Samsung Display Announces Environmental Strategy to Achieve Net Zero Emissions by 2050

Samsung Display announced its environmental strategy to become carbon neutral by 2050.

To this end, the company recently joined RE100, a global initiative to promote the use of 100% renewable electricity. Samsung Display aims to use 100% renewable electricity at all its domestic and foreign business sites with the goal of achieving net zero emissions by 2050.

As part of its fight against climate change, Samsung Display is going to leverage continuous R&D and cooperation with global material companies to develop differentiated low-power displays, such as ECO² (ECO Square) OLED™, a technology that increases panel brightness by internalizing polarizing plate functions and reduces power consumption by 25% to 52%.

To protect irreplaceable resources, such as sand and water, Samsung Display will promote process material recycling and resource-circulated material development, and expand the circular economy ecosystem, an eco-friendly economic model that pursues sustainability through resource-saving and recycling.

Samsung Display plans to continue pursuing its environmental strategy through 2040 by recycling resources, reducing water waste, and developing eco-friendly materials.

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