Climate change: Samsung, SBTi Targets

Since 2018, EOS has engaged with Samsung Electronics on its climate change strategy, focusing on establishing science-based carbon emissions reduction targets. Initially, EOS supported a unified groupwide target, but Samsung’s two main divisions took distinct approaches. The DX division, responsible for consumer electronics and household appliances, is targeting net zero Scope 1 and 2 emissions by 2030, while the DS division, accounting for 95% of emissions, aims for net zero by 2050 without interim targets. In 2024, following dynamic discussions and with Samsung joining the Semiconductor Climate Consortium as a founding member, EOS discontinued the groupwide objective in favour of developing bespoke interim Scope 1 and 2 targets for its DS division. This outcome realigns the engagement with Samsung’s operational realities, providing a more tailored roadmap to tackle decarbonisation in its semiconductor operations. Moving forward, EOS will work closely with Samsung to monitor progress and ensure the targets drive meaningful emissions reductions.