve these goals, the company created a circular economy laboratory to research material recycling technologies and resource extraction processes, and plans to develop a system to recycle minerals from all collected batteries by 2030.
The phone and device maker has set a goal of including some recycled resin in 50% of the plastic in its products by 2030.
Currently, the company has a E-waste collection system In 50 countries and plans to expand to 180 countries by 2030, between 2009 and 2030 it will collect 10 million tons of e-scrip.
Samsung also actively promotes a recycling program that collects and repurposes used smartphones.
Company-wide, it plans to achieve platinum-level zero-to-waste certification from Underwriters Laboratories by 2025.
Samsung in 2010 It will invest more than 7 trillion South Korean won (about $5 billion) in its environmental initiatives by 2030.
“The climate crisis is one of the greatest challenges of our time,” Samsung CEO Jong-Hee Han said in a press release. “The consequences without action are unimaginable and require the contribution of all of us, including businesses and governments.”